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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

During closing, buyers sign several legal documents and pay additional fees, some of which are recurring costs like property tax. Sponsored content presented by Citibank, N.A. Before being handed keys to their new home, buyers have to go through the closing process, which finalizes the home purchase. NMLS #412915.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Read on for more information about how a home appraiser determines the value of your property. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property.

Appraisal 105
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The Treasury’s $10B Homeowners Assistance Fund

Housing Wire

Trouble paying for firewood, heating oil or back property taxes for your home because of Covid-19? The funds can, potentially, be used to pay debt owed the government, in the form of delinquent property taxes. Presented by: Xome. The Homeowners Assistance Fund (HAF) can help with that.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. You can be present during your inspection, but it is not required. Due Diligence: What Is it?

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How the title industry is addressing the negative effects of heirs’ property

Housing Wire

A home that is inherited from a family member without a will, also known as heirs’ property, can present serious challenges to families if new ownership has not been updated in land records. Typically, when a person passes away, it is customary for a will to specify who will inherit the property.

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

The Robert Weiler Company

A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. monthly, quarterly) for using the property. Taxes and Assessments. Indemnity and Insurance. And the landlord pays for all operating expenses, such as maintenance, property taxes, and insurance.

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