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Going to Extremes

Appraisal Buzz

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. You may be wondering how this all trickles down to the appraisal report. The post Going to Extremes appeared first on Appraisal Buzz.

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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. More recently, Patriot Bank paid $1.9

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Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

Legal fees related to your investment properties or business. Advertising fees. Related: What is Tax Assessed Value, Tax Appraised Value, and Market Assessed Value? Other tax deductions. Watch for opportunities to take deductions for these common real estate investment expenses: Mortgage interest.

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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

These can include: Additional legal fees- Since you will be closing on two mortgages, your fees may increase. Appraisal fees – To repay your incentive, you’ll need to have an appraisal done to work out the fair market price of your home. We’ve curated a pre-appraisal checklist just for you.).

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Selling Your Home Due to a Divorce

Eppraisal

Your real estate agent or an appraiser can help guide you on pricing the home. If you sell your marital home while you are still legally married, the first $500,000 in capital gains are exempt from taxes if you file jointly. The more you can keep your mind open and cooperate, the less money will be spent on legal fees.