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Going to Extremes

Appraisal Buzz

And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring.

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Property Taxes: Increases, Payments, and Where They’re Surging Most

Appraisal Buzz

“The cost of owning a home has gone from affordable to unaffordable for a lot of local Florida residents and out-of-towners. Home prices that are much higher than in pre-pandemic times and the disaster-driven surge in HOA and insurance costs are now pricing homebuyers out of the market.” Atlanta $2,811 106.8% $239 65.8%

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Mosaik CEO Sheila Reddy on tackling fragmented technology

Housing Wire

And the property itself did not come up on my agents’ MLS search for me because the monthly HOA fee was a few dollars more per month than what he had set as the max on the search. Because if someone looks at their home value every month, it may not necessarily mean a whole lot that they looked at it again this month.

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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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Unexpected HOA Rules New Homeowners Should Know

Eppraisal

Homeowners associations (HOAs) come with pros and cons. HOAs can retain the value of a home because the surrounding neighborhood must meet certain standards. HOAs can retain the value of a home because the surrounding neighborhood must meet certain standards.

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Listing Checklist for Home Sellers

Listing Spark

Some of the expenses you can expect as a seller in Texas are: Commissions Title Insurance Policy HOA Fees: Its a good idea to call your HOA to find out what expenses are incurred by the seller in your neighborhood Home Warranty Survey (if you dont have your existing one) Misc. Or better yet, hire a handyman to do it right.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc. This will help ensure a fair market value.

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