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Best Technology for Real Estate Agents

McKissock

Download the app for free at Google Play or iTunes. Easily run quick estimates and closing costs for buyers and sellers using your smartphone. The app comes preloaded with local county-specific title rates, closing costs, lender fees, and city specific property tax rates, too, so the estimates are very accurate.

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What to Do If You Inherit A Home

McKissock

The legal issues or responsibilities, on the other hand, might involve situations where the property is co-inherited, for example, among siblings, and working together to find a common resolution becomes a nightmare. Tax liabilities: This can include federal estate taxes and property taxes. Download here.

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Mortgage Term Glossary

Assurance Financial

The assessed value of your home is how much it is worth in the eyes of the tax agency in your municipality. The assessed value is used to calculate your property taxes. Earnest money is a portion of the sale price of the home that a buyer pays upfront, after the seller accepts their offer. Downloadable Guides.

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What’s the Difference Between a Fixed Interest Rate and an Adjustable Interest Rate?

Assurance Financial

More buyers in the housing market mean more people applying for mortgages. Downloadable Guides. Click here to download the file. Click here to download the file. From 2008 to 2014, 85%-90% of homebuyers chose a fixed-rate mortgage, up from the historical percentage of 70%-75% of buyers. The Economy.

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Can You Get a Mortgage for a Tiny Home?

Assurance Financial

However, tiny homes on a foundation may come with additional costs due to the size of the lot they reside on and other property taxes. The average tiny home can cost buyers anywhere between $30,000 and $100,000 depending on the size, make and material of the tiny home, which means adequate financing is still a high priority.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

” Free download: Ready to launch your appraisal career? ’ My report and the report of a licensed appraiser will often have a similar dollar value result, but the appraisal will include a cost to construct component and my opinion of value will include notes to improve the market appeal of the property.”

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What Is a USDA Loan and How Do I Apply?

Assurance Financial

Although the goal of the USDA loan program is to make homeownership more available to a wider swath of buyers, there are certain requirements people need to meet before they are eligible for the loans. The mortgages seek to provide very-low to moderate-income buyers with access to sanitary, decent and safe housing in eligible areas.