Remove Government Remove Property Taxes Remove Real Estate Agent Remove Sellers
article thumbnail

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? 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. Who Is a Government Employee?

article thumbnail

Why You Should Hire Professionals to Measure Your Home

Cleveland Appraisal Blog

They could verify if the area claimed for the county is accurate If you believe that the square footage they have on file for your home does not match the home’s actual size, you can check whether you are paying an excessive amount in property taxes. Short-distance moving tips can make a big difference.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Buying A Foreclosed Home In 6 Steps

Quicken Loans

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. Even if the sellers agree to your offer, their bank or lender might reject it if it’s too low. Buying A Government-Owned Property.

article thumbnail

Say What? Home-Buying Lingo You Should Know

Zillow

Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Closing of escrow is the responsibility of the escrow agent.

article thumbnail

What’s Included in Closing Costs?

PennyMac

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.

article thumbnail

What Is a Foreclosure and How Does it Work?

Quicken Loans

Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. Government mortgage relief programs. In an REO, the bank is the sole owner of the property.