Housing Wire
MAY 22, 2024
Unpaid property tax debts are leading to preventable foreclosures , with the greatest impacts on Black and Latino households and older homeowners living on fixed incomes. But if states take proactive measures to reform policies and disclosures around tax foreclosures, this could go a long way to prevent unnecessary home displacements.
Housing Wire
NOVEMBER 19, 2020
A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new property tax breaks to older homeowners while increasing property taxes for those inheriting their parents’ or grandparents’ properties. Presented by: CoreLogic.
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Eppraisal
MARCH 8, 2024
Property ownership comes with various responsibilities, and one recurring financial aspect is the property tax bill. In this guide, we'll break down the components of a property tax bill to provide clarity on where your money goes and how you can make informed decisions regarding this significant financial obligation.
Housing Wire
MAY 1, 2023
With a residential PACE loan, renovations are financed and are then paid back by the borrower as property tax payments to their local government, resulting in higher property tax payments for borrowers. “We are proposing new rules that would require sensible safeguards on these clean energy loans.”
Housing Wire
MAY 21, 2024
Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.
Housing Wire
DECEMBER 3, 2020
The bill is expected to add $2 billion to California’s coffers annually, and homeowners with disabilities, seniors looking to move for health reasons, and empty nesters looking to downsize could receive property tax breaks when buying a new home, CAR officials said. But CAR, which supported the measure with $35.7
Housing Wire
JANUARY 8, 2024
In addition to removing a major player from the industry, the bankruptcy also ultimately forced Ginnie Mae to assume control over its extensive portfolio of Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS), straining the government-owned corporation’s resources as well as reverse mortgage industry liquidity in the secondary market.
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