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They enlisted a white friend to pose as the homeowner, removed family photos and artwork, and had the house reappraised. This time, the valuation soared by nearly another half a million dollars.
The cost of an addition varies, but typically ranges from about $22,200 to $81,800, according to HomeAdvisor, with an average cost of $50,305.. 3. Make your home more energy-efficient. Projects ...
Reproduction refers to reproducing an exact replica; replacement cost refers to the cost of building a house or other improvement which has the same utility, but using modern design, workmanship and materials. In practice, appraisers almost always use replacement cost and then deduct a factor for any functional dis-utility associated with the ...
A knowledgeable agent will understand fair market value in your area, how much your house is worth and how much you might reasonably expect to get for it in the current market.
A reverse mortgage is typically paid back either when you sell the home or when the homeowner passes away. They are a relatively common way for older homeowners to supplement their retirement ...
Benefits of a home equity loan. Lower interest rates and potential tax benefits. Because these loans are secured by your home, they typically offer lower rates than unsecured options like personal ...
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