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CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

Housing Wire

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

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Need a Property Tax Appeal?

D Fritz Appraisals

What to do When Your Property Tax Assessment Seems Too High. In early January each year, every home in British Columbia receives its property tax assessment notice through the mail from BC Assessment. Some property owners may be surprised and possibly even concerned with their home property assessment amount.

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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes. With the exception of the Basic package, all prelicensing packages also include the Florida Exam Prep Master & Exam Math Cram courses.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity.

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Condo Vs. Townhouse: How Are They Different, And Which Is Right For You?

Quicken Loans

There’s no clear advantage of one option over the other, which is why you should get to know the ins and outs of condominiums and townhouses before you settle on your perfect home. Townhouses and condos both refer to a type of ownership, meaning you won’t have to pay rent to a landlord.

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