Posts Tagged ‘Buying Homes’
Appraised Value Vs. Assessed Value
When determining a property’s values, you may come across two commonly used terms: appraised value and assessed value. Written for Zillow by Jennifer Lyons, Edited by Silvestri Properties The appraised value is determined by a professional appraiser who evaluates a property’s market value, often during the buying, selling, or refinancing process. In contrast, local government authorities…
Read MoreWhat Does Pending Mean in Real Estate?
A pending status may mean different things if you’re the active seller or a newly interested buyer. Written by Shawna Stiver for Zillow, Edited by Silvestri Properties You may have noticed the words “sale pending” on a property listing or as one of our filter options on Zillow. In real estate, pending means the house…
Read MorePros of Buying a Home: Is It Better to Buy?
Buying a home in order to build equity is one of the main financial reasons prospective buyers jump into the market, but many people also yearn for the satisfaction of home ownership. Written for Zillow by Shawna Stiver, Edited by Silvestri Properties Buying a home is one of the most significant financial decisions you’ll make,…
Read MoreCan I Buy a House With Student Loan Debt?
A loan officer breaks down what you need to know about student debt and owning a home. Written for Zillow by Alexis Beneveniste, Edited by Silvestri Properties Student loans are undoubtedly a daunting financial obstacle, so it’s only natural to feel like they’re holding you back from owning a home. But buying a house with…
Read MoreWhat Is an ALTA Settlement Statement?
Written for Redfin by Carson Sperry, Edited by Silvestri Properties An ALTA settlement statement is a standardized, itemized disclosure form used in home sales to show the complete breakdown of all the money changing hands at closing. This document was created by the American Land Title Association (ALTA) to provide a transparent accounting of all…
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