Posts with tag home appraisal

Pending Home Sales Drop as Buyer Obstacles Persist

WASHINGTON -- The number of Americans who signed contracts to buy homes fell in August, after a weaker-than-expected peak buying season. The National Association of Realtors said Thursday that its index of sales agreements fell 1.2 percent last month to a reading of 88.6 A reading of 100 is considered healthy. The last... Continue Reading »

Home Appraisals: 5 New Truths

Do you know how much your home is really worth today? Have foreclosures affected its value? Can you trust the appraisal? "Homeowners don't know what's going on around them anymore," says Kim Bradley, of Marquee Properties, a full service realty company in Northern Virginia. A lot of the confusion centers on... Continue Reading »

When Chris M. decided to list his home in upstate New York and move closer to Manhattan to ease his wife's commute to her new job, he ran into a major hurdle: "There was no consensus among the agents we spoke with about what our house was worth," he said. The solution? Hire a local appraiser to handle the job of evaluating... Continue Reading »

How to Lower Your Property Taxes

Joel Strasser likes to write from his Brick, N.J. home office while his wife takes golf lessons on the green behind their two-bedroom home. What Strasser doesn't like is when his property taxes go up at the same time his home value goes down. He says a year ago the value of his one-story home in the couple's... Continue Reading »

Atlanta Keeps Property Taxes Up, Poor Neighborhoods Down

As if foreclosure-wracked neighborhoods aren't suffering enough, it seems they're also paying more in taxes. According to a study released yesterday by the Atlanta Neighborhood Development Partnership, homeowners in low-income neighborhoods in Atlanta that have been hard hit by the housing crisis were overcharged on... Continue Reading »

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