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Say What? Home-Buying Lingo You Should Know

Zillow

Condo insurance : Homeowners insurance that covers personal property and the interior of a condo unit should damage occur. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc. Examples include the VA funding fee and the FHA funding fee.

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

The Robert Weiler Company

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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What’s Included in Closing Costs?

PennyMac

This fee will cover the attorney preparing and reviewing agreements and contracts. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Property Tax. Every homeowner is required to pay property taxes. Transfer Tax.

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

Miller Samuel

The shift in New York State and New York City government sentiment against real estate development began with the following recent events: November: The introduction of the Amazon HQ2 deal in Long Island City. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract).

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HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

Plus, there are plans from the government agency that backs most mortgages to increase fees (known as Loan Level Pricing Adjustments) to certain applicants, including second-home properties, high-balance loans and cash-out refinances. market in the last decade, reported FilterBuy.com. The company, using data from the U.S.

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