Remove Development Remove HOA Remove Property Taxes
article thumbnail

Mutual of Omaha hires Tracy Milligan for proprietary product rollout

Housing Wire

Milligan will focus on the wider deployment and development of SecureEquity , the proprietary reverse mortgage product announced by the company on Tuesday. The borrower must remain in the home as their primary residence and continue paying property taxes, homeowners insurance, HOA fees and maintenance costs to keep the loan in good standing.

HOA 339
article thumbnail

PA judge decides reverse mortgage gets first-priority in foreclosure dispute

Housing Wire

Department of Housing and Urban Development (HUD)], and Reverse Mortgaging Service Department, the mortgage servicer. In May 2022, the property was sold at a foreclosure auction and at the time of sale, the sheriff did not indicate to prospective purchasers that the property was being sold subject to any mortgage, the order reads.

Mortgage 329
Insiders

Sign Up for our Newsletter

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

article thumbnail

The ultimate open house checklist for new & experienced agents

Housing Wire

Here are a few key questions to ask them: Are directional open house signs allowed by the HOA? Use the information you gathered about the home to develop a hook for your open house marketing. The goal of your open house might not be to sell the listing, but its crucial to know as much as possible about the home.

article thumbnail

The Burden of Proof

Appraisal Buzz

Utility Activations, Disconnects & Account Maintenance: Bron handles utility activations/deactivations, coordinates with property preservation vendors, maintains accounts and payments, verifies utility balances, and ensures no late fees will be assessed. There’s nothing that’s going to get us out of calling utility companies or HOAs.

HOA 221
article thumbnail

How to compete and win with your listing presentation (+ scripts)

Housing Wire

Developing and communicating this pitch is essential to your listing presentation. While you may feel challenged to develop your value proposition, it may be easier than you think! Prepare your pitch It’s important to have your “elevator pitch” ready.

Sellers 435
article thumbnail

What is an HOA and is your HOA fee tax deductible?

Movoto

Owning a home comes with some great tax breaks. But is your HOA fee tax deductible? Learn more about HOAs and when you can get a tax break on your HOA fees. You know the old saying: Nothing is certain but death and taxes. So, what is an HOA, and when can you deduct your HOA fees from your taxes ?

HOA 36
article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

Reviewing / appealing property tax assessment. Property division in separation / divorce. To determine capital gains on second or rental properties. Tax implications for final probate. Future potential for development of the home. Renovation loan assessments. Mortgage financing and refinancing.

Appraisal 110