Around here, remodeled and beautiful still sells.

They have been trained to appeal to the emotional side of retail buyers, so they show off the home's remodeled kitchen, the new bathroom, the master bedroom's french doors leading to a redwood deck with the jacuzzi, etc.

Appraisers, Inspectors, rehabbers, remodelers, and home builders all have national associations, even multiple associations.Gotta get Flippers in there, too.

I paid(still owe) 200k(+ hefty HOA) for this condo 3 years ago, because it was remodeled and LOOKED NICE.

The buyer would have 47k-50k into a newly remodeled rental property that cashflowing and 15-20k under it ARV.

For example: - Make sure the house is priced less than any other rehabbed or even partially remodeled house in the neighborhood.

- Is the ARV the exact same thing as the market or retail value of the home, and how much will the quality of repairs/upgrades (no serious remodeling of the home, just keeping it simple) dictate the ARV?

It appears that property owners are subject to these rules only if you are renting the space to child-care facilities.After April 22, 2010, property owners who perform these projects in pre-1978 rental housing or space rented by child-care facilities must be certified and follow the lead-safe work practices required by EPA's Renovation, Repair and Remodeling rule.

I am a new bird dog that got an inquiry from a mobile home seller in South Lyhon, Michigan.It is a 16x78 3br 2bath 1994 dutch in storage.Has hitch and axles needs tires for transportIt had a tree branch fall on the rear over the bathroom and damaged a 6-8 foot section has plywood on it and screwed on with plasticthe bathroom needs to be remodeled due to water damage in rear needs minor drywall and little repairs.Has a.c. coil in furnace and belongs to the owner.

If you sell the house for more than 20% above what you paid for it (regardless of whether you're flipping it with no renovations or whether you did a full remodel), you will fall under heavier scrutiny by the underwriter.I imagine this will generally consist of a second appraisal (as current FHA sales above 200% of the previous purchase price between 90-180 do), and may also require some documentation of the renovations/costs performed.