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How to Find the Best Neighborhood for Your Lifestyle and Budget

Lamacchia Realty

Consider not just the rent or mortgage but also utilities, property taxes, maintenance costs, and, if applicable, HOA/condo fees. Property taxes can also vary significantly between neighborhoods, so be diligent and research these rates. Assessing your finances is a pragmatic step in the process.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Reviewing / appealing property tax assessment. Property division in separation / divorce. To determine capital gains on second or rental properties. Tax implications for final probate. Local amenities – how close is the home to hospitals, schools, shops and public transport corridors? Estate settlements.

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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Property taxes. Taxes and Real Estate Investment. Beyond equity growth and cash flow, there is one other way that many people can make (or save) money by purchasing an investment property: tax savings. New investors usually avoid fixer-uppers if they are new to managing rental properties. Maintenance costs.

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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. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Property Tax. Courier Fee. Credit Report Fee.

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New Homes vs. Old Homes: Which Is Right For You?

PennyMac

HOA fees can range from $200-$400 per month — and that's not to mention the strict rules that come along with the privilege, like having someone tell you what color your house can be painted and when to mow your lawn. Higher property taxes. Location, location, location. Uncertainty.