window. we were thinking about replacing it with a stained glass window. it is small as in maybe 24 inches by 30 inches. would making an improvement like this be worth it as far as home value is concerned? this window is visible when standing in parts of the living room. my general guess is [...]
I live in CA. I am refinancing and have had the home appraised. The appraiser used two “distressed proeprty” sales, IE short sales, in coming up with the value for the appraisal. As a result the loan to value ratio is not at 80%, and the interest rate is subsequently higher. It has always [...]
We are considering installing a pro-snap metal roof on our home (a 1924 bungalow, 900 square foot), and I’m just wondering if it will decrease the resale value of our home? Thanks! God bless!
When looking at property records, it seems that most houses have a much lower assessed value than what the home actually appraised and sold for. Why is this?
For instance: A home is appraised for $100,000, yet the county’s assessment of the property is only $69,000.
Bought my home in 2007 with 20 % down. Never wanted to have to pay PMI. With current home values I may only have 10% equity now. Can the lender require PMI under these circumstances?
We live in a 3-bedroom, 1 bath home. The garage was converted to create the 3rd bedroom. There is currently a concrete driveway graded to an incline, but it has an odd bump in it that makes parking on it nearly impossible for most cars.
If we had the driveway repaved to a flat surface, would [...]
I am looking into getting an appraisal and would like to what what to consentrate on before the apprasier gets to my house.
The annual notice I received from my county (which affects my property taxes) has my home “valued at” $161,800. I know for a fact that it would not sell for anywhere near that (might be able to sell it for closer to $140,000 if all necessary repairs were done…repairs would cost around $5K). I feel [...]
I recently bought a townhouse as-is and it appraised for $110. When I’m done painting and replacing all the flooring, the entry way tile and fireplace tile and some of the light fixtures, do you think the appraisal value will increase?
i know that whenever someone in the neighborhood got their house forclose on them…. it would make the neighborhood houses value to go down…. but how would that affect me if i already bought the house and are not planning on selling it?
can somoene explain to me about home value and why is it important?