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How to Appeal Your Property Taxes in King County

Will Springer Realtor

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. A large part of each property tax dollar goes to pay off construction bonds for school buildings and other public projects.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? The process of buying a new home may sound intimidating. With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee.

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What is the Difference Between Assessed Value and Market Value?

Lamacchia Realty

Understanding the difference between these two values can help you make informed decisions when it comes to buying or selling a property Assessed Value Assessed value is a value that is assigned to a property by the local government for taxation purposes. Get a FREE Home Value Estimate!

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Say What? Home-Buying Lingo You Should Know

Zillow

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. Days on market (DOM) : The number of days a property listing is considered active.

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What’s Included in Closing Costs?

PennyMac

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller.

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Altering Your Expectations -- Part 1

Eppraisal

The velocity of change over the last few years -- in the culture, economy and government -- is head-spinning. Inflation is affecting household cash flow; older social values are jettisoned in favor of new ones; and the world seems to be on the brink of geo-political collapse.

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The Pros and Cons of Buying a New Home vs. a Resale Home

Eppraisal

Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. These are the very drivers of their appeal -- no aging, no wear and tear that often diminish home values. Individual sellers are easier negotiating partners.