Remove tag real-estate-taxes
article thumbnail

Selling your home? Make sure you’re aware of hidden costs

Housing Wire

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Here are four potentially unexpected costs you should be aware of: More for Real Estate Enthusiasts. For example, let’s say a buyer is deciding between two homes with a similar price tag. Bottom Line.

article thumbnail

Opinion: Improving housing affordability without exposing homebuyers to more risk

Housing Wire

While mortgage rates will likely fall this year, conversations about how to increase accessibility to homeownership are still top of mind — and should be top of mind — across the real estate industry. However, there is no one-size-fits-all approach to homeownership affordability.

Title 380
Insiders

Sign Up for our Newsletter

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

article thumbnail

VA extends deadline for loan deferment

Housing Wire

Under this option, the servicer defers repayment of the arrearages (principal, interest, taxes, and insurance) to the loan maturity date or until the borrower refinances the loan, transfers the property, or pays off the loan, the VA said. Additionally, there will be no penalty for early payment of the deferred amount, the VA said.

Loans 409
article thumbnail

Opinion: Don’t let red tape strangle city development

Housing Wire

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. Such problems are real, and demand real solutions.

article thumbnail

What Does ‘Under Contract’ Mean on a Home Listing?

HomeLight

But what does “under contract” mean in real estate? In this post, we’ll explain the “under contract” listing status tag. We’ll also share expert insights on how this tag and others might impact your homebuying plans. There are four common types of real estate contract contingencies.

article thumbnail

Recession-Proof Ground Leases Are an Overlooked $2.5 Trillion Asset Class

Propmodo

The headline-making transactions in commercial real estate usually involve big high-rise buildings, major portfolio trades with gargantuan price tags, or company mergers with even more zeros attached to the transaction. The addressable market for ground leases in the United States totals $2.5

article thumbnail

Housing Market in 2024: When Will Homes Be Affordable?

Marco Santarelli

Beyond the Price Tag: Affordability isn't just about the sticker price. Consider additional factors like property taxes, homeowner's insurance, and potential maintenance costs. Property taxes can vary significantly depending on location and can add a substantial amount to your monthly housing payment.