Category

Property Experts

06.18.10

Know Your Rights Regarding Apartment Late Fees Property & Tax, Property Experts, Property and Real Estate, Tips on property | (0)
Did you know that you have your own rights as a tenant? Some of these rights have to do with apartment late fees. There are some rules that regulate how and when apartment late fees are applicable or acceptable. One of the things you have to know about apartment late fees is that they have a limit. This limit is normally agreed on between the landlord and the tenant before anyone moves into the house. Most renting regulations normally allow for a few days' grace period before you can be asked to pay any late fees. Make sure that you check ...
05.08.09

How can property taxes go up in a declining market? Property & Tax, Property Experts, Tips on property | (0)
Doesn’t it seem odd when we say the real estate value is falling and the property taxes are decreasing? At this time should not the property tax be decreasing to increase purchase of real estates and let the real estate market come in equilibrium with demand? .But unfortunately my friends that is not the case. Property taxes are calculated on consumer price index rather than state equalized value which may fluctuate according to market conditions. State Equalized Values or SEV is equal to 50 percent of the market value of ones property. So even if the market value of properties is high ...
02.17.09

When do I need a real estate appraiser? Property Experts, Property Valuation, Purchase Dilligence | (0)
Real estate or the business of property doesn’t seem to die down least bit even in times of recession. Yes, there is a slowdown but hope just as well. Real estate properties need to be assessed owing to many circumstances. Before all, first reason for property assessment is property tax. Such an evaluation is conducted by the municipality or the city office. The idea is to levy tax on the property and hence an assessment of property value is required. No one wishes for a real estate appraisal during such times because as a general rule a property is evaluated equivalent ...