Dylon May
Purchase What I'm Currently Renting
7 August 2020 | 6 replies
Go get an agent to work with you primarily because the seller is expected to pay for this transaction(this is true in many states, may be not in NC) You will get an experienced person who can help you assess pricing, negotiation and review other matters.
Jennifer McPherson
Selling very unique property. - Sandstone mine
3 August 2020 | 5 replies
Also have to make sure the former mine has not been used for dumping (it is not uncommon). definitely would want to assess potential impacts especially if buyer wanted to change use...
Chris John
Partnership structure question
4 August 2020 | 11 replies
If so, you may want to seriously think about property tax implications to any transfers as well, depending on how low the assessed value is on these properties so as to keep the Prop 13 value and not trigger reassessment.
Account Closed
Purchasing a property from my soon to be mother in-law
3 August 2020 | 2 replies
The property was last assessed around 250k by the local tax assessor.
Andy Zich
Help with structuring a contract for deed, lease option or other
2 August 2020 | 0 replies
Buyer also would pay me $563 in property tax, insurance plus a small stormwater assessment fee for a total of $1400Based on my 15yr loan amortization schedule I will pay the bank $8,608 in interest over the next 3 years.
Tyler D.
Best strategy for a 30+ year buy and hold?
4 August 2020 | 8 replies
You can do drop and swaps which is a tax loophole which attempts to hide the sale from the school boards that try to file claims against the assessed value of your home, you can get a tax abatement in certain areas that will enable you to not have an increase in taxes for a certain amount of time, or you can purchase properties that already have the tax abatement on them.
Mansi Mehta
Property management in Atlanta
28 June 2022 | 7 replies
Do you conduct property assessments?
Duane Tomlinson
Real Estate Investing in Southwest Florida
3 August 2020 | 4 replies
Hi @Duane Tomlinson,Nearly every condo in the area is going to have high HOA and assessment fees, so that eliminates them for nearly everything other than prospective appreciation investing.
Kenneth Silva
Using a 203k loan to buy turnkey home?
3 August 2020 | 1 reply
The banks writing these loans rely on the Appraisers to assess the condition and stipulate what needed to be repaired to qualify.
Steven S.
Real Estate Opportunity... Am I Financially Stable Enough?
3 August 2020 | 1 reply
It's the lowest price in the building and it's tax assessed at 170k, which isn't great for my property taxes but I feel like it bodes well otherwise.