Blog Category: home values

October 3rd, 2022 calculate property taxes
October 3rd, 2022

How are property taxes calculated?

Property taxes are a part of the cost of owning a home. When you buy a home you not only have to consider the cost of the monthly mortgage payment, but you also need to consider property taxes, homeowners insurance, any HOA dues, maintenance, and utilities.

Many people wrongly assume property taxes are a fixed cost, and that whatever amount is billed when you first buy the house, is what the amount will be for the life of owning the home. However, property taxes can change quickly after buying a home. Most counties assess property value annually, and adjust the amount due annually. Read More

Categories: Appraisal, Home Buying Process, housing values, Loan Process, Local News, mortgage, tax breaks , , ,

October 26th, 2015 real-estate-agent-or-appraiser-home-value-brian-martucci-getloans
October 26th, 2015

Who Knows More About Home Values, Appraisers or Realtors?

Realtors often think appraisers are not the most accurate assessors of real estate values. And appraisers often think realtors know less than they do. Maybe they are both right? I have had appraisers admit that a good realtor will likely know more than an appraiser about the value of a certain home. This is because most appraisers are appraising a wider geographic area a than a realtor may specialize in. Many appraisers cover a multi-state area, whereas a lot of realtors specialize not only in one state, but also in one city or town. So, it is hard to expect  Read More

Categories: Appraisal, housing values , ,