Cleveland Appraisal Blog

JUNE 23, 2023

Photo by Antonio Quagliata on Pexels.com Additionally, consider the zoning laws and land-use regulations in the area and what category it might fall into based on its specific location. Land ownership comes with legal obligations which can change quite a lot depending on where you are buying land. What is it for?

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Property Taxes Legal Law Property Appraisal 195

Lamacchia Realty

DECEMBER 21, 2021

You can get the additional $25,000 exemption if the assessed value of your property is between $50,000 and $75,000. However, the latter does not apply to the school district taxes. Moreover, any future annual property tax increases will be taxed to 3% or even less. 2022 Homestead Exemption.

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Property Appraisal Property Taxes Real Estate Agent Legal 45

The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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Real Estate Appraisal Property Appraisal Valuation 60

PennyMac

JUNE 28, 2022

State laws will usually dictate who is legally responsible for overseeing the closing. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. The owner’s title insurance is optional but highly recommended by most legal experts. Courier Fee.

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Insurance Property Taxes Sellers Inspection 36

Realvals

JUNE 18, 2023

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Beyond these most common scenarios, appraisals have numerous other use cases. Estate planning, property tax appeals, divorces, and gifting, are some of the many others.

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Appraisal Property Taxes Real Estate Market Value 145

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Appraisers have, in the past, fretted over liability and data reliability. Both GSEs argue that these approaches advance equity.

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Appraisal Valuation Inspection Law 321