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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans. Not tax advice.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. They will also take into account any upgrades or amenities, as well as how maintained the home is.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Properties may include apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and land for sale. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

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. Getting a reappraisal may help reduce payable taxes.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

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. Getting a reappraisal may help reduce payable taxes.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

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. Getting a reappraisal may help reduce payable taxes.