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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

The California Association of Black Real Estate Professionals (CABREP) hosted a webinar on Tuesday with key officials from CAR. Kalin led a segment on best practices for legal matters that agents may face when assisting Altadena residents. California is also prohibiting unsolicited offers below market value.

Realtors 352
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On Staying Current

Appraisal Buzz

In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property.

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Selling your home to a family member in 5 easy steps

Housing Wire

Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction. The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties.

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9 tips for homebuyers in non-disclosure states

Housing Wire

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

In the original 2014 proposal by the Fiscal Policy Institute, the first item in the proposal is off to a bad start as they describe what happened in the market: These owners bid up the price of NYC residential real estate, and since they don’t spend much time in these units, contribute little to the local economy compared to full-time residents.

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Highest and Best Use: A Superpower You Already Possess

Appraisal Buzz

Lets revisit the basics: In an H&BU analysis, real estate appraisers determine the most probable use of a property by applying four tests: whether the use is legally permissible , physically possible , financially feasible , and maximally productive. The result of this test is the most probable use of the real estate.

Legal 243
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Auction.com: Demand for distressed housing returning

Housing Wire

The report notes that widespread foreclosure moratoria in place do not apply to legally vacant or abandoned homes. Blomquist confirmed that “strong demand” for distressed properties is tied largely to the strength in the retail housing market, which in turn is tied largely to low mortgage rates. . “The year high in September.

Buyers 533