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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. And homeowners insurance costs are three times higher in Florida than the national average.

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The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. Department of Housing and Urban Development (HUD) in August 2022. of all properties available for the first-look auctions during the quarter.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Over the years I ended up teaching classes on renovation loans, mortgage insurance, mortgage mechanics, etc.,” Then about six years ago, I taught a class on government loans and included a class section on reverse mortgages, and things have never been the same.”. In the last six years, my HECM production has steadily grown.”.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S.

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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan.

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3 Payment Assistance Avenues Available on Path to Homeownership

Will Springer Realtor

There are programs established by state and local governments that provide buyers – mostly first-timers – with assistance to make a down payment or meet closing costs. Down payment assistance covers aid from federal, state, county or local government agencies, non-profits and employers. Not exactly. Wait till next year!)

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