Remove HOA Remove Legal Remove Property Taxes
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‘Rules of the Game’ presentation returns to tackle reverse pros’ misconceptions

Housing Wire

These include property taxes , homeowners insurance and — if applicable — homeowners association (HOA) fees. Don’t go out of bounds by giving tax advice, legal advice or investment advice. But we want to stay within our lane, so let the legal folks do legalese.

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How a D.C.-based reverse mortgage assistance program was revived

Housing Wire

Expanded assistance Under the guidelines of the revived program, eligible beneficiaries can receive up to $40,000 in assistance to pay delinquent property taxes , homeowners insurance or HOA/condo fees. We also partner with legal services to complete all settlements. “It’s a necessary program,” she said.

Mortgage 459
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PA judge decides reverse mortgage gets first-priority in foreclosure dispute

Housing Wire

The judge ultimately sided with RMF, finding that its lien held senior priority over the original mortgage, which the judge characterized as a novel legal question. HECM loans require borrowers to continue paying property taxes, homeowners insurance and if applicable HOA fees to keep their loan in good standing.

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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
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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Read on for more information about how a home appraiser determines the value of your property. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Reviewing / appealing property tax assessment. Tax implications for final probate.

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Understanding the Math of Profitable Investment Properties

Eppraisal

Analyzing Operating Expenses To accurately gauge the profitability of an investment property, it's essential to account for all operating expenses. These may include property taxes, insurance, maintenance and repairs, property management fees, and any homeowner association (HOA) dues.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. Any existing easements on the property which legally allow another party to use someone else’s property.