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ALTA: Protecting property rights with title insurance

Housing Wire

For title insurance, a homebuyer only needs to pay a one-time fee at closing, which is typically issued in the amount of the real estate purchase price. For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage. Diane Tomb, ALTA CEO Contributor.

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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

If that home’s value increases to $300,000, your payback will be 5% of the current value (or $15,000.). Scenario 2 – You receive a 10% incentive and your home’s value decreases. You receive a 10% incentive of the home’s price of $200,000, or $20,000. Am I A First-Time Homebuyer? Need some pointers?

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How to Avoid Capital Gains Tax on a Home Sale

Will Springer Realtor

By Jeffrey Steele Most homeowners aim for a substantial increase in home value – and many are achieving it when they sell their primary address. Today, because of inflation, a $250,000 or $500,000 gains of much more than $250,000 or $500,000 are not uncommon, so many people go over, especially in higher-priced markets.”