Zillow

JULY 15, 2019

Comps : Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value. Condo insurance : Homeowners insurance that covers personal property and the interior of a condo unit should damage occur. The fee, 0.3%

Real Estate Agent 56

Real Estate Agent Inspection Insurance Sellers 56

Eppraisal

APRIL 25, 2023

Meanwhile, property taxes are the lender's responsibility. Do REO requirements, home value thresholds or any other criteria for sale and purchase change when a bank collapses? A successor bank is obliged to honor the contracts the failed bank entered into. What Happens to REOs when a Bank Fails?

Housing Market 36

Housing Market Real Estate Property Taxes Home Value 36

Eppraisal

MARCH 28, 2023

Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. These are the very drivers of their appeal -- no aging, no wear and tear that often diminish home values. Yet there is a flip side to these benefits.

Construction 36

Construction Inspection Property Taxes Home Value 36

Raleigh Realty

MAY 3, 2021

Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments. The difference between the home's value and what is left in your mortgage is the equity. In other words, if your home is worth $100,000 and you have $60,000 remaining in your mortgage, you have $40,000 worth of equity.

Real Estate Agent 78

Real Estate Agent Real Estate Inspection Insurance 78

PennyMac

JUNE 28, 2022

In some states, you need an attorney to close on your home. This fee will cover the attorney preparing and reviewing agreements and contracts. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Property Tax. Closing Fee.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

PennyMac

AUGUST 14, 2024

Plan for Additional Expenses: Budget for closing costs, moving expenses and any immediate home improvements. You’ll also need to factor in ongoing costs like property taxes, homeowners insurance, applicable HOA fees and maintenance. Get Informed: Research recent sales in your area and comparable properties.

Real Estate Agent 47

Real Estate Agent HOA Finance Inspection 47

PennyMac

JANUARY 3, 2024

Selling Before Buying Pros and Cons Most people choose to sell before buying, which offers the following benefits: You can access the equity and any profits from your current home to buy your next home, without having to include a contingency clause. If your home fails to sell, your new home closing may be affected.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

Appraisal Today

FEBRUARY 24, 2023

When I first started appraising for an assessor, several times I was met at the door by the White owner with a shotgun telling me that I was never getting on his property or in his home. While there is an income, wealth and home value gap among whites, blacks and Latinos it’s not caused by real estate appraisers.

Appraisal 52

Appraisal Architecture Valuation Business 52

Will Springer Realtor

NOVEMBER 12, 2021

As home values rise, low-income households already on the margins of affordability are being priced out of homeownership in urban areas such as Seattle, where median prices have jumped 37% (and 52% countywide) over the past five years. Update: The home is now under contract, less than two weeks after hitting the market.

Law 36

Law Inventory Real Estate Government 36

Housing Wire

JUNE 14, 2022

Fannie Mae and Freddie Mac’s equitable housing finance plans further expand non-traditional property appraisals, which sometimes rely on property tax information, data collected by third parties, or algorithms to assess a property’s value. Both GSEs argue that these approaches advance equity.

Appraisal 364

Appraisal Valuation Inspection Law 364

Housing Wire

FEBRUARY 19, 2025

Under contract: Let your clients know what to expect after they go under contract on a home. Closing: Briefly review what to expect on closing day, including a final walkthrough, signing documents, and collecting the keys to their new home. Negotiations: Prepare your clients for the possibility of counteroffers.

Inspection 226

Inspection Clients Buyers Real Estate 226