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The Importance of Tax Escrow Payment Processing for Mortgage Servicer Operations

Appraisal Buzz

Mortgage tax escrow payments for local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these payments, timely settlement of local property taxes holds particular significance.

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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? The typical low-income first-time homebuyer with a Fannie Mae-backed mortgage also has a 747 credit score, the research paper shows. In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers.

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

Housing Wire

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. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

How are divorce appraisals different from standard mortgage lending appraisals? Typically, this would be for local property tax appeals. Appraisals are then required to assist the owners, and eventually the courts, to determine the value of the property. Insurance claims. Bankruptcy. Learn more. Tax appeal.

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Bitcoin Real Estate Transactions Gain Popularity

McKissock

Although using crypto to pay for real estate isn’t a new concept (we’ve already been using it for international transactions), it’s starting to become a more mainstream concept when it comes to local property sales. It’s also worth noting that Bitcoin made up 60% of the volume of luxury purchases made with crypto via BitPay.

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Digital Real Estate In the Metaverse

McKissock

Although using crypto to pay for real estate isn’t a new concept (we’ve already been using it for international transactions), it’s starting to become a more mainstream concept when it comes to local property sales. But don’t take our word for it! How Buyers Can Use Bitcoin to Buy Real Estate.

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4 Effective Steps to Find Commercial Rental Properties for Sale

The Robert Weiler Company

Average prices of comparable commercial rental properties available in the area. Insurance costs in the area. Search Quality CRE Listing Sites to Find Commercial Rental Properties for Sale. Even though the properties you found may seem within your budget, the additional expenses may push your cost far over the line.