Tag: appraisal

What To Do When Your Property Tax Appraisal Jumps

Homeowners across the country are getting a shock when they open their 2022 property tax appraisal notices. These appraisals are often far higher than they were only a year ago. What will these higher appraisals mean for property taxes in the future? What can you do if you think your appraisal is too high? Lull… Read more »

Home Repairs: How to Negotiate to Close a Deal

Home repair issues that show up on an inspection report are up for negotiation. It’s up to the buyers and sellers to hammer out an agreement on who pays for what. Here’s a guide. The inspector is your friend. Sellers often dread the inspection report, fearing it may reveal a major issue that could block… Read more »

From Contract to Closing Table: Avoiding Pitfalls

As a seller, just because you’re under contract doesn’t mean it’s time to relax. It’s a bit like reaching the summit of a mountain. You’re only halfway to the finish line, which in this case is the closing table. The due diligence period, typically the 15 to 30 days following contract signing, is the first… Read more »

How to Protest Your Property Tax Appraisal

If you received an unusually high property tax bill, don’t be afraid to fight back. Here’s how to effectively question your tax appraisal and file an appeal. Taxing authorities have two ways to boost tax revenue. One is to raise the tax rates. Typically, several local entities each has its own tax rate, which is… Read more »

Appraisers a Key Player in Home Sales

How much is a home worth? That’s the crucial question asked by home buyers and their lenders in a sales transaction. It’s up to a professional real estate appraiser to analyze the property and market data to come up with the market value, which can dramatically change the outcome of a deal. What exactly does an… Read more »