Remove HOA Remove Inspection Remove Property Taxes Remove Renovations
article thumbnail

Understanding the Math of Profitable Investment Properties

Eppraisal

Analyzing Operating Expenses To accurately gauge the profitability of an investment property, it's essential to account for all operating expenses. These may include property taxes, insurance, maintenance and repairs, property management fees, and any homeowner association (HOA) dues.

article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

Appraisal 106
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Pros and Cons of Buying a House

PennyMac

Mortgage interest and property taxes may be tax deductible. Property taxes and HOA fees are the buyer’s responsibility. May be required to allow landlord access to home for inspections. You Pay Property Taxes. Requires upfront costs for down payment, closing fees, etc.

article thumbnail

The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Your neighborhood may require homeowner's association (HOA) fees, too.

article thumbnail

Important Mortgage Acronyms

Assurance Financial

If the house doesn’t pass inspection or the sale doesn’t go through due to an allowable contingency, the buyer gets the EMD back. Municipalities often use FMV to determine the tax rate on a home. A home with a high FMV will have higher property taxes than one with a lower FMV. HOA (Homeowners Association).