...of their borrowers and property operations, potentially leading to significant losses. Servicers need to be well versed in interpreting financial statements and property operating statements to eliminate the risk of...
Read More »Search Results for: property taxes
Many Americans Aren’t Optimistic About 2024’s Housing Market
...51% of homeowners don’t want the market to burst, 15% of them say they want a crash to lower their property taxes and 15% believe it would lead to future...
Read More »Migration Data Names Nashville as Latest Housing Hotspot
...prices here still seem reasonable,” said local Redfin Premier real estate agent Kristin Sanchez. “Nashville has relatively low property taxes, insurance costs and utility prices, along with no state income...
Read More »FHA Reports on Delinquency, Credit Access in Report to Congress
...the property, you'll have to furnish the property, etc.” Gordon continued, “For people who are ready financially, and are ready, in terms of the stage of their life, where they...
Read More »Purchase Applications Wane as Housing Affordability Reaches 39-Year Low
...mind that the record-high payment doesn’t include taxes, insurance, or any HOA fees that may be part of the homeowner’s monthly expenses. For the last 35 years, the share of...
Read More »Florida Court Affirms Foreclosure Judgment for HOA
...bankruptcy stay was lifted and there was no disposition of the property which was subject to the Association’s lien in the bankruptcy proceedings, the property “remained the appellant’s property and...
Read More »Which U.S. Cities Have the Most Unpaid Mortgages?
...estate taxes; fire, hazard, and flood insurance on the property; utilities (electricity, gas, and water and sewer); and fuels (oil, coal, kerosene, wood, etc.). Click here for more information on...
Read More »The (Unattainable) American Dream?
...costs that aren’t obvious when you’re renting. You’re responsible for property taxes and you also have to pay for homeowners insurance—it's affordable in many parts of the country, but in...
Read More »Illinois Court Rules on Property Taxes & Eminent Domain
...and obtained fee-simple title to the property in August 2017. MB Financial continued to pay property taxes (without formal protest) and operate the apartment complex throughout the condemnation proceedings. In...
Read More »Putting Forbearances Under the Microscope
...of 2024. Several factors–including unemployment increases, rising property taxes, and insurance, the resumption of student debt payments, and possible natural disasters–may affect loan performance in future months.” Loans in forbearance...
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