Housing Wire
APRIL 25, 2022
The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices. In Spokane, the average property tax bill has risen from about $2,500 in 2019 to about $3,000 in 2021, tax assessment data shows. Pick your battles.
Housing Wire
MAY 8, 2023
That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I
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PennyMac
APRIL 18, 2022
Mortgage interest and property taxes may be tax deductible. Property taxes and HOA fees are the buyer’s responsibility. You Pay Property Taxes. Based on the assessed value of your home, property taxes are used to pay for roads, schools, emergency services, etc. in your area.
Housing Wire
APRIL 27, 2023
Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.
Housing Wire
OCTOBER 17, 2023
Fix-and-flip investors — who tend to be smaller entrepreneurial players — acquire, renovate and then sell existing single-family homes — and, in some cases, hold them for rent for a time, depending on market conditions. It remained way below the 44.6% level from the second quarter of 2022 and far beneath a recent peak of 60.8%
Chicagoland Appraisal Blog
APRIL 3, 2020
Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. When the market is soft, buyers want the properties that are finished and ready to go.”. Sebring is seeing a surge in industrial-style sinks and vanities in Chicago bathroom renovations.
The Robert Weiler Company
SEPTEMBER 7, 2022
However, compared to 2019, Ohio remained steady at #10 overall and improved from #8 to #2 in the cost of doing business. Any improvements you wish to make, including renovations, are expected to yield a positive return on investment. Tax Deduction (homeowners can deduct property taxes and mortgage interest).
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