Events Modernization Property Taxes 
Housing Wire
DECEMBER 6, 2024
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Housing Wire
JUNE 4, 2024
Advocates say this method more accurately uses modern insurance technologies and standards and makes equitable outcomes more possible. A condition of a reverse mortgage includes that a borrower stay up to date on the maintenance of their primary residence, as well as on property taxes and insurance.
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Housing Wire
OCTOBER 21, 2024
Yet ‘renting by choice’ is also on the rise as it offers flexibility, less financial commitment, and freedom from the burdens of property taxes, maintenance, and insurance. In 2024, about 34 percent of households were renting in the U.S.
Appraisal Buzz
JULY 17, 2024
Meanwhile, several looming threats could potentially pull out the cushion completely, including rising “hidden” homeownership costs of insurance and property taxes in many markets, rising delinquency rates for consumer debt such as credit cards and auto loans, and falling values and rising defaults in segments of the commercial real estate market.
Lamacchia Realty
OCTOBER 11, 2023
This budget should account for all potential costs, including down payments, closing costs, property taxes, and homeowner’s insurance. Florida offers some financial perks to homeowners, such as the homestead exemption, which can provide significant property tax relief. But it’s not all about expenses.
Quicken Loans
APRIL 6, 2021
Condo owners also tend to spend less on property taxes 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 property taxes are usually more expensive for townhouses, the HOA fees are often lower.
Eppraisal
MARCH 28, 2023
Construction delays and other unforeseen events can postpone a real estate closing. Property taxes can be higher because new infrastructure demands capital investment. Without the more modern technology that conserves electricity and employs efficiency, utility bills can soar during the extreme weather months.
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