Remove Investing Remove Market Value Remove Property Taxes Remove Renovations
article thumbnail

How to price homes properly in a volatile housing market

Housing Wire

Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says. “As By comparison, the retail REO sales sold for 73% of estimated “after-repair” market value. There’s no good news around the corner.

article thumbnail

How reverse mortgages could improve financial stability for older homeowners

Housing Wire

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. † HW: How can a reverse mortgage allow older Americans to take advantage of their existing equity without selling at a loss?

Mortgage 393
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

There are certain things you can do as a real estate investor to help manage your tax bill and maximize your after-tax return on investment. To do so, however, you need to understand the primary ways in which investment real estate portfolios get taxed. Capital gains tax. More on these later.

article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

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. Renovation loan assessments. Reviewing / appealing property tax assessment.

Appraisal 105
article thumbnail

5 Most Common Myths About Pricing a Home

Lamacchia Realty

The fact is, if the list price for a home isn’t based on the current market value of the home, it will sit on the market for a long time. Buyers will look at how long the home has been on the market and why it hasn’t sold yet, resulting in no showings. Buyers are not interested in overpriced properties.

article thumbnail

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.

Appraisal 145
article thumbnail

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

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property.