State and Local Property Tax Revenues Eclipse $700 Billion

Eyes on Housing

billion in taxes were paid by property owners in the four quarters ending Q2 2021.[1] 1] Four-quarter property tax revenues have climbed 13.2% Year-over-year growth of four-quarter property tax revenue has accelerated each of the past four quarters.

Darwin Homes grabs $15 million in Series A funding

Housing Wire

Darwin Homes , a single-family rental property management startup, announced a $15M Series A funding on Monday. When people invest in a single-family rental property, they don’t want a second job, but that’s often what they end up with,” said Kinloch.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

In these scenarios, no inspection or appraisal of any kind is performed on the property. The lack of boots on the ground means that both the lender and the GSEs buying the loans have reduced visibility into the true condition of the property.

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

Housing Wire

After all, no property is perfect. And, of course, water leads to damage of personal property. An appraisal is a valuation of a property by a third party. If the seller is eager to sell the property, they might lower the listing price to match the appraisal.

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

That accepted purchase price becomes the “market value” of the property. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number.

Medical Professionals Moving Guide: Healthcare Relocation Resources

Raleigh Realty

This not only includes differences in housing pricing, but also food, income taxes, property taxes, and the like. There are numerous avenues to use for short-term housing such as fully-furnished homes, long-term rentals with Airbnb, or using a local property management company.

Is Property Appraisal an Art or a Science?

AmeriMac

A property appraisal is a process of estimating the value of real estate. Every property is unique for many reasons, the location being one of them. Describing a particular real property and collecting data relative to supply and demand are the appraiser’s responsibilities.

Ideas to Help Prepare Clients when Real Estate Market Reopens

Home Junction

There are times when the real estate market slows down, but there could still be ways to keep in touch with clients and provide them with valuable property data software for when business cranks back up. Renters want to own property. Provide Tips and Use Property Data Software.

Rent Vs. Buy: How To Decide In 5 Steps

Quicken Loans

In addition to a monthly payment that’s more than the principal and interest on your mortgage, you’ll also have property taxes, homeowners insurance and (in many cases) mortgage insurance as well as homeowners association fees.