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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans. Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded. To learn more about RMF and reverse mortgages visit reversefacts.com/HW.

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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

Appraisal 309
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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan.

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

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

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26 Reasons to Get an Appraisal

Realvals

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

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What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

While in the QI’s hands, the owner can use the sales proceeds for renovations on the replacement property. The details of a 1031 Exchange transaction are governed by a series of complicated rules that can be both intimidating and confusing. 1031 Exchange Rules. Is it possible to do a 1031 Exchange into a REIT?