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Why title insurance is essential to the U.S. system of property rights

Housing Wire

We transfer ownership by private contract between parties; no advance government approval is required. By contrast, many European countries have a centralized, government-managed land registration system, which requires government review before property transfers are effective. Among the many benefits of the U.S.

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Consumers Agree to Disagree When It Comes to New Neighborhood Construction

Appraisal Buzz

Consumers were particularly asked about their thoughts on zoning and housing density increases in their actual communities, as well as the kinds of housing supply they are most likely to favor and the anticipated effects on local property prices, rentals, and taxes.

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State and Local Property Tax Revenues Eclipse $700 Billion

Eyes on Housing

billion in taxes were paid by property owners in the four quarters ending Q2 2021.[1] 1] Four-quarter property tax revenues have climbed 13.2% Year-over-year growth of four-quarter property tax revenue has accelerated each of the past four quarters. NAHB analysis of the Census Bureau’s quarterly tax data shows that $703.5

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The Importance of Tax Escrow Payment Processing for Mortgage Servicer Operations

Appraisal Buzz

Mortgage tax escrow payments for local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these payments, timely settlement of local property taxes holds particular significance.

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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

“For ongoing non-mortgage costs in particular, expanding programs that help to reduce utility costs and limit property tax burdens for low-income households are obvious solutions.”. The federal government has no simple mechanism to reduce local property taxes or utility costs.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Real estate agents in particular understand local properties extremely well. They are a property data collection labor force that lives and breathes residential property markets as a general course of business.

Appraisal 370
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Consider These Factors When Choosing a Real Estate Appraiser

East Coast Appraisal

Geographic Knowledge An appraiser with local knowledge will give you accurate work because geography and location affect property values.