Housing Wire

MAY 18, 2022

CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans. Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded. Not tax advice. Consult a tax professional. †

Mortgage 393

Mortgage Clients Insurance Tools 393

Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. They will also take into account any upgrades or amenities, as well as how maintained the home is.

Inspection 424

Inspection Appraisal Buyers Appraisal Process 424

Eppraisal

NOVEMBER 28, 2023

Mortgage lending is about trade-offs, so expect compromises when you make yourself a riskier borrower for lenders. Conventional Mortgages Conventional mortgages are home loans not insured by the federal government. ●      Shoulder a reasonable portion of the house’s selling price. 

Finance 69

Finance Government Insurance Property Taxes 69

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Estate settlements.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

McKissock

OCTOBER 23, 2020

How are divorce appraisals different from standard mortgage lending appraisals? These expert witness assignments are similar to the “before value” appraisals in condemnation cases. Tax appeal. Typically, this would be for local property tax appeals. Income tax (IRS) issues. Insurance claims.

Appraisal 77

Appraisal Insurance Legal Development 77

Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . Assessed Value. The assessed value of your home is how much it is worth in the eyes of the tax agency in your municipality. The assessed value is used to calculate your property taxes. It can be less than the market or appraised value of your home.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

Zillow

JULY 15, 2019

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. This document spells out all the terms of the loan: the amount, the interest rate, the monthly payment, mortgage insurance, the monthly escrow amount and all closing costs.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56