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State and Local Property Tax Revenues Eclipse $700 Billion

Eyes on Housing

NAHB analysis of the Census Bureau’s quarterly tax data shows that $703.5 billion in taxes were paid by property owners in the four quarters ending Q2 2021.[1] 1] Four-quarter property tax revenues have climbed 13.2% since decreasing 0.2% in Q2 2020 (the first decrease since 2012). Read More ›

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The Importance of Tax Escrow Payment Processing for Mortgage Servicer Operations

Appraisal Buzz

Mortgage tax escrow payments for local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these payments, timely settlement of local property taxes holds particular significance.

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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

“For ongoing non-mortgage costs in particular, expanding programs that help to reduce utility costs and limit property tax burdens for low-income households are obvious solutions.”. The federal government has no simple mechanism to reduce local property taxes or utility costs.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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The Benefits of Working with a Local Florida Real Estate Expert

Lamacchia Realty

THE BENEFITS OF WORKING WITH A LOCAL FLORIDA REAL ESTATE EXPERT Navigating the complex world of buying or selling property can be challenging, particularly for those unfamiliar with the intricacies of the Florida real estate marke t. Their knowledge of area-specific regulations and procedures is invaluable.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

Tax appeal. Typically, this would be for local property tax appeals. McKissock’s Unlimited Learning Membership is your one-stop, money-saving solution for all CE plus professional development. Learn more.

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4 Effective Steps to Find Commercial Rental Properties for Sale

The Robert Weiler Company

Once you focus on these criteria, you will have a better understanding of where you want to begin your commercial property search. Property taxes in the area. Local amenities. Average prices of comparable commercial rental properties available in the area. Quality of the neighborhood. Quality of the schools.