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Experts weigh in on whether seniors should get new mortgages: Bankrate

Housing Wire

Seniors, even those of advanced age, are legally required to face the same qualification requirements as any other mortgage applicants. “I Even if one owns a property with no further mortgage payments due, property taxes and upkeep will be a consideration,” Bankrate senior economic analyst Mark Hamrick said. “As

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Celink files objection seeking dismissal of fees lawsuit

Housing Wire

Live Well Financial , which alleges that companies including Celink improperly paid property taxes before they became due without legal justification or notice. As Magistrate Judge Shields held, Shakespeare has no factual or legal relation to this matter,” Celink attorneys said in the filing.

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The Indispensable Role of Real Estate Appraisals in Estate Planning

Boston Appraisal

An accurate appraisal offers that indispensable foundational data, upon which assets can be split in a manner that is both fair and legally defensible. Unlocking Tax Benefits A precise real estate appraisal also plays a significant role in tax planning. Additionally, consider their track record in estate planning specifically.

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Real Estate Sales Agreements: Understanding Your Contract

Movoto

This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Property Identification. This portion lays out the agreed-upon selling price for the property. This is the designated date for the official title transfer (i.e.,

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Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

In June of 2019, MAM was designated as a “stalking horse bidder” in an effort to acquire RMS from then-parent Ditech Holding Corporation, which at that time had sought to sell off both its forward and reverse mortgage portfolios simultaneously to MAM for RMS, and New Residential for its forward portfolio.

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8 Home Appraisal Cost Factors in BC: What You Need to Know

D Fritz Appraisals

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional. Does the land have subdivision potential or is the home designated a heritage property?

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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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