Remove Buyers Remove Insurance Remove Property Taxes Remove Transportation
article thumbnail

Deciding on Your Starter Home: 5 Key Factors to Consider

Eppraisal

Consider proximity to work, schools, amenities, and public transportation. Beyond the purchase price, factor in additional expenses like property taxes, insurance, maintenance, and utilities. Resale Potential and Market Trends Even as a first-time buyer, it's essential to think about resale potential.

article thumbnail

What’s the Cost of Living in Raleigh, North Carolina?

Raleigh Realty

Table of Contents: Cost of Living in Raleigh Income Housing costs Utilities Food Healthcare Transportation Taxes FAQ Cost of Living in Raleigh The cost of living in Raleigh is less than the national average. Costs for goods and services are generally below average rates, in addition to lower tax rates. Income tax rate 4.99 13.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Reviewing / appealing property tax assessment. Estate settlements.

Appraisal 105
article thumbnail

What’s Included in Closing Costs?

PennyMac

At the most basic level, your closing costs are any costs or fees that go over the price for the property you’re purchasing. More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. Closing costs can apply to both the buyer and seller.

article thumbnail

Can You Get a Mortgage for a Tiny Home?

Assurance Financial

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. Tiny houses on wheels (THOW) operate like a trailer and allow easy transportation and setup almost anywhere with the right access points. The options for tiny house usage are endless.

article thumbnail

How To Appraise Rural Properties

Appraisal Today

In contrast to Value Acceptance, most homeowners are familiar with Mass Appraisal, the approach commonly employed by County Assessors for property tax purposes. I’m always looking for something new = Creepy Transaction Creep By George Dell, SRA, MAI, ASA, CRE Excerpts: Transaction costs are added to every property transaction.

article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

At the opposite end of the spectrum, the fiscally conservative Citizens Budget Commission described the tax as appealing but problematic : Gov. FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. They eat, sleep, work, and consume.