Tagged : property taxes

Found 2 blog entries tagged as "property taxes".

What's the first thing buyers look for when they're searching for a new home?
Home prices.

It's the most obvious answer because most of us have a budget we must keep our monthly expenses under. While buyers are typically accurate with what they can afford, they miss the mark when it comes to understanding how much a home actually costs. They leave out figures like taxes, which are often applied to their monthly payments. They leave out home owners' insurance and home owners' association fees, also billed monthly. And they don't take into consideration the ongoing maintenance costs that come with owning a home (often because they were previously renting and weren't responsible for those fees!).

When you begin your home search, get in touch with a…
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It seems so easy. The property taxes are listed right there in the city records! Our clients regularly check those records to get an idea of what their taxes will be when they purchase their new property or home. The trouble? Most real estate agents never even go over property taxes, let alone put a blinding STOP to clients trying to figure them out on their own. Eek!
The taxes on the property you're purchasing are simply-put not the same as the taxes were for the previous owners. In some cases they're far more than what the previous owners were paying, depending on how long they'd been in the property and whether or not they rented it out. And to determine how you'll be taxed on your new property, you need an expert.
With so many nuances involved in

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