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Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

Appraisal 105
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What’s Included in Closing Costs?

PennyMac

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Lead-Based Paint Inspection. Homeowner Association Fee.

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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.

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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Property taxes. I also can’t emphasize enough that if you are buying the right properties, the goal is to use the appreciation to purchase other properties. Taxes and Real Estate Investment. New investors usually avoid fixer-uppers if they are new to managing rental properties. Maintenance costs.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Your neighborhood may require homeowner's association (HOA) fees, too. What Is HUD?

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New Homes vs. Old Homes: Which Is Right For You?

PennyMac

Is it a classic Victorian set far back from the road with stately elm trees shading the formal garden, or a brand-new split level in an up-and-coming housing development with a communal pool, tennis courts, and a playground for the kids? Higher property taxes. What does your ideal home look like? Location, location, location.

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The Complete Guide to Buying a Home After College

Raleigh Realty

And for one more benefit, you can deduct your property taxes. Look at your monthly paycheck and develop a system where you can maximize savings Whether you're graduating from a local university or one in a different state a lot of the fundamentals of buying a home are the same anywhere you love.