Remove Design Remove Inspection Remove Renovation
article thumbnail

The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? Were those recent renovations done up to local code?

article thumbnail

What renovations will add value to my home?

Housing Wire

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. Despite this, there are some renovations that are worth their price tags.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FHA proposes changes to 203(k) program

Housing Wire

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.

article thumbnail

Opportunities to improve the home-building process

Housing Wire

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. Creating transparency. Bringing more services under one roof.

article thumbnail

What AVMs can and can’t do in the appraisal process

Housing Wire

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? What about AVMs? So, what can AVMs do?

article thumbnail

Why It’s Important to Work Around Your Home’s Current Design When Renovating

RIS Media

If you’re planning to renovate your home, you may be envisioning an open floor plan or thinking about changing the layout of a bathroom. How Your House’s Design Can Limit Your Renovation Options. You will most likely have to get a permit before renovations can begin and will have to get the work inspected and approved.

article thumbnail

How to prepare a comparative market analysis (CMA) report

Housing Wire

However, it may be helpful to add short descriptions like “renovated” or “XL terrace” to show unique features of the properties you’ve included in a “Notes” section at the end of your CMA report. Providers KeyFeatures Starting Price Learn More Etsy Choose your level of design customization. Professionally designed templates.

Marketing 436