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9 tips for homebuyers in non-disclosure states

Housing Wire

While these online tools aren’t a definitive statement of a home’s value, they can be a great starting point, especially when combined with other data like a home’s list price, square footage, number of bedrooms and baths, property tax history, and any price reductions.

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When borrowers ‘ghost’ their servicers

Housing Wire

Department of Housing and Urban Development approved housing counseling agencies to do more effective outreach to some of the harder-to-reach borrowers. Federal laws aren’t the only ones servicers have to contend with. Servicers are looking for different ways to connect with borrowers.

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How to Best Search for Land to Buy in Ohio [2022]

The Robert Weiler Company

This is when you, as the investor, will have the opportunity to inspect all aspects of the land and receive full disclosure of all details and conditions before completing the transaction with the land seller. Current Property Taxes. Historic Property Tax Bills. Local Laws and Bylaws. Title Deed.

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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. State laws will usually dictate who is legally responsible for overseeing the closing. The agency will use the data from the inspection to plan for flooding emergencies. Lead-Based Paint Inspection.

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Buying A Foreclosed Home In 6 Steps

Quicken Loans

There are also plenty of risks: A home you buy at an auction might have a lien on its title from a government agency, especially if the former owners stopped paying property taxes. Department of Housing and Urban Development (HUD) takes possession of the foreclosed home. Get A Home Inspection. Let’s look at an example.

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

PennyMac

Property taxes. It’s also important to understand the legal requirements of owning real estate—lead paint inspections, rental registration, accounting, receipts for payments, written leases, liability insurance, renter’s insurance, tenant screening including criminal and credit checks, fair housing laws, and much much more.

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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.