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A property tax reckoning is coming

Housing Wire

The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices. In Spokane, the average property tax bill has risen from about $2,500 in 2019 to about $3,000 in 2021, tax assessment data shows. No one knows how this will all play out.”.

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26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes.

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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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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. Fees can vary based on the size of your property, as well as the scope and nature of the commercial real estate appraisals.

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How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

The Robert Weiler Company

Taxes and Assessments. Compliance with Laws. And the landlord pays for all operating expenses, such as maintenance, property taxes, and insurance. property taxes, insurance, building maintenance, utilities, janitorial services, and property management fees). Maintenance and Repairs.

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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. FRM (Fixed-Rate Mortgage).