Home Value Inspection Market Value Property Taxes 
Will Springer Realtor
MARCH 7, 2023
Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. A large part of each property tax dollar goes to pay off construction bonds for school buildings and other public projects.
D Fritz Appraisals
OCTOBER 11, 2022
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. Read on for more information about how a home appraiser determines the value of your property. Estate settlements.
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Cleveland Appraisal Blog
AUGUST 6, 2021
A home may not pass the smell test in person. WAIVING HOME INSPECTIONS. Recently, I was visiting with a home inspector. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. Is this wise?
Zillow
JULY 15, 2019
Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers should budget for an amount that is 1% to 3% of the home's purchase price.
PennyMac
JUNE 28, 2022
From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Lead-Based Paint Inspection. Pest Inspection.
AmeriMac
JANUARY 30, 2024
Moreover, the reverse mortgage appraisal report, reflecting the current home value, significantly aids in the loan application process. The homeowner’s current location also impacts eligibility, as the estimated home value for the reverse mortgage is calculated based on the location.
Assurance Financial
APRIL 29, 2021
An earnest money deposit or EMD is a percentage of the home’s sale price , usually about 1 to 3%. If all goes well with the process, the EMD is applied to the final price of the home. 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.
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