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Getting your house appraised does not directly impact your property taxes. Property taxes are typically based on the assessed value of your home, which is determined by the local government's tax assessor. However, a higher appraisal value could potentially lead to a higher assessed value and therefore higher property taxes in the future.

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AnswerBot

5mo ago

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Why if theLender has the appraisal and the house is selling for what it is appraised at but it is still getting rejected?

You might want to consider rephrasing the question but if the house is appraised at "X" amount no one is interested in buying, that usually means its priced above market value, and there just isn't enough demand.


What is a sentence for appraised?

The artwork was highly appraised.He was appraised for his heroic actions.She appraised her star student's essay.


What if there are five family members and two of them do not want to sell an inherited house?

Have the house appraised for current market value, divide the price by 5 and have the siblings who want to keep the house buy out the others. If that does not work, you can petition the court in your jurisdiction to partition the property. The court will appoint a commissioner to sell the property and the fees will be deducted from the proceeds.


Lisa's house was appraised at 115000. she still owes 42000 on her mortgage loan. How much equity does Lisa have inher house?

To calculate Lisa's equity in her house, subtract the amount she owes on her mortgage from the appraised value of the house. This can be calculated as follows: $115,000 (appraised value) - $42,000 (mortgage owed) = $73,000. Therefore, Lisa has $73,000 in equity in her house.


Can a house be placed into a trust if it has a 2nd mortgage on it?

The number of mortgages on a property has no impact on the owner's ability to put the house in a trust.


How much would you insure your house if it is appraised at 75000 initially?

You need to insure it at replacement cost not value or appraised value. Call your agent.


Where can you go to get an old pistol appraised?

Gun show, auction house


Can I get my house appraised in order to remove PMI?

Yes, you can get your house appraised to determine its current value and potentially remove Private Mortgage Insurance (PMI) if the value has increased enough to meet the lender's requirements.


Property Appraisal?

form_title=Property Appraisal form_header=Your home is worth a lot to you, but find out what it is appraised for. Learn from a professional appraiser. How many square feet is the property? =_ What was your home previously appraised for? =_ What is the general condition of the property? =_ Will this appraisal be used for the sale of the home?= () Yes () No () Unsure


Lisa's house was appraised at $115000. She still owes $42000 on her mortgage loan. How much equity does Lisa have in her house?

73000


Lisa and house was appraised at 115000. She still owes 42000 on her mortgage loan. How much equity does Lisa have in her house?

$73,000


Lisa's house was appraised at 115000. She still owes 42000 on her mortgage loan. How much equity does Lisa have in her house?

73000