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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

Department of Housing and Urban Development ( HUD ) , that 200,000 represented close to 20% of all single-family homes supplied to the market in 2019. More Affordable than New Homes Not surprisingly, housing supplied by new homebuilders is higher priced than housing supplied by distressed property renovators.

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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. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. The overall total ranks 15 th in the U.S.,

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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

Some of the tips you’ll find include marketing for available rental spaces, increasing curb appeal, and updating the apartment building and rental space for lease to include modern features and amenities sought by today’s renters. Gain insight on maintaining proper bookkeeping and tax records.

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What Is a USDA Loan and How Do I Apply?

Assurance Financial

Every year, the USDA uses its Rural Development program to invest about $20 billion in helping families across the United States buy and improve their homes. Below we’ve mapped out an overview of the USDA Rural Development Guaranteed Housing Loan Program, explaining how it works and if you’re eligible for loans. Guaranteed Loans.

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Condo Vs. Townhouse: How Are They Different, And Which Is Right For You?

Quicken Loans

Condo owners also tend to spend less on property taxes and insurance because there is less square footage, and owners do not have to pay taxes or insurance on the rest of the building or complex. Although the purchase price and property taxes are usually more expensive for townhouses, the HOA fees are often lower.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

It is because the court typically needs to understand the exact value of your property. PMI, otherwise known as private mortgage insurance, are typically necessary only in conventional loans with down payment lower than 20%. Some states calculate property taxes based on the home’s market value.