October 2011

Crawl Spaces and FHA Requirements

October 21, 2011 FHA
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FHA no longer mandates a set height requirement for crawl spaces. However, the appraiser does have to have access to the space for inspection. The picture to the right tends to be the typical crawl space, there is no water, bug infestation (spiders don’t count), or any wiring hazards. FHA also no longer requires a […]

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The Tax Assessor-Should You Let Them In Your Home

October 4, 2011 Appraisal
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Minnesota has what is known as an ad valorem property tax, which means property taxes are divided among taxable properties according to their value. Assessors gather data from Oct 1st,  2010 through September 30th, 2011 (known as the sales study period) to calculate the “market value” for January 2nd, 2012. Homeowners have between April 1st, 2012 and […]

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