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Property Taxes and the Cost of Home Appreciation in a Hot Market

Will Springer Realtor

Don’t look now but something else is about to cost you more – property taxes. Homeowners in King County – or the lenders paying their mortgage – recently received notices in the mail about the assessed value of their property. This figure will help adjust their property tax next year. That’s quite a gap.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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How to grow housing supply in 2021

Housing Wire

The reasons for that are solid demographics and low mortgage rates , which will not change much in 2021. My housing economic mindset really starts from 1996 as mortgage rates are much lower now than in previous decades. Of course, today is a much different story; our demographics are much better, and mortgage rates are lower.

Inventory 543
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GSEs further expand AVMs, desktop and hybrid appraisals

Housing Wire

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.

Appraisal 293
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Institutional SFR players are stuck in the doldrums

Housing Wire

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Mortgage rates were 18%+. Mortgage applications increased 7.1 By Dallas T.

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Say What? Home-Buying Lingo You Should Know

Zillow

This document spells out all the terms of the loan: the amount, the interest rate, the monthly payment, mortgage insurance, the monthly escrow amount and all closing costs. Closing escrow : The final and official transfer of property from seller to buyer and delivery of appropriate paperwork to each party.