Remove Design Remove Legal Remove Property Taxes
article thumbnail

Experts weigh in on whether seniors should get new mortgages: Bankrate

Housing Wire

Seniors, even those of advanced age, are legally required to face the same qualification requirements as any other mortgage applicants. “I Even if one owns a property with no further mortgage payments due, property taxes and upkeep will be a consideration,” Bankrate senior economic analyst Mark Hamrick said. “As

article thumbnail

Celink files objection seeking dismissal of fees lawsuit

Housing Wire

Live Well Financial , which alleges that companies including Celink improperly paid property taxes before they became due without legal justification or notice. As Magistrate Judge Shields held, Shakespeare has no factual or legal relation to this matter,” Celink attorneys said in the filing.

Legal 456
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

However, other email tools not specific to real estate agents (like Mailchimp and Flodesk) offer built-in templates that make delivering beautifully designed email newsletters a cinch. Create a responsive newsletter design One of the best ways to make things easy on yourself is to use real estate newsletter templates.

article thumbnail

Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

In June of 2019, MAM was designated as a “stalking horse bidder” in an effort to acquire RMS from then-parent Ditech Holding Corporation, which at that time had sought to sell off both its forward and reverse mortgage portfolios simultaneously to MAM for RMS, and New Residential for its forward portfolio.

Mortgage 418
article thumbnail

When borrowers ‘ghost’ their servicers

Housing Wire

That is exactly what millions of forbearance plans and a federal moratorium were designed to avoid during the pandemic. I usually figure a cost between 4% to 5% of the loan balance per year to property taxes, insurance, legal, servicer, inspections, in the judicial states, and between 2% and 3% in administrative states.”

Law 370
article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

I am not a tax advisor, and anything I say here should not be relied on, and you should seek appropriate counsel. I am merely interpreting what I think are the critical issues established this proposed tax. And it is a marginal rate tax - only the amount above each threshold is taxed. Seriously.

article thumbnail

26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes.

Appraisal 145