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The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.
Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.
The challenges that higher costs place on carriers, regulators , lenders and consumers has been well documented this year, and the acceleration of extreme weather events has only made things worse. And it raises questions about how more of these events could impact the mortgage industry.
If you have not purchased or refinanced recently, your homesvalue might have changed from where you thought it was just 12 -18 months ago. Knowing the value of your home can be important for many reasons of which, here are a few: Financial Planning The value of your home is a significant component of your overall net worth.
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Condo owners also tend to spend less on propertytaxes and insurance because there is less square footage, and owners do not have to pay taxes or insurance on the rest of the building or complex. Although the purchase price and propertytaxes are usually more expensive for townhouses, the HOA fees are often lower.
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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 homevalue gap among whites, blacks and Latinos it’s not caused by real estate appraisers.
As office vacancies increase, the value of commercial office buildings decreases, and if the properties are reassessed for much less than they were worth a few years ago, the town may see a dramatic decrease in propertytax revenue. 8 spot on CRE’s list.
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