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Property taxes have been rising. Here’s what it means for housing

Housing Wire

In many communities, homeowners and homebuyers have been hit with eye-popping property tax increases. And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I

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6 Ways to Make Property Taxes Easier for Homeowners

Appraisal Buzz

Escalating home values have driven up property taxes, leading to homeowner distress, making it more important than ever to help them understand and plan for these increases. These systems can handle common borrower questions related to property taxes, such as payment schedules or tax amounts due.

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Financial planner: Reverse mortgages can help retirees with high property taxes

Housing Wire

A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate for a financial adviser. for 49 years, and my property taxes rise quickly. I have lived in Edmonds, Wash.

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Re-thinking property tax reporting can help meet lenders’ need for speed

Housing Wire

As these companies examine critical operational workflows, the property tax reporting process often stands out as an opportunity for re-engineering. Digitizing Property Tax Reporting. Given there are over 22,000 tax agencies in the U.S.,

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How lenders can improve property tax estimation processes to bolster borrower satisfaction

Housing Wire

Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process. This case study explores how the correspondent lender was able to reduce its property tax estimation time by upwards of 90% per loan by implementing CoreLogic’s Property Tax Estimator (PTE).

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How realtors can leverage micro-market shifts to drive urgency and capitalize on opportunities in a challenging market

Housing Wire

His message to realtors is clear: now is the time to educate clients and take advantage of market inefficiencies to unlock success in Q4. Realtors, just like buyers and sellers, are in a holding pattern, but hesitation can cost your clients—and your business—more than you realize.

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Revolutionized financing: How Zillow empowers home shoppers with innovative tools

Housing Wire

Users can enter a potential home price, down payment, interest rate, loan terms, property taxes, insurance costs, and homeowners association (HOA) fees. With access to the correct information and clarity on the financing process, agents can empower clients confidently, translating into a better experience for all parties.

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