Remove Development Remove Law Remove Market Value Remove Property Taxes
article thumbnail

9 tips for homebuyers in non-disclosure states

Housing Wire

.: Alaska Idaho Kansas Montana New Mexico North Dakota Utah Wyoming Louisiana Missouri (partial) Mississippi Texas Purchasing real estate in a non-disclosure state can significantly impact home buyers because it’s next to impossible to find property sale prices through public records.

article thumbnail

The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

These features can significantly enhance the desirability and therefore the value of a property. Additionally, it’s wise to look into future development plans in the area as they could either boost or detract from your home’s value in the long run.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City.

article thumbnail

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.

Appraisal 145
article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Properties may include apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and land for sale. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

article thumbnail

What’s Included in Closing Costs?

PennyMac

State laws will usually dictate who is legally responsible for overseeing the closing. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Before you can close, you’ll need to get an official appraisal report for your property. Property Tax.

article thumbnail

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. During this process, a real estate appraiser determines how much a home is worth in the current housing market. Let’s look at an example.