Housing Wire

JANUARY 8, 2024

RMD reviewed a complaint that names Celink and RMF as defendants in other ongoing litigation, including a case alleging “systemic violations by Celink and RMF of borrower protections provided by standard HECM loan agreements, federal laws, and New York State laws.”

Property Taxes 454

Property Taxes Law Legal Mortgage 454

Housing Wire

FEBRUARY 3, 2025

A reverse mortgage loan has first-priority status in a Pennsylvania foreclosure dispute, after initially being rejected by the trial court according to court documents reviewed by HousingWire s Reverse Mortgage Daily (RMD), and an analysis by attorneys at law firm Wilentz, Goldman & Spitzer, P.A. with a traditional mortgage.

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Mortgage HOA Law Property Taxes 283

Housing Wire

MAY 21, 2024

While these online tools aren’t a definitive statement of a home’s value, they can be a great starting point, especially when combined with other data like a home’s list price, square footage, number of bedrooms and baths, property tax history, and any price reductions.

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Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

OCTOBER 27, 2023

You’re asking them to try to take the place of real estate agents who guide consumers through all the legal, financial and community complexities of buying a home even as 89% of homebuyers would use their agent again or recommend their agent to others. Real estate agents know city and county property taxes.

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Real Estate Agent Real Estate Realtors Buyers 488

Appraisal Buzz

AUGUST 13, 2024

Per the report, the transactions frequently lack regulation, and other sellers and investment groups may lay a number of traps that force homebuyers to live in unusable or inhabitable properties, pay for costly repairs and tax liens, and run the risk of losing both their down money and their residences.

Contracts 367

Contracts Investors Sellers Lending 367

Cleveland Appraisal Blog

JUNE 23, 2023

Photo by Antonio Quagliata on Pexels.com Additionally, consider the zoning laws and land-use regulations in the area and what category it might fall into based on its specific location. Land ownership comes with legal obligations which can change quite a lot depending on where you are buying land. What is it for?

Property Taxes 196

Property Taxes Legal Law Property Appraisal 196

Miller Samuel

MARCH 19, 2019

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. The market value of these properties will be based on a "comparable sale-based valuation method." click to expand].

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Real Estate Law Development Investors 370

Housing Wire

MARCH 26, 2024

While the person sits back and watches the value of their house climb to levels that have never been seen before, they are still struggling to get back to their pre-pandemic income level while also having to pay more for homeowner’s insurance and property taxes, not to mention the fact that all of their other bills have increased as well.

Real Estate 459

Real Estate Law Property Taxes Marketing 459

The Robert Weiler Company

JULY 28, 2021

Regular property tax contests are valued as of January 1 of the tax year in question. For instance, those contesting their property taxes for the tax year 2020 will be contesting their property’s value as it existed on January 1, 2020. Getting Started With The Ohio Property Tax Contest Process.

Property Taxes 148

Property Taxes Legal Real Estate Appraisal 148

Housing Wire

FEBRUARY 8, 2022

Federal laws aren’t the only ones servicers have to contend with. The National Consumer Law Center (NCLC) identified executive declarations and court orders in 34 states as of April 2021. So, I don’t expect to see a lot of activity in courts or in the legal system to accelerate the foreclosure process.”.

Law 370

Law Mortgage Legal Finance 370

Empire Appraisal Group

DECEMBER 28, 2022

Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? If you can legally add an accessory dwelling unit (ADU), should you? NEW YORK – Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others.

Law 78

Law Legal Construction Property Taxes 78

Housing Wire

APRIL 27, 2023

Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.

Renovations 390

Renovations Investing Real Estate Marketing 390

Realvals

JUNE 18, 2023

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

JULY 4, 2022

They want to understand what’s involved in the day-to-day operations and learn the best practices, tips, and tools from experienced property managers. And seasoned pros often seek out changes made within the property management industry. They want to learn about the latest technology, laws, and regulations.

Property Management 78

Property Management Tenants Landlords Legal 78

The Robert Weiler Company

APRIL 15, 2022

A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. monthly, quarterly) for using the property. Taxes and Assessments. Compliance with Laws. And the landlord pays for all operating expenses, such as maintenance, property taxes, and insurance.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

The Robert Weiler Company

JANUARY 2, 2021

While the buyer takes possession of the property, as with mortgages, the seller retains the deed and legal title to the property as security and collateral until the installment payments are completed. Tax advantages. Buyers can claim property taxes, the value of improvement projects (i.e., No legal title.

Contracts 143

Contracts Tenants Legal Sellers 143

The Robert Weiler Company

SEPTEMBER 19, 2022

Answering this question requires step-by-step unpackaging, starting with definitional awareness, and continuing with tax advantages, regulations, and conservation easement appraisal value. A simple conservation easement definition is a legal contract to protect private land, permanently. Legally Binding. Land Trusts.

Easement 148

Easement Legal Government Contracts 148

The Robert Weiler Company

DECEMBER 15, 2022

Since a lease agreement is legally binding, you should have a commercial real estate lawyer review the document first. An attorney specializing in commercial real estate law can help you understand the terms, make sure your interests and rights are protected. Educate yourself on the leasing laws in Ohio. Absolute NNN Lease.

Real Estate 78

Real Estate Tenants Landlords Property Taxes 78

Raleigh Realty

AUGUST 17, 2021

It's important to note that real estate contracts and laws change depending on what state you are in. 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.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Lamacchia Realty

JULY 24, 2023

This is a welcomed law for many current and incoming residents, as home prices continue to rise in some regions. Consider housing prices, property taxes, healthcare costs, and everyday expenses like groceries and utilities. What Are Some Legal Considerations When Retiring To Florida?

Transportation 69

Transportation Legal Law Insurance 69

AmeriMac

OCTOBER 28, 2024

.” This means the appraiser needs to pay close attention to the property’s condition and possible repair costs. The property may also have legal issues, like title problems or unpaid liens, which can affect its value. These problems can complicate the property’s title, causing headaches for lenders and buyers.

Property Appraisal 36

Property Appraisal Appraisal Legal Valuation 36

Lamacchia Realty

NOVEMBER 21, 2023

The expertise of professionals specializing in local properties becomes invaluable in such a landscape. A local real estate expert can offer knowledge tailored to your area, understanding unique market trends, laws, and community dynamics. Their knowledge of area-specific regulations and procedures is invaluable.

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Real Estate Valuation Real Estate Agent Local Properties 73

Listing Spark

SEPTEMBER 16, 2024

We’ll cover everything from preparing your home for sale to navigating the complexities of the Texas real estate market, ensuring you have the knowledge to conduct a smooth, legal, and profitable transaction. Understanding and properly preparing these documents is crucial for a smooth, legal transaction.

Realtors 36

Realtors Legal Property Taxes Sellers 36

Eppraisal

MAY 3, 2024

Evaluate your budget, including the down payment, ongoing mortgage payments, property taxes, and maintenance costs. Legal and Tax Considerations Navigating legal and tax implications is paramount when buying a retirement home. Factor in potential changes in income and expenses during retirement.

Legal 36

Legal Property Taxes Local Properties Finance 36

Lamacchia Realty

MAY 6, 2024

Also, property taxes can spike as municipalities capitalize on the booming local economy. Legal Know-how for Rentals : Ensure you’re current with local regulations if you rent your property. Short-term rental laws can be strict, and staying compliant avoids hefty fines.

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Logistics Realty Transportation Property Taxes 70

PennyMac

JUNE 2, 2022

Property taxes. Ernie Rafailides, a licensed Maryland lawyer and real estate broker with Bayview Management , has been in property management over 30 years. Don’t buy a property now to sell it within a year. Taxes and Real Estate Investment. For example, typical annual costs include things like: Insurance.

Real Estate 69

Real Estate Investing Tenants Property Management 69

Lamacchia Realty

DECEMBER 21, 2021

You can get the additional $25,000 exemption if the assessed value of your property is between $50,000 and $75,000. However, the latter does not apply to the school district taxes. Moreover, any future annual property tax increases will be taxed to 3% or even less. 2022 Homestead Exemption.

Property Appraisal 58

Property Appraisal Property Taxes Real Estate Agent Real Estate 58

Quicken Loans

APRIL 12, 2021

Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. Home in foreclosure : a property going through the foreclosure process. Stage 3: Pre-Foreclosure.

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Inspection Property Taxes Mortgage Investors 54

PennyMac

AUGUST 31, 2024

During closing, you’ll need to carefully review, approve and sign numerous legal documents that officially transfer ownership of the property to you. Mutual Acceptance of the Offer After negotiation, the buyer and seller agree on the final property price. Here are some of the steps completed prior to closing.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

PennyMac

JUNE 28, 2022

State laws will usually dictate who is legally responsible for overseeing the closing. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. The owner’s title insurance is optional but highly recommended by most legal experts. Courier Fee.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

PennyMac

AUGUST 30, 2024

Notification and Communication: Legal Requirements and Timing All lenders are required to disclose whether your loan will be sold, as well as the percentage of loans that they typically sell.

Insurance 36

Insurance Law Mortgage Government 36

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser must consider everything that could affect a property’s value; some factors include property conditions, neighborhood, economy, market conditions, legal factors, and even the political climate. Question 10: What do commercial appraisers look for when determining a property’s value?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Assurance Financial

NOVEMBER 9, 2021

From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time. However, tiny homes on a foundation may come with additional costs due to the size of the lot they reside on and other property taxes.

Mortgage 36

Mortgage Finance Transportation Insurance 36

Appraisal Today

SEPTEMBER 9, 2022

The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). After inheriting a smaller portion of land, he built “the Grudge” to devalue his brother’s property.

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Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

JUNE 14, 2022

Fannie Mae and Freddie Mac’s equitable housing finance plans further expand non-traditional property appraisals, which sometimes rely on property tax information, data collected by third parties, or algorithms to assess a property’s value. Both GSEs argue that these approaches advance equity. My data, my research.

Appraisal 369

Appraisal Valuation Inspection Law 369

Housing Wire

NOVEMBER 11, 2024

In 2024 alone, Colorado, Arizona, Massachusetts, and Hawaii passed major ADU legislation, and California added several laws to open the doors wider for ADU s. State officials expect 8,000 to 10,000 ADUs to be built in the next five years thanks to the law. But first, the good news.

Law 448

Law Development Transportation Property Taxes 448

Appraisal Buzz

DECEMBER 17, 2024

The Consumer Financial Protection Bureau (CFPB) has finalized a rule mandated by Congress that applies existing residential mortgage protections to Property Assessed Clean Energy (PACE) loans. PACE loans are used by homeowners for clean energy upgrades and disaster readiness that are paid back through their property tax bills.

Home Improvement 396

Home Improvement Property Taxes Finance Lending 396