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Opinion: More financing options for ADUs are needed

Housing Wire

For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments. Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing.

Finance 456
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8 Reasons the Barndominium Is Gaining Popularity in North Texas – by Don Howe

DW Slater Company

Designed to combine work and living spaces, these large buildings have become a popular choice for those in rural regions. Price is a major factor for any type of new home construction and barndominiums tend to provide the best value. Barndominiums often feature post frame or steel frame construction. Affordability. Protection.

Design 133
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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Reviewing / appealing property tax assessment. Property division in separation / divorce. To determine capital gains on second or rental properties.

Appraisal 105
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26 Reasons to Get an Appraisal

Realvals

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
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Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

Constructing an ADU could increase your property value while providing rental income or extra living space for a family member. And if that’s the case, a properly permitted and thoughtfully designed ADU could be worth the investment. “If Then again, adding an ADU could be an expensive hassle you live to regret.

Law 78
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The Pros and Cons of Buying a New Home vs. a Resale Home

Eppraisal

That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants.

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Does Refinancing Affect Your Taxes?

Assurance Financial

Does Refinancing Affect Property Taxes? are subject to property taxes. How much you’ll pay in property taxes is determined by your taxing jurisdiction at the city or county level. These taxes are typically used to fund public safety, roadwork and school systems. Homeowners in the U.S.