Housing Wire

JUNE 10, 2021

Home improvements and renovations are also important to buyers. A seller concession could include putting money towards the inspection costs, appraisal fees, taxes or another expense. While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Seller Concessions. Bottom Line.

Seller concession 546

Seller concession Staging Closing costs Inspection 546

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. The firm is growing rapidly to offer instant repair estimates and scale through process automation. He also held the role of senior vice president and director of valuation at New City Corporation.

Inspection 369

Inspection Technology Investor Development 369

Housing Wire

SEPTEMBER 19, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? The appraiser inspects the property An appraiser visits the property and conducts a visual inspection of the home’s condition. The negotiations were successful, and a deal has been reached. Not necessarily.

Agents 476

Agents Inspection Sales Commercial 476

Housing Wire

JUNE 21, 2022

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. To be precise, the average U.S.

Investor 435

Investor FHA loan Inspection Renovation 435

Housing Wire

NOVEMBER 30, 2023

There are two versions: the standard, which includes structural repairs and requires an approved consultant, and the limited version, which is focused on minor renovation and repair and does not require a consultant. Changes also include increases to the maximum amount for other allowable fees, including for draw inspection, which is $375.

Inspection 475

Inspection Finance Renovation Loans 475

Housing Wire

OCTOBER 10, 2023

When making pre-listing repairs or renovations, different projects can result in vastly different returns. Remodels are structural renovations that make homes more livable and require more labor, resources, and money to complete than refresh projects. We’ve all witnessed the housing market slowdown that has occurred over the last year.

Agents 482

Agents Renovation Inspection Construction 482

Housing Wire

MAY 12, 2021

Still, I’m encouraged to see companies using digital tools and platforms — or creating their own — to take little bites out of a gigantic industry, from streamlining financing and inspections, to centralizing communication, to optimizing budgets and reducing project delays. That’s what building a new home is like for most people.

Construction 482

Construction Technology Inspection Industrial 482

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. . Two of the key components are quality and condition. Difficult, But Not Impossible. Realtor Comments Hold Vital Info.

MLS 396

MLS Inspection Renovation Residential 396

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs do not account for upgrades or renovations. ” Amazing, right? AVMs don’t account for housing trends.

Commercial 397

Commercial Renovation Technology Inspection 397

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions.

Renovation 376

Renovation Residential Commercial As-is 376

HomeLight

OCTOBER 31, 2024

Other contributing factors include natural disasters, seismic events, or home renovations, like adding floors, which increase the structure’s weight. Permits and inspections: Local regulations may require permits and inspections, adding to the overall expenses. But how much does it cost to level a house?

Inspection 111

Inspection Renovation Construction As-is 111

HomeLight

MARCH 3, 2025

Looking to sell a house as is in Rhode Island? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. Its much more common than you might think! The most common request I get for as-is sales, are situations where a house is in significant disrepair.

As-is 52

As-is Purchase and sale agreement Inspection Finance 52

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. This may affect their life savings since buying a home is one of the largest purchases one can make! —

Marketing 435

Marketing Agents Closing Renovation 435

HomeLight

JANUARY 22, 2024

One of the biggest reasons is people have money in equity in their home, but they don’t have much money in regards to savings to be able to renovate the property,” says Megel. “So, This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale.

As-is 110

As-is Inspection Renovation Equity 110

HomeLight

MARCH 31, 2022

The buyer can still request repairs: Even if the home is listed “as is,” the buyer can still order an inspection after making an offer and request repairs to areas of concern that come up on the inspection. Repairing or renovating a home can be expensive and isn’t always financially feasible. Need a faster sale.

As-is 122

As-is Inspection Investor Short sale 122

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. Direct mail is a memorable way to stand out among cold callers and social media influencers. Great news! Your neighborhood is hot!

Brokerage 452

Brokerage Investor Agents Pre-approval 452

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels.

Purchase and sale agreement 468

Purchase and sale agreement Agents As-is Inspection 468

Toronto Realty Blog

MARCH 28, 2022

I did a full home inspection on this house when I bought it. Why didn’t the home inspection catch this? Umm, well, because a home inspection isn’t really meant to predict the future. At that time, we had been in our house for exactly 18 months. Our new house. “Our basement is flooded,” she said.

Inspection 111

Inspection Closing As-is Agents 111

HomeLight

JULY 25, 2022

Frequently, the inspection serves as the buyers’ safety net. “If If the inspection shows some damage that nobody was aware of,” Tom explains, “it usually results in renegotiation of the deal — either the price or the repair gets fixed.”. “If Looking to sell a house “as is” in Florida? There are typically two types of as-is sellers.

As-is 110

As-is Purchase and sale agreement Inspection Closing costs 110

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures.

As-is 98

As-is Agents Purchase and sale agreement Inspection 98

HomeLight

MAY 19, 2022

Looking to sell a house “as is” in Maryland? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. There are some misconceptions about what “as is” means, says top-rated Maryland real estate agent Juan Umanzor. “I They want to sell as-is.”. Request Cash Offer.

As-is 119

As-is Inspection Investor Closing costs 119

The Close

NOVEMBER 25, 2024

Looking for your next big investment? You’re on the right page! Buying multifamily real estate is a smart way to build cash flow and a solid investment portfolio in a single transaction. By the end, you’ll be confident and ready to dive into the multifamily market. What Is Multifamily Property?

Purchase and sale agreement 105

Purchase and sale agreement Property Management Hard money loan Investor 105

BAM Media

DECEMBER 19, 2024

We have a pretty good sense by now of what experts are predicting about 2025. Now, lets get into what consumers think. With home prices expected to rise, mortgage rates still in flux, and buyers and sellers split on key market dynamics, next year is shaping up to be anything but predictable.

Marketing 98

Marketing Closing costs Inspection Agents 98

HomeLight

MAY 23, 2022

Looking to sell a house “as is” in Massachusetts? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. This includes houses that may require a bit of TLC. “If Sell 'As Is' With a Cash Offer. Skip repairs and close in as few as 10 days. Request Cash Offer.

As-is 111

As-is Inspection Sales Investor 111

HomeLight

FEBRUARY 28, 2022

So, should you renovate your house before selling? If you decided to renovate your house before selling, how do you end up on the winning end? Advantages of Renovating Your Home Before Selling. When you choose the right type of renovation project , your home value can increase and attract more potential buyers.

Renovation 116

Renovation Agents Sales As-is 116

HomeLight

AUGUST 24, 2022

Looking to sell a house “as is” in Connecticut? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. However, selling a house “as is” usually means accepting a lower offer and it doesn’t always prevent buyers from trying to negotiate savings. Disclosures.

As-is 111

As-is Inspection Closing costs Investor 111

HomeLight

OCTOBER 25, 2024

If you’re a homeowner who doesn’t have the time or resources to tackle renovations, a cash sale can be an easy way to sell your property. Schedule a home evaluation: The company will send a representative to inspect your home and assess its condition. These companies offer cash for homes, especially those needing repairs or updates.

Purchase and sale agreement 64

Purchase and sale agreement Inspection Renovation Closing 64

Toronto Realty Blog

FEBRUARY 13, 2025

The renovation was top-notch and the quality of workmanship was surprisingly A+ all the way. The regular readers know this, and the long-time readers can recall a time when I wasn’t a hokey, 40-something dad. Older folks love to say, “I was young too, once.” Nothing to see here!” Something is clearly wrong.

Inspection 93

Inspection Purchase and sale agreement Closing Agents 93

Toronto Realty Blog

NOVEMBER 14, 2024

Theoretically, it’s present in every industry, in every business, and in the lives of every worker-bee in their pursuit of professional glory. But in reality, there are many times when we feel “stuck in the mud,” and real estate is no exception. Do you see where this is going? Do you see the implications?

MLS 98

MLS Purchase and sale agreement Staging Agents 98

HomeLight

SEPTEMBER 1, 2022

Unpermitted additions include any form of remodel or renovation on a home where the owners did not obtain the proper permits from the city’s building department, even though a permit was required to begin work. CPI, a home inspector and structural engineer with the Tampa Bay-based Red Flag Home Inspection, LLC. What should I do now?

Renovation 111

Renovation Inspection Inspection contingency Construction 111

The Close

MARCH 11, 2025

Step 1: Select Your Target Area The location of an FSBO property is a significant factor to consider when starting the buying process. During this time, investors should evaluate neighborhood factors, such as location, price, amenities, and educational rankings, that add to the areas general aesthetics.

Sales 52

Sales Due diligence Investor Finance 52

AAOA

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Get started by viewing .

Property Management 80

Property Management Due diligence Finance VA loan 80

HomeLight

FEBRUARY 18, 2025

Get a pre-listing inspection to check the state of the wiring. A home inspector, a licensed electrician, or an electrical contractor will check that your homes electrical components meet the National Electrical Code (NEC), the benchmark for safe electrical design, installation, and inspection of electrical equipment of all types.

Inspection 98

Inspection Renovation Design Sales 98

Easy Agent Pro

FEBRUARY 22, 2022

Buying fixer homes – How will they pay for the renovations? FHA’s 203(k) program , Fannie Mae’s HomeStyle Renovation Loan and Freddie Mac’s CHOICERenovation loan, for instance, offer one loan to cover the purchase of the home and the renovations required. If you’re unfamiliar with these programs, do some research.

Inspection 114

Inspection Renovation Loans Agents 114

Lighter Side of Real Estate

APRIL 17, 2024

Brand new homes often aren’t in the budget, or even available in certain areas, which makes finding a totally renovated or updated home in any price range appealing to many buyers. In their defense, most flippers don’t actually live in the houses they renovate, so they may not even know about issues that aren’t obvious to the naked eye.

Renovation 122

Renovation Due diligence Inspection Branding 122

HomeLight

JULY 13, 2022

To provide you with the most complete information, we talked to the experts: Eugene Lackey , Supervisor of Building Construction Inspections for the City of Cincinnati. To provide you with the most complete information, we talked to the experts: Eugene Lackey , Supervisor of Building Construction Inspections for the City of Cincinnati.

Inspection 111

Inspection Renovation Residential Commercial 111

Realtor.com

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. But there’s more to consider. based in Troy, MI. You can also use the realtor.com®

Closing costs 145

Closing costs Debt-to-income ratio Inspection Closing 145