Housing Wire

NOVEMBER 13, 2023

2 End of Course Exam Attempts Online Course With 3 Hours Each of Core Law & Ethics, 8 Hours of Specialty. Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes. 1 Year Course Access.30-Question Course E-Book.

Real Estate 468

Real Estate Real Estate Agent Agents Law 468

Housing Wire

JULY 10, 2024

The goal of a successful listing appointment is to win the listing and walk away with a signed contract in hand. Here’s how you can crush every listing appointment and leave with a signed contract. Try using drone footage for a unique perspective, but make sure to follow all local and federal aviation laws.

Sellers 435

Sellers Real Estate Agents Clients 435

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

Renovations 395

Renovations Investing Real Estate Marketing 395

Empire Appraisal Group

DECEMBER 12, 2024

Property taxes, insurance, maintenance fees going up and then all these special assessments for repairs. The tragic collapse of Surfsides Champlain Towers South condo building in 2021 left 98 people dead and led to sweeping reform of the states condo inspection law. Its pricing a lot of people out of the market.

Real Estate Agent 78

Real Estate Agent Inspection Real Estate Development 78

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

The Robert Weiler Company

APRIL 15, 2022

A more established company might choose a commercial space to lease because the contract offers more security over the long term. Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party).

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

The Robert Weiler Company

SEPTEMBER 19, 2022

Answering this question requires step-by-step unpackaging, starting with definitional awareness, and continuing with tax advantages, regulations, and conservation easement appraisal value. A simple conservation easement definition is a legal contract to protect private land, permanently. Do I Still Pay Property Taxes?

Easement 148

Easement Legal Government Contracts 148

The Robert Weiler Company

JULY 4, 2022

They want to understand what’s involved in the day-to-day operations and learn the best practices, tips, and tools from experienced property managers. And seasoned pros often seek out changes made within the property management industry. They want to learn about the latest technology, laws, and regulations.

Property Management 78

Property Management Tenants Landlords Legal 78

The Robert Weiler Company

SEPTEMBER 9, 2022

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. Current Property Taxes. Historic Property Tax Bills. Local Laws and Bylaws.

Real Estate 78

Real Estate Contracts Buyers Development 78

Lamacchia Realty

JULY 24, 2023

This is a welcomed law for many current and incoming residents, as home prices continue to rise in some regions. Consider housing prices, property taxes, healthcare costs, and everyday expenses like groceries and utilities. Estate planning is crucial to address, including wills, trusts, and healthcare directives.

Transportation 69

Transportation Legal Law Insurance 69

Listing Spark

SEPTEMBER 16, 2024

Residential Sales Contract The Residential Sales Contract is the binding agreement that outlines the terms and conditions of your home sale, serving as the legal foundation for the transaction. The Texas Real Estate Commission (TREC) provides standardized contract forms for residential sales.

Realtors 36

Realtors Legal Property Taxes Sellers 36

San Jose Real Estate

SEPTEMBER 19, 2024

As of August 2024, the responsibility to pay the buyer’s representative is now negotiated between the buyers and their agent, and the buy-side commission has become another who-pays-what term in the purchase contract. Sellers are no longer obligated by the MLS to offer or pay a buyer agent fee. How does this impact home sellers?

Real Estate 36

Real Estate Contracts Open Houses Sellers 36

PennyMac

AUGUST 31, 2024

Mutual Acceptance of the Offer After negotiation, the buyer and seller agree on the final property price. The price is formally documented in the purchase agreement, a legally binding contract that outlines the terms of the transaction. You want any inconsistencies or discrepancies corrected before settlement.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

Quicken Loans

APRIL 12, 2021

Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. In an REO, the bank is the sole owner of the property. Many banks won’t sell directly to home buyers.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

PennyMac

JUNE 28, 2022

This fee will cover the attorney preparing and reviewing agreements and contracts. State laws will usually dictate who is legally responsible for overseeing the closing. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Property Tax.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

PennyMac

JULY 10, 2023

Ensure you have the proper documentation and that you adhere to all of the relevant laws and regulations. Don’t use a property tax assessment since that figure is typically much lower than the current market price. However, don’t act too much in haste to sell and don’t sign contracts with unqualified buyers.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Buyers 36

The Robert Weiler Company

OCTOBER 21, 2022

For instance, you may want to share the commercial appraisal with the seller, your lender, and perhaps your local property tax appeal board. Question 10: What do commercial appraisers look for when determining a property’s value? Question 16: How do I find top commercial real estate appraisers near me?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Will Springer Realtor

FEBRUARY 9, 2022

We covered this topic of “missing middle” housing last month , and state legislators appear serious about enacting laws that will encourage more building of high-density homes in urban, transit-friendly areas of the state. 1 (210) compared to the start of 2022; a robust 330 homes went under contract last month, a 41% bump from December.

Buyers 36

Buyers Inventory Law Development 36

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 The pending law is on the governor’s desk awaiting his signature. Four other residences have traded hands this year and two more are under contract for sale. Property taxes are steep at $60K a year. of shoreline.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

NOVEMBER 12, 2021

And one solution to this worsening issue is an examination of our restrictive zoning laws in urban areas. In a review of 45 years’ data, a 2019 study claims adverse zoning laws wiped out 36% of potential economic growth and negatively affected each worker by more than $8700 in annual wages. Zoning] dictates our economy.

Law 36

Law Inventory Real Estate Government 36

Appraisal Today

SEPTEMBER 9, 2022

After inheriting a smaller portion of land, he built “the Grudge” to devalue his brother’s property. The architect Sandra Rishani told Insider no new structure can be built in its place because of zoning laws. My job was property value equalization, so every property owner paid their “fair share” of property taxes.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Will Springer Realtor

JUNE 11, 2024

The NAR settlement raised concerns over VA buyers who were never allowed to pay compensation; sellers typically agreed to cover the cost, though there are no state or federal laws that compel them to do so. King County single-family owners – of which there are 489.6K – paid $4.57B in property taxes, or an average of $9343 per household.

Construction 36

Construction Real Estate Buyers Sellers 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 370

Appraisal Valuation Inspection Law 370

Appraisal Buzz

DECEMBER 17, 2024

The Consumer Financial Protection Bureau (CFPB) has finalized a rule mandated by Congress that applies existing residential mortgage protections to Property Assessed Clean Energy (PACE) loans. PACE loans are used by homeowners for clean energy upgrades and disaster readiness that are paid back through their property tax bills.

Home Improvement 396

Home Improvement Property Taxes Finance Lending 396

Property Metrics

MARCH 13, 2025

Expense Projections : Operating costs like property taxes, insurance, utilities, maintenance, and management fees are then subtracted to derive Net Operating Income (NOI). For example, property taxes might rise after a sale, or insurance premiums could spike in areas prone to natural disasters.

Real Estate 36

Real Estate Investing Tenants Investors 36