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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Meanwhile, homeowners association (HOA) fees multiplied for many condo buildings in the aftermath of the 2021 Surfside condo collapse.

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PunchList USA names chief product and data officer 

Housing Wire

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

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Asbestos Home Inspections: When to Get One and What to Expect

HomeLight

Should you get an asbestos home inspection to find out more? Developing asbestosis , a chronic lung disease caused by inhaling asbestos, is another risk of serious concern. There have also been standards established for inspecting and removing asbestos in schools. When should you get an asbestos inspection?

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Property condition information that’s cloud-based – “Word cloud” based

Housing Wire

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. . Many factors contribute to the process of determining the value of a residential property.

MLS 380
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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?

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

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. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection.

Brokerage 406
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Exclusive: ‘Flipping Showdown’ Stars Reveal Their Worst Renovation Mistakes—and Why You Might Do Them Too

Realtor.com

17), the Corsinis mentor three teams of flippers who each renovate a fixer-upper. Curious about what it’s like to teach new flippers the ropes, we talked to Anita and Ken about their new show, how much has changed with renovation these days, plus one huge mistake they made early on that taught them an important lesson.