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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

Meanwhile, homeowners association (HOA) fees multiplied for many condo buildings in the aftermath of the 2021 Surfside condo collapse. In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs.

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Going to Extremes

Appraisal Buzz

Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring. ICON, an Austin based firm, has developed a 3D printed wall system.

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11 Things to Consider When Buying a Home in Raleigh NC

Raleigh Realty

Home inspections This should be a necessity for anyone who is buying real estate. A home inspection can spot these and other things that are wrong with the house, which gives you far more negotiating power, and it gives you a reasonable idea of what to expect in terms of expenses for the future. The HVAC was shot.

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Help your Borrowers Navigate Recent Home Appraisal Trends

Genworth MI Blog

There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. Thus, the parties conducting each part of the appraisal, inspection vs. research, are completed by two different people instead of one.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. There are two main parts to a Home Appraisal: Inspection of the property. Type and age of plumbing and other systems (condition would be determined during a home inspection ).

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Five Contract Contingencies Home Buyers Should Consider

Will Springer Realtor

INSPECTION While the first two contingencies are extremely important, I like to think this one is the most critical. More on home inspections.) An HOA typically has a wealth of documents related to both the community at large – whether a traditional high-rise condo or gated community – and the property for sale.

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Say What? Home-Buying Lingo You Should Know

Zillow

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more.