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Opinion: How did homeowners get into home equity prison?

Housing Wire

Then, the housing market takes off like a rocket with home values exceeding all expectations. Craig Kincheloe is President of The Kincheloe Group , which focuses on helping individuals and families buy and sell homes in Tampa, Florida, and the surrounding areas.

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New Yorkers and Californians Flock to Florida

Empire Appraisal Group

Census Bureau data and moveBuddha proprietary data, as well as Zillow’s Home Value Index and Florida Housing Data. As far as expenses, California, New York and Illinois are all in the top 10 for state income tax, while Florida boasts no state income tax at all, as well as lower property taxes.

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What’s Included in Closing Costs?

PennyMac

State laws will usually dictate who is legally responsible for overseeing the closing. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. FHA Mortgage Insurance Premium. Homeowners Insurance. Homeowner Association Fee.

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Rent Vs. Buy: How To Decide In 5 Steps

Quicken Loans

Home value may increase over time. You may reap tax benefits. Sense of home stability/permanence. Home value may decrease. Home value may decrease. Recent tax laws could hamper tax benefits. You build equity over time. Unlimited freedom to customize your living space.

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Institutional SFR players are stuck in the doldrums

Housing Wire

Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.

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10 VA Loan Benefits You Need to Know in 2020

PennyMac

VA home loans have many well-known benefits, including low rates and the exciting combination of no down payment and no mortgage insurance. Lenders are able to offer veterans these excellent terms because VA home loans are backed by the U.S. No Private Mortgage Insurance. Department of Veterans Affairs.

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AN URGENT CALL FOR CHANGES TO ZONING LAWS

Will Springer Realtor

In this monthly newsletter, we have called for a generational response to the housing shortage, particularly to address the near-absence of affordable homes. And one solution to this worsening issue is an examination of our restrictive zoning laws in urban areas. The argument for zoning laws is straightforward.

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