Housing Wire

JULY 19, 2024

AscentDS product offerings will include short-term loans to acquire, renovate or build single-family and multifamily properties, as well as post-completion bridge financing. According to reporting from Bloomberg , AscentDS is seeking to originate $3 billion to $5 billion per year.

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Appraisal Buzz

OCTOBER 14, 2024

However, manual reviews of appraisals, property condition, renovation estimates, and more do not scale efficiently. But being an appraiser today brings risks and rewards, making the accuracy of property valuations and quality control not just a priority but a necessity. Here, computer vision extends its utility beyond mere valuations.

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Valuation Renovations Technology Appraisal 368

Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

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Renovations Real Estate Agent Construction Buyers 468

Inman

SEPTEMBER 3, 2024

Pre-sale renovation services company Revive has made its artificial intelligence-backed property valuation product, Revive Vision AI, free to all real estate consumers.

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Renovations Valuation Real Estate Technology 137

Housing Wire

FEBRUARY 18, 2022

Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. Here are six misconceptions surrounding what AVMs currently do for appraisal valuation: 1. AVMs do not account for upgrades or renovations. ” Amazing, right? What about AVMs?

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Appraisal Process Appraisal Valuation Renovations 397

Inman

SEPTEMBER 6, 2023

Revive Vision AI analyzes property photos to assess a property’s current value and renovation potential, utilizing Revive’s renovation recommendation engine to provide estimates backed by local contractors that maximize listing values.

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Valuation Renovations Technology 179

Housing Wire

AUGUST 5, 2021

This bodes well for those still looking to refinance, renovate or even purchase a new home.”. How fine-tuning MSR valuations can help lenders improve decision-making. If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability.

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Mortgage Valuation Housing Market Renovations 529

Appraisal Buzz

APRIL 8, 2024

As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Lack of Transparency: Traditional appraisal methods often lack a clear audit trail, making it difficult to trace back decisions or valuations.

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Technology Appraisal Valuation Supply Chain 418

Housing Wire

APRIL 18, 2023

He also held the role of senior vice president and director of valuation at New City Corporation. His past roles include chief product and operations officer at Collateral Analytics , a firm he founded in 2009 and was later acquired by Black Knight in 2020.

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Housing Wire

MAY 11, 2021

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . This is why most automated valuation models (AVM) default to assessing “average” quality and condition.

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D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. As Vancouver Island’s home evaluation expert, D.

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Appraisal Buzz

NOVEMBER 4, 2024

has launched AVM Optimizer , a tool that bridges the gap between automated home valuations and true property worth. The new tool enhances automated home valuations by factoring in property condition, updates, and renovations, addressing a key gap in other automated models. Appraisal Map Inc.

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Appraisal Buzz

OCTOBER 21, 2024

This treatment recognizes that the existing improvements should continue in use until it is financially feasible to remove the dwelling and build a new one, or to renovate the existing dwelling. In line with this, how could the appraiser determine if repairs, renovations, or razing the improvements is financially feasible?

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Market Value Renovations Valuation Appraisal 293

D Fritz Appraisals

JANUARY 29, 2025

While assessments and appraisals both provide property valuations, their purpose, methods and impact on homeowners differ vastly. As property values soar and housing accessibility becomes more challenging, understanding the role of these valuations in shaping real estate decisions is more critical than ever.

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Appraisal Valuation Property Taxes Inspection 78

Housing Wire

APRIL 2, 2021

The valuation at the time of the IPO is expected to be $1.9 Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line. Total revenues rose 101% to $1.80

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Finance Renovations Investors Retail 387

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. The problem with private money lenders is that good ones are hard to come by.

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Real Estate Investing Investors Renovations 397

Birmingham Appraisal

DECEMBER 17, 2024

Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. An incomplete or incorrect legal description can complicate the appraisers research and lead to errors in the valuation.

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Appraisal Easement Real Estate Agent Valuation 76

Cleveland Appraisal Blog

NOVEMBER 11, 2021

However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. VALUATION IS NOT EASY OR SIMPLE. Valuation is not simple and not nearly as easy as many think it is. This home has also been renovated in recent years. They are also good at data collection. Not even close!

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Valuation Market Value Appraisal Real Estate 369

Appraisal Buzz

MARCH 3, 2025

The GSEs are even taking notice of the trend and expanding policies for broader mortgage possibilities, with programs like Freddie Macs CHOICERenovation Mortgages and Fannie Maes HomeStyle Renovation program. Automated Valuation Models (AVMs) are less reliable for ADUs and waivers generally are not accepted.

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Construction Appraisal Legal HOA 248

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

I have read some comments in the MLS, that state that a home had been completely renovated. However, when I looked at the photos, the home may have not been renovated. Perhaps it was updated nicely, but not to the degree of a full renovation.

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Agents Appraisal Renovations Development 378

Appraisal Buzz

OCTOBER 25, 2021

Notably, HomeBinder had introduced a proprietary home valuation tool that aggregates multiple data points — including renovations, appliance upgrades and the completion status of maintenance tasks — to estimate the home’s current value and appreciation. The post HomeBinder Adds New Features appeared first on Appraisal Buzz.

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Real Estate Agent Renovations Valuation Insurance 195

Appraisal Buzz

SEPTEMBER 5, 2024

The MBA study also found the following of note: Home renovations slowed to 56% of volume in 2023 compared to 65% in 2022. Debt consolidation grew to 33% of volume in 2023 from 25% in 2022.

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Lending Inspection Valuation Renovations 221

Housing Wire

OCTOBER 24, 2022

If anyone knows of anywhere that could be a good fit with my 20+years in maintenance/renovation leadership in multi-family, single family, or senior living, please pass my name along. Roofstock raised in March 2022 about $240 million in Series E funding, led by SoftBank Vision Fund 2 , which brought its total valuation to $1.94

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Real Estate Investing Investors Business 418

Appraisal Buzz

JULY 29, 2024

In terms of usage, 56% of borrowers used their home equity loan for home renovations, down from 65% in 2022, while 33% used the loan for debt consolidation, up from 25% the previous year.

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Inspection Valuation Renovations Lending 195

Appraisal Partners Blog

JANUARY 20, 2025

But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? Its conducted by a licensed or certified appraiser who adheres to strict ethical guidelines and valuation principles. This valuation is crucial for a multitude of reasons. They will be aware of any deficiencies.

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Appraisal Inspection Valuation Appraisal Process 78

Housing Wire

MARCH 28, 2022

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs.

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Real Estate Marketing Insurance Technology 397

Housing Wire

FEBRUARY 8, 2022

Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. Kroll Bond Ratings Agency , in a January 2022 pre-sale report, said they gave a “broad valuation haircut” to all loan pools with appraisal waivers.

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Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Always include your contact information and a call to action, such as an offer for a free home valuation. Great news!

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Real Estate Open Houses Brokerage Real Estate Agent 465

Housing Wire

AUGUST 2, 2022

This won’t apply for homes that are being renovated — the department was not immediately available to explain the logic of that choice — manufactured homes, or condominiums. The purchase price can’t exceed the Federal Housing Finance Agency ’s conforming loan limits, which top out at $970,800 for 2022.

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Appraisal Appraisal Process Renovations Finance 370

Cleveland Appraisal Blog

FEBRUARY 4, 2021

So, why offer a valuation service that provides values that should not be relied upon? It appears that the valuations AVM’s provide are really instruments that are used to attract consumers to their sites, where they collect data on people’s searches, while at the same time offering other real estate services and information.

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Advertising Valuation Appraisal Renovations 198

Inman

MAY 16, 2023

Plunk's home renovation value analysis is a smart plug-in for Milestones, which assists homeowners in managing home ownership decisions, according to a company announcement.

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Renovations Valuation Technology 165

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. An old house without such restrictions offers more renovation flexibility, which can be appealing to a broader market.

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Appraisal Renovations Architecture Appraisal Process 147

Cleveland Appraisal Blog

JUNE 18, 2022

In high-stakes eminent domain cases, where valuation opinions diverge to a significant degree, an appraiser must be prepared to zealously defend the opinion being given under what can sometimes be grueling cross-examination by the other side’s lawyer.

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Appraisal Law Development Valuation 312

Housing Wire

JUNE 7, 2024

Run home valuation social media ads Running social media ads is a great way to get in front of potential sellers quickly, efficiently, and for very little money. You’ll definitely want to partner with a company that provides property valuations, plus a lead conversion tool. Who’s it for? Visit Real Geeks Who’s it for?

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Real Estate Open Houses Agents Sellers 468

Housing Wire

JULY 29, 2024

Tool to drive new capital to the multifamily space Multifamily investing This tool would simplify multifamily investing to attract new players and/or make it easier for existing investors to acquire or renovate properties. Basically an AI mentor to hold the investor’s hand through the process and surfaces opportunities and resources.

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Tools Training Tenants Property Management 360

Appraisal Buzz

SEPTEMBER 5, 2022

Real Estate valuation can be a complex exercise in problem solving. The more all parties look for opportunities that lead to alignment of their respective needs and benefits, the closer we will be to an optimized approach to appraisal and valuation. Complexity in Process and Properties. Progress in Revision Rates.

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Appraisal Modernization Appraisal Process Technology 281

Inman

SEPTEMBER 21, 2023

Data from artificial intelligence-powered valuation company Plunk will be used to enrich the products of two real estate industry firms that specialize in marketing technology and services.

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Marketing Valuation Technology Real Estate 193