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Rapid Resurrection Realty

3.00(
1
)

Rapid Resurrection Realty

3.00(
1
)
13 years of experience

We are in the business of building and restoring, or "Resurrecting" homes and businesses! With over 35 years of combined new building/remodeling experience, the owners can make your house a home, or make your place of business feel more welcoming. We would appreciate an opportunity to work with you and count you among our business friends and family!

We are in the business of building and restoring, or "Resurrecting" homes and businesses! With over 35 years of combined new building/remodeling experience, the owners can make your house a home, or make your place of business feel more welcoming. We would appreciate an opportunity to work with you and count you among our business friends and family!


Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

The Shallowater, TX homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.