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 [...]
We recently received an estimate on an outdoor living area which totaled 15% of our homes value. Included concrete work, pergola, and outdoor kitchen (inexpensive grill I might add). This seems a little high to me. Also, what type of return do you typically see on outdoor living areas…We don’t plan on moving [...]
I am wondering if there is any sort of general formula for basing how much the monthly rental amount should be for a home, based on the home’s overall estimated value. In otherwords, aside from the fact that certainly a landlord can charge whatever they wish for rent, is there any sort [...]
Im in the middle of an appraisal and I need to rise the price of my home about 10,000 dollars in order for them to drop the PMI and the extra fees that come along with not owning 20% of the property. I already finished off a 12 by 12 room above the garage and [...]
Hi there, my Husband and I are anxiously awaiting the results of our bank’s home appraisal for our new home. Everything else is ready to go, we’re just waiting on the appraisal so we can get papers ready to sign and move into our house. The mortgage company told us they put the [...]