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Classifying Mortgages and HOA Super Liens

Appraisal Buzz

In September 2021, Fendee recorded its lien against Gould for unpaid association assessments, fines, penalties, interest, and legal fees. The post Classifying Mortgages and HOA Super Liens first appeared on The MortgagePoint. The post Classifying Mortgages and HOA Super Liens appeared first on Appraisal Buzz.

HOA 221
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Going to Extremes

Appraisal Buzz

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

HOA 370
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Title insurers reckon with attorney opinion letters

Housing Wire

When they talk about reducing closing costs for underserved communities, these people need title insurance more than anybody else because while $10,000 in legal fees may be doable for someone who owns a $4 million house, it is a struggle for someone who owns a $140,000 house.”.

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Tips for Buying and Selling a Home at the Same Time

PennyMac

Cons: Potential for Dual Mortgages: If your current home doesn’t sell quickly, you might end up juggling two mortgages, along with other costs like utilities, taxes, homeowners association (HOA) fees and insurance. Unexpected Expenses: Budget for possible repairs, inspections or legal fees that might arise during either transaction.