Remove HOA Remove Home Value Remove Market Value Remove Transportation
article thumbnail

Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Interior Care.

Appraisal 126
article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property.

Appraisal 105
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’s Included in Closing Costs?

PennyMac

If you’re signing paper documents, they’ll need to be transported, and the courier fee will be what pays for that to be expedited. If you’re buying a condominium or a property in a planned development, you will be required to join the homeowner association (HOA). Courier Fee. Courier fees (if they’re charged) are usually around $30.

article thumbnail

10 Ways to Financially Benefit From Your Home

PennyMac

Building Equity Over Time As you make mortgage payments, you build equity in your home. Equity is the difference between the market value of your home and the amount you owe on your mortgage. Any increase in market value also contributes to an increase in your home equity.