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Are Home Buyers Regretting Their Purchase?

Cleveland Appraisal Blog

A home may not pass the smell test in person. WAIVING HOME INSPECTIONS. Recently, I was visiting with a home inspector. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. PROPERTY TAXES.

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How to Appeal Your Property Taxes in King County

Will Springer Realtor

The state requires that county assessors inspect every property at least every six years to maintain accurate information about the parcel and structures. Local governments are limited to a 1% annual increase in property tax revenue regardless of changes in property values – but there is a catch.

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Institutional SFR players are stuck in the doldrums

Housing Wire

“Invitation Homes is currently the largest owner of single-family, rental homes in the United States, with most of its homes located in California, Florida, Georgia, Texas and other Sun Belt states,” the federal lawsuit states. “In Post release, the remaining 8,489 properties will collateralize the same debt of $2.06

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The Pros and Cons of Buying a New Home vs. a Resale Home

Eppraisal

Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. These are the very drivers of their appeal -- no aging, no wear and tear that often diminish home values. Why are existing homes preferable?

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Say What? Home-Buying Lingo You Should Know

Zillow

Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

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What’s Included in Closing Costs?

PennyMac

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Lead-Based Paint Inspection. Pest Inspection.

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Understanding The Reverse Mortgage Appraisal Process

AmeriMac

Moreover, the reverse mortgage appraisal report, reflecting the current home value, significantly aids in the loan application process. The homeowner’s current location also impacts eligibility, as the estimated home value for the reverse mortgage is calculated based on the location.