Remove Definition Remove Market Value Remove Property Taxes
article thumbnail

How will California’s Proposition 19 impact property taxes?

Housing Wire

A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new property tax breaks to older homeowners while increasing property taxes for those inheriting their parents’ or grandparents’ properties. Presented by: CoreLogic.

article thumbnail

Property taxes have been rising. Here’s what it means for housing

Housing Wire

In many communities, homeowners and homebuyers have been hit with eye-popping property tax increases. And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I

Insiders

Sign Up for our Newsletter

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

article thumbnail

9 tips for homebuyers in non-disclosure states

Housing Wire

.: Alaska Idaho Kansas Montana New Mexico North Dakota Utah Wyoming Louisiana Missouri (partial) Mississippi Texas Purchasing real estate in a non-disclosure state can significantly impact home buyers because it’s next to impossible to find property sale prices through public records.

article thumbnail

Everything You Need to Know About Fort Hood, TX Property Taxes

Hood Homes Blog

The property taxes in Harker Heights are expensive! It is not exactly true, as, in fact, Harker Heights has one of the lowest property tax rates in the Fort Hood area. Instead, Harker Heights’ property taxes are more not because the rate is higher but because property values in Harker Heights are higher as a whole.

article thumbnail

The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

It’s also important to differentiate between above-ground and below-ground living spaces, as basements often do not carry the same value as main-level square footage. While basements definitely add value the type of basement and the rooms in the basement will have a big impact on buyers and how much more they are willing to pay for it.

article thumbnail

12 Types of Expert Witness Assignments for Appraisers

McKissock

Tax appeal. Typically, this would be for local property tax appeals. If the appraiser is providing any services that would fall under that definition, the fee structure cannot be contingent on the outcome of the appeal. Income tax (IRS) issues. Learn more.

article thumbnail

Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

However, it isn’t necessarily accurate and shouldn’t be used for appraisals for a number of reasons that are definitely worth a closer look. At its core, a home appraisal is a process wherein a trained, licensed professional will come to a home and make a determination of its fair market value. What Is an Appraisal?