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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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ALTA: Protecting property rights with title insurance

Housing Wire

For title insurance, a homebuyer only needs to pay a one-time fee at closing, which is typically issued in the amount of the real estate purchase price. For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage. Diane Tomb, ALTA CEO Contributor.

Insurance 493
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Do I Need a Property Manager to Rent My Single Family Home?

Eppraisal

Depending on home value in the real estate market, this task can be pleasant and quick or, on the other hand, arduous and extended. Leasing can sometimes take an entire month's rent while renewal often hovers around $200 as a fixed fee, assuming a monthly rent of $2,000. If I Hire a Manager, Do I Need to Oversee the Work?

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Selling Your Home Due to a Divorce

Eppraisal

It is wise to think about what the most effective business decision will be in regard to your marital home. Currently, home values are still high, and the real estate market is still good. It is an opportune time to sell your home so you can both enjoy the proceeds from the increase in value.

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How to Avoid Capital Gains Tax on a Home Sale

Will Springer Realtor

By Jeffrey Steele Most homeowners aim for a substantial increase in home value – and many are achieving it when they sell their primary address. But that increase can come with a thorny issue: capital gains tax when they file their tax returns after selling. Several factors can increase or decrease the adjusted basis, says McGuff.

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Tips for Buying and Selling a Home at the Same Time

PennyMac

Check out Pennymac's Home Value Estimator to see recent local home sales and compare the pricing of homes that align with your square footage and number of beds/baths. Ask a real estate agent for their educated opinion on how much you may be able to sell your home for.

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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

If that home’s value increases to $300,000, your payback will be 5% of the current value (or $15,000.). Scenario 2 – You receive a 10% incentive and your home’s value decreases. You receive a 10% incentive of the home’s price of $200,000, or $20,000. Am I A First-Time Homebuyer?

Insurance 143