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How to Appeal Your Property Taxes in King County

Will Springer Realtor

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.

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Say What? Home-Buying Lingo You Should Know

Zillow

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.

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What’s Included in Closing Costs?

PennyMac

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller. Who Pays Closing Costs?

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

This means that it's harder to know a local neighborhood well before searching for homes. Changing locations may make it feel like committing to a home isn't worth the effort, too. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.

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The Pros and Cons of Buying a New Home vs. a Resale Home

Eppraisal

Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. These are the very drivers of their appeal -- no aging, no wear and tear that often diminish home values. Individual sellers are easier negotiating partners.

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The Complete Guide to Buying a Home After College

Raleigh Realty

Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments. The difference between the home's value and what is left in your mortgage is the equity. In other words, if your home is worth $100,000 and you have $60,000 remaining in your mortgage, you have $40,000 worth of equity.

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Institutional SFR players are stuck in the doldrums

Housing Wire

“Invitation Homes is currently the largest owner of single-family, rental homes in the United States, with most of its homes located in California, Florida, Georgia, Texas and other Sun Belt states,” the federal lawsuit states. “In Post release, the remaining 8,489 properties will collateralize the same debt of $2.06