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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

A home’s value is heavily influenced by its geographic location and the characteristics of its neighborhood. Consider the proximity to essential amenities like schools, parks, shopping centers, and public transportation. These features can significantly enhance the desirability and therefore the value of a property.

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Florida Homeowners: What to Expect When You Live in a Tourist Hotspot

Lamacchia Realty

Also, property taxes can spike as municipalities capitalize on the booming local economy. In addition, the influence of local community features on property values can’t be overstated. Living near popular attractions can raise your home’s market value , making it a profitable asset if you decide to sell.

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What’s Included in Closing Costs?

PennyMac

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.