property tax: BE AWARE: CALIFORNIA REAL ESTATE WITHHOLDING TAXES MAY APPLY - 09/30/08 01:00 PM
BE AWARE: CALIFORNIA REAL ESTATE WITHHOLDING TAXES MAY APPLY
Real estate withholding is the prepayment of California State Income Tax for sellers of California real property. Real estate withholding is not an additional tax on the sale of real estate. It is a prepayment of the income or franchise tax due
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property tax: Warning...Colorado Springs Sales Tax Increase possible in 2008 (Part 2) - 09/28/08 11:04 AM
Since there has been a bit of comments on my first post Warning...Colorado Springs Sales Tax Increase possible in 2008, and some new background information appeared in this weeks Falcon Herald, I thought a follow on post was warranted.
In my previous posting, I question the motivation behind so many government
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property tax: Michigan's Principal Residence Exemption - 09/26/08 11:27 AM
What Qualifies as a Principal Residence?
This is no doubt one of the most frequently asked questions I am asked.A "principal residence" is defined by section 7dd(c) of the Michigan General Property Tax Act,MCL 211.7dd(c), as follows:"'Principal residence' means the 1 place where an owner of the property has his or
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property tax: Remember to Claim your Homeowners Tax Exemption! - 09/23/08 02:15 PM
Homeowners in North Idaho benefit from a substantial reduction in property taxes when they occupy the home as their primary residence. But to receive it, you must apply! This exemption is provided by state law and deducts 1/2 of the assessed value of the home and garage (not the land) up
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property tax: Property Tax Calculator for Homeowners - 09/22/08 08:59 AM
A Property tax Calculator Added to Fizber.com for Consumers.
Miami Beach, FL (PRWEBFizber.com) September 2, 2008 — When relocating to a new area or purchasing that second home, there are often questions which arise regarding the single word feared by many Americans… Taxes! Fizber.com launched a Property Tax Estimator on their
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property tax: Cuyahoga County Tax Rates: Strongsville Real Estate - 09/13/08 11:04 AM
Posted by: CJ Harrington
Provided by: Cuyahoga County Auditor
Date: 09/13/08
For More Information!
Check Out Our Website:
www.cjharrington.com
For FREE Buyer AND Seller Reports!
Or call my cell phone at 440.336.0612.
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property tax: You Can't Forget Property Taxes - 09/08/08 04:14 PM
When you are ready to buy a home, it is important to meet with a loan officer.
You need to discuss your credit score and interest rates, the price range you qualify for, what your total monthly payment will be, and various loan programs.
On the Internet there is
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property tax: Property Tax Reassessment - 09/04/08 05:32 PM
This post is more related to California properties based on our property tax code and the famous 1978 passing of Prop 13. If you are not familiar with that proposition, it, among many other things, limited the counties ability to increase the assessed value of a property to 2% a year.
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property tax: Property Tax Amendment 5 Taken Off Ballot by Florida Supreme Court - 09/03/08 06:33 PM
Today, September 3, 2008, the Florida Supreme Court has ordered that Amendment 5, which deals with property tax reform, be taken off the November election ballot. Previously a circuit court judge had ordered the amendment's removal from the ballot saying the wording was "misleading". This ruling was appealed to the
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property tax: California Property Tax Appeal Deadlines Approaching - 08/26/08 09:01 AM
California Property Owners,
Jim Guffey from the Property Tax Experts company CAPTA wants you to know the deadline for filing your 2008 Proposition 8 appeal is as soon as September 15 in some Counties. Have you filed your appeal?
Click Here for step by step instructions in CAPTA's "Do it yourself
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property tax: See How Easy It Is To Dispute Your Property Tax Assessment - 08/26/08 07:25 AM
“In this world nothing can be said to be certain, except death and taxes.”
Benjamin Franklin - In a letter to Jean-Baptiste Leroy, 1789
I received an email from a client of mine who had purchased a home in Tallahassee back in 2004. Like many citizens of Florida, he is
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property tax: You Can Save Money - 08/21/08 06:52 AM
So what are you waiting for? You can save money by working to reduce your property taxes.
My company is located in California and we are the property tax experts in this state, working maily on commercial properties buy also on SFRs valued at over $1mil. I have already written a
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property tax: Buyers Beware... FL Home Sale May Trigger Tax Reassessment - 08/20/08 09:45 PM
Buying a new home? Don't rely on the previous owner's tax bills to estimate what you'll be paying! According to Florida Statute 689.261, titled "Sale of property; disclosure of ad valorem taxes to prospective purchaser,"A prospective purchaser of residential property must be presented a disclosure summary at or before execution of
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property tax: Free Information From an Expert-Appeal Your California Property Tax Value - 08/19/08 10:41 PM
If you are a homeowner with a tract home or typical single family residence, here it is: the step by step summary to getting your California property taxes reduced. Free. You don’t have to pay an agent or consultant or attorney. You don't have to register. You simply must follow these
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property tax: The Good, The Bad, and The Ugly - 08/17/08 06:58 PM
The good of course is Team Savoie, your local real estate professionals. The bad is the current state of the economy. I say current because it will get better. I know there are some that would have you believe that the economy is and will forever be terrible. In respect to
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property tax: Devereaux, Cary, NC: Mid-range pricing. High-end beauty! - 08/08/08 09:29 PM
Devereaux is a desirable neighborhood of single family homes in Cary, NC. The neighborhood is located off of NC 55. The popular northwest Cary location provides easy access to Research Triangle Park and Raleigh-Durham International Airport.
The community was developed in the late 90’s by Beazer homes. Homes in
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property tax: Johnston County NC Property Taxes - How Much Will I Pay To Live in Clayton or Smithfield? - 08/07/08 05:49 AM
Raleigh Relocation Package - Tax Rates
Johnston County NC Property Taxes - How Do They Compare?
How To Read 2008-2009 Property Tax Rate Charts
Whether you're considering relocating from one side of the Triangle to the other, or coming to the Raleigh area from Florida, New Jersey, New York, or elsewhere, you've probably wondered what
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property tax: Your actual cash flow - 08/05/08 12:11 AM
Here is how to calculate your cash flow truthfully:
1. Enter Line 22 (Income or loss from rental property) from your IRS 1040 Schedule E2. Add Line 20 (Depreciation) from your IRS 1040 Schedule E3. Subtract the amount by which you paid your mortgages on the rental property down (from your
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property tax: Amendment 1 and You - 07/31/08 08:20 AM
If you are a Florida homeowner and are thinking of moving to another home within the state of Florida, now is a great time to do so. Since Amendment 1 passed you are allowed to take your property tax cap with you when you move, while also doubling the previous exemption
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property tax: Let's Pro-rate the Michigan "Homestead" tax for ALL buyers, all year! - 07/24/08 06:25 PM
Need more buyers? You can truly help effect change! Buyers who purchase a home in Michigan after May 1st are currently stuck with whatever property tax designation is on the home at the time of the closing.
Michigan Realtors can help more people buy homes by supporting bill HB 5334. Let's
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property tax: Your Homes Assessed Value Has Nothing to Do With Actual Value. - 07/21/08 09:45 PM
Beauty is in the eye of the beholder, and so is value. A home or a piece of real estate is only worth what a buyer is willing to pay for it. Just because you purchased a home at 200K does not mean that a buyer will pay that same amount
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property tax: Questions on Property Taxes in Michigan - 07/20/08 07:54 PM
Lynn's Frequently Asked Questions from home owners about property taxes in Michigan. I am posting this so there is an easily accessible search. Please feel free to add comments on questions from clients, or ask questions if you are a Michigan home buyer or seller.
Answers Copyright 2008, By Lynn
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property tax: New Real Estate Investors Free Seminar Southfield, Michigan, Hosted by National Real Estate Network - 07/20/08 07:13 PM
New Real Estate Investors Can Make Money in Michigan’s Market with Proven Systems, one of which has been Beta Tested for 5 Months with Great Results
July 26th 2008 Special Workshop for making money in our Michigan market with out putting your dollars at risk
Southfield, MI--National Real Estate
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property tax: Amendment 5 to have its day in court - 07/18/08 06:01 PM
Amendment 5 to have its day in court TALLAHASSEE , Fla. – July 17, 2008 – If Florida voters pass Amendment 5 in November, property taxes will drop by 25-40 percent, but the amendment must first face a court challenge. A Tallahassee judge will hear arguments on Aug. 13, and the
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property tax: Cary, NC, Real Estate: Northwoods, Affordable homes to Luxury-something for everyone! - 07/06/08 09:04 PM
Northwoods is a group of neighborhoods, a PUD, that was developed from the 1960's through the late 1990’s in Cary, NC.
Northwoods is conveniently located near I 40. Just a short drive down Harrison Ave brings you to exit 287 on I 40. Plenty of shopping is
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property tax: Tax Assessment Appeal - Homeowners paying too much in taxes - 06/27/08 01:36 AM
Lets face it, most areas of the US have seen declining property values in the last year or so. Yet, in most areas, property taxes have gone up or stayed the same. Show your clients you are a true professional and suggest that they appeal their property tax assessment (if it
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property tax: Cary North Carolina (Wake County) Tax Rate Changed Yet again! - 06/21/08 09:30 PM
Well I have written about property taxes in Wake County North Carolina several times this past two months. It seems to be a hot topic. Because North Carolina revalues property every eight years, and their property taxes are than based on that value, the city and county governments must make
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property tax: Are You Paying Too Much In Property Tax? - 06/13/08 01:30 PM
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property tax: Property Tax Appraisal - 06/13/08 03:12 AM
Appraisers What's Your Marketing Strategy?
With over 60% of homes in America over assessed this leaves a large number of potential clients available to provide valuations for assessment disputes. How will you reach them?
"With new regulation set to be passed eliminating appraiser and lender relationships it is important
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property tax: the 9 proposed amendments Floridians vote on this November - 06/10/08 08:09 PM
... and what an amazing list this is. Clicking on each one should, I say should, take you to the full text of the amendment on the Florida Department of State, Division of Elections website. If it does not, go there by copying this link into your browser:
http://election.dos.state.fl.us/initiatives/initiativelist.asp?year=2008&initstatus=ALL&MadeBallot=Y&ElecType=GEN
Relating to
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property tax: Twilight Open House - This Saturday June 7th - Atlanta - 06/05/08 08:15 AM
250 AMAL DRIVE #9005 ATLANTA, GA 30315
Join us at out Twilight Open House
Saturday, June 7th 4:00 p.m. - 7:00 p.m.
MLS# 02438976
www.250amaldrive9005.com
Chic 2-story Townhome located minutes from the heart of Downtown Atlanta.
Tax Abatement,
Low HOA,
Down Payment Assistance Allowed.
Features:
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property tax: Los Angeles County - Property tax savings due to decline in value - 06/03/08 05:05 PM
Your property tax may go down due to the value review of Los Angeles County Homes.
Los Angeles Country Assessor Rick Auerbach announced that a decline in value review of homes in LA County was completed. Because of the decline in the real estate market, review was done to assure properly
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property tax: Using Spidey Sense to Invest in Real Estate - 06/02/08 04:21 PM
Peter Parker could tell you that with great power comes great responsibility.
Let's adjust this adage for the world of real estate investing: With great reward comes great risk.
Many of us shy away from the word "risk", trying to avoid it whenever possible. But is risk such a bad thing?
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property tax: Edmonton Property Taxes Going Up In 2009 - 05/30/08 11:28 PM
Many Edmonton property owners found a gift of the 2008 tax assessment in their mailbox this week. Although the heavy envelopes probably weren't met with squeals of glee they will certain be more pleasant than what will hit your mailbox next year. Expect property taxes to increase by at least 9%
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property tax: Minnesota Veterans-2008 Omnibus Tax Bill-Minnesota Legislature-Veteran Real Estate Tax Exclusion - 05/23/08 11:21 PM
MINNESOTA GIVES DISABLED VETS A TAX BREAK ON THEIR HOMES PROPERTY TAXES!
This is HUGE news! Fantastic news for disabled Vets or a surviving spouse-the State of MN is going to recognize your service to our country in the form of a taxable exclusion of your home's value. The provision will
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property tax: Tax reassessment - always learning new things! - 05/22/08 02:25 PM
As part of our mortage brokerage, we have a broker-owned escrow company through LandAmerica and Virtual Escrow. If any of you have looked into this before, we highly recommend it!
Besides the flexibility and income that Virtual Escrow provides, it also means that we end up learning a lot about title
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property tax: Fountain Hills Voters Reject Property Tax - 05/21/08 09:20 AM
For those of you who don't know, yesterday was a local election day. Here in Fountain Hills there were only two items on the ballot, two candidates vying for one final Town Council seat and a property tax referendum.
Okay, so it was a short ballot, but the issues were pretty important to the
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property tax: Homeowners Reduce Your Property Taxes - 05/11/08 10:40 AM
REDUCING REAL ESTATE PROPERTY TAXE IS FREE!
Every homeowner in Sacramento County, Placer County, El Dorado County and Yolo County need to be aware of the latest scam.
I can' t believe all the people who stoop so low to take advantage of people.
Listen up, this is really going on
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property tax: TIC Property Taxes Get More Transparent - 05/08/08 01:03 PM
TIC's: San Francisco's attempt to work around the condo lottery which is designed to keep rental housing on the market and available for renters. The condo lottery limits the amount of conversions allowed in any given year. The TIC concept provides wanna be owners with another vehicle that is less
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property tax: Property Tax Assessments: Disputing Additional Items - 05/07/08 11:56 AM
Property taxes are one of the biggest expenses of owning a home, other than paying the mortgage, especially if you live in an area with Mello Roos assessments on top of the regular taxes. Many areas of Santa Clarita do have the Mello Roos assessments (or sometimes called CFD if you bought
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property tax: Prop 8 - Reducing Your Property Tax Burden in Riverside County - 05/06/08 08:03 PM
Prop 8
If
you purchased
a home in Riverside
County
between 1998 and
2001 you saw the value of that property shoot up by nearly 155%
before the
cooling trend started in 2007. That means a home purchased in 2001 for $300,000
may have sold for as much as $765,000
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property tax: Princeton Homes- Revaluation Extension Period Announced - 05/02/08 06:14 AM
It was announced last week that Princeton Township and Princeton Boro will have a one year extension on their property revaluation excercise. Originally, the revaluation was expected to be completed by 2009. The municipalities have elected not to approve the current bids for revaluation and allow for more time to ensure
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property tax: Important Property Tax Reassessment Info for Pasadena CA Homeowners - 04/25/08 09:49 AM
If you are a homeowner in Pasadena or any of the Los Angeles County areas and your home value has declined, this article is for you. Today, I had an opportunity to meet with and interview Carol Wong Quan. Carol is a Special Assistant with Los Angeles County Assessors office. She was
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property tax: South Carolina Property Tax Changes Could Stimulate Market - 04/25/08 07:12 AM
The South Carolina State House passed a bill unanimously on Wednesday of this week that may have a positive impact on real estate sales in Beaufort County and the state as a whole, provided the State Senate follows suit. Current state law requires an immediate increase of the assessed value of
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property tax: National network of real estate professionals aim to bring awareness to residential property taxes - 04/22/08 02:20 PM
The recent downturn in the housing market has created a discrepancy in a properties actual market value and its assessed taxable value. In response to this market condition Property Tax Experts was formed to provide a resource of information and advice to homeowners.
It is estimated that over 60% of homes
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property tax: Support the No New Home Tax Ballot Measure - 04/21/08 03:53 PM
I am supporting a critical initiative in Arizona to bring a new measure to the November 2008 ballot, and I am asking for your support as well. The initiative is the No New Home Tax Ballot Measure. This ballot measure would prevent State and/or local goverment from imposing real estate transfer taxes. Real estate transfer
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property tax: Get Your Property Taxes Reduced! - 04/17/08 06:17 PM
If you bought your home in the last couple years, there's a better-than-fair chance that your home is now worth less than what you paid for it. So why are you still paying taxes based on what you bought it for?Section 51 of the California Revenue and Taxation Code states that
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property tax: A little information about Arkansas real property taxes - 04/17/08 01:29 PM
Amendment 79 to the Arkansas Constitution created two important savings for Arkansas residents regarding property taxes on their personal residence. The homeowner gets a tax credit. To qualify the taxpaper must use the property as his or her primary residence for at least 6 month each year and be the owner of
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property tax: Lowering Your Propety Taxes in Santa Cruz County - 04/16/08 09:09 AM
Many property owners have experienced declining values since the market changed and do not realize that they may be able to get their tax bill reduced. If you know anyone who purchased property before the market changed, they may be paying too much in property tax. When a property is purchased it
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property tax: Another way to save on Property Taxes. - 04/14/08 02:55 PM
Proposition 13, the voter initiative passed in 1978, allows property owners protection from skyrocketing property taxes. If you are a parent selling or transferring title of your home to your child or a child doing the same to your parents, then your property can be excluded from reassessment under proposition 13. This law
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property tax: Nervous about property tax assessment increases? - 04/12/08 11:35 AM
The January 1st lift on the three-year assessment freeze means some homeowners could see double-digit increases in property taxes this time around. The government, in a moment of benevolence, has decided to spread such increases over the next four years. If you recall, the freeze on increases was caused by homeowner complaints that MPAC was
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property tax: First time Buyers can get a property tax refund in Ontario (UPDATED 9/10/08) - 04/11/08 02:10 PM
We have been telling all our first time Buyers about this one. Who knows how long it will last? It's best to get the lawyer to handle the actual submission but clients can fill out the forms available from the site below and have it ready upon closing of their first
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property tax: Property Tax Reduction in Placer County - 04/10/08 12:25 PM
We have been hearing about how property value has gone down, home prices are low, real estate boom and bust, bubble burst...whatever Well, I am here to bring you some good news for a change. Back in 1979 Placer County passed Proposition 8. Those homeowners living in Placer County, Roseville, Rocklin, Lincoln,
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property tax: Lowering Property Taxes - 04/07/08 09:27 PM
Hi, Its that time of year again - TAX TIME! I didnt' see this posted, but didn't spend an hour looking either so if this is duplicate information please forgive...... It just came to my attention that many people who bought homes around 2004-2006 timeframe may be able to have their property tax
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property tax: As Home Values Decline: Get a Property Tax Break - 04/05/08 02:21 PM
If you have bought recently and now find your home is worth less than you paid, you should consider reducing your property tax. It's real money you can put back in your pocket. How Does it WorkThe Assessor/Recorder (415) 554-5596) will assess your property. Generally, the assessed value is the cash
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property tax: Indiana Sales Tax - 03/29/08 02:57 PM
Have you been placing major purchases like appliances, cars, or even clothes or accessories for your home on the back burner? Now is the time to consider buying those items!! Indiana has enjoyed a comfortable 6% sales tax for the past several years, but that is all about
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property tax: Elkhart County Real Estate Assessors According to Townships - 03/25/08 09:17 PM
Elkhart County is comprised of townships, each with their own property assessors. Current Real Estate Property Tax Rates have not yet been determined for 2007 taxes payable 2008. The first installment is due May 10th each year and the second installment due November 10th of each year. To contact the assessor for
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property tax: San Francisco Property Owners: A Calendar of Important Events - 03/25/08 12:20 PM
Straight from the sfgov web site are the most important dates for property owners in San Francisco. Bookmark this page for reference. Thanks for Reading Howard www.yourpropertypath.com A 450 page real estate resource focused primarily on property management. Your Property PathSF A blog for San FRancisco, trade talk and more for owners and managers
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property tax: More Property Tax Relief For Deployed Patrick AFB Personnel ... FL House Votes Yes. - 03/25/08 09:13 AM
Is More Property Tax Relief On The Way For Veterans? Recently, The Florida State House passed Tax relief for Florida's veterans. What this bill would do is to exempt Patrick AFB military personnel and all military from Ad Valorem property taxes on their Florida homesteaded property while they are doing duty
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property tax: Property Tax on the Big Island - 03/22/08 06:27 PM
Very interesting article about property tax assessments in the Hilo and Puna areas in the Hawaii Tribune-Herald (you may have to register and after another week or so it will be gone).
A couple of quotes:
“Despite declining Big Island real estate values, many landowners are facing higher property taxes —
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property tax: Florida Budget and Tax Panel - 03/19/08 01:58 PM
The Budget and Tax Panel meets once every 20 years, so they wanted their work to count. The recommendation, which we will vote on in November, would cut property taxes in the state by anywhere between 25% and 33% depending on your county. Here in Orange county the number would be
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property tax: We Ignore our Property Tax but hire professionals to handle our Income Tax every year. - 03/18/08 04:12 PM
Like many American's last month I went and visited my accountant to prepare and file a federal tax return. Many thoughts raced through my mind on how to spend my newly found fortune, new clothes, a well-deserved night out or possibly pay down the credit card. Although all of them sounded
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property tax: Lower your Property Taxes - 03/08/08 09:57 AM
This is the time of year for many across the country to get our property tax assessment notices. This could be a surprise to many Americans. With property values falling to record lows, some may actually see that the local tax man has valued their home higher than it actually could
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property tax: Live Cheap or Die, The low cost of ownership in Lincoln NH. - 03/04/08 02:26 PM
Spring View of Loon Mountain from Lincoln NH. The State of New Hampshire's Motto may be "Live Free or Die", But the town of Lincoln Could be live cheap or Die. You see Lincoln New Hampshire is one of the largest towns in total acres (in the state), but at the same
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property tax: Applying For Your Texas Homestead Tax Exemption - No, You Don't Have to Pay! - 03/02/08 12:50 PM
If you've recently bought a home in Texas, or haven't applied for your Homestead Exemption in past and own and live in a home, the deadline for applying for the Homestead Exemption for 2007 is fast approaching. You need to get your application in by April 30. You may find yourself approached
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property tax: Property Value Decline - Will It Lower My Property Taxes? - 03/01/08 12:20 PM
If you have further questions, please do not hesitate to contact me. I work very closely with the city and county and know how to navigate saving you money. You might see a reduction of up to 30% for just 1 hour worth of your time. The deadline is only 1
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property tax: Interesting Tidbits about College Station, TX growth management #1 - 02/20/08 12:22 AM
Howdy to all! Lately, I've been trying to learn about the City of College Station's growth management initiatives. This process has included reviewing the annual operating budgets. I thought I'd take a few mintutes to share some interesting tidbits of information that I've come across. Did you know that according to
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property tax: Striving For Total Automation - 02/17/08 11:46 PM
We all know how competitive this business is. We are always looking for the leg up on our competition. But when it really comes down to it, it's about service not who has the latest gadget, biggest advertisment or best looking business card. With that said, we sometimes forget how inter-twined service
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property tax: Property Tax Rates - 02/12/08 11:09 AM
Frisco, Texas Vs. McKinney, Texas When my clients are looking at purchasing a home in the North Texas area, one of the first things they ask me about is what are the taxes in Frisco, McKinney, Denton, etc. Well, tax rates vary, believe it or not, even within one city. Frisco for example;
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property tax: Pitt property tax values on the rise - 02/07/08 03:38 PM
Glenn Cutrell, county tax assessor said average increases likely would be between 10% to 12%. He stated we could expect a grand majority of properties to have an increase depending on their location. Pitt county manager D. Scott Elliott said the county's ad valorem property tax rate which is currently 71 cents
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property tax: Are Florida's property tax changes enough to help Economy? - 02/06/08 08:01 PM
Will lower property taxes be enough to get people to buy homes in South Florida? It may have helped 18 months ago but many other factors in home buying decision making have changed for the worse. And these property tax reforms only affect homesteaded properties which according to the City of
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property tax: Amendment 1 Passed - 01/30/08 03:03 PM
I am happy that amendment 1 passed yesterday allowing people to move. The homestead portability doesn't cut taxes. but allows people the ability to move to a similar house in Florida and not have an increase in taxes. Save our Homes was established to help prevent people from being taxed out
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property tax: Property Taxes: Based upon an outdated value? - 01/29/08 04:04 PM
In many areas, such as Florida, California and Seattle, mortages obtained during the height of the sub-prime loan debacle are higher than what the home is currently worth in todays market. So what can be done about it? First of all, there is hope out there for people who are being over-taxed. If you
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property tax: Amendment 1: Save Our Homes - 01/28/08 07:55 AM
Florida's January 29th Presidential Primary offers residents the unique opportunity to approve much needed property tax reform. However, is Amendment 1, the so-called Save Our Homes amendment, the right piece of legislation for the job? That's for you to decide. Here is a quick rundown of the amendment's proposed reforms: 1.) Portability
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property tax: Florida VOTE yes on 1 on tuesday!! - 01/28/08 12:09 AM
I am amazed at the amount of confusion, and misinformation that is coming out AGAINST the new homestead amendment. IT seems that Charlie Crist and the Realtors are the only ones pushing for this while every other group is against it. Lowering taxes and crating a more equitable tax solution for Florida
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property tax: Property Appraisers Appraisal Different from Yours? - 01/24/08 10:00 AM
I was looking at my county's property appraisers website the other day and I looked up the assessed value of my home. While I really don't have a problem with the figure they have for me, I imagine that there are alot of people who actually have problems with theirs. So
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property tax: Property Tax Reform in Florida - 01/23/08 08:03 PM
One more victim of the recent real estate crunch. A $20 million plan to create new hotel rooms and retail shops on Swinton Avenue in Downtown Delray Beach has gone bust (read the article here). This is not a good sign for my city. This deal would have created many jobs
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property tax: Why Is Prop 13 Good for California Real Estate - 01/17/08 12:50 PM
Let’s start back in the late 70’s when it all started. Prop 13, also known as the ‘Jarvis Gann Amendment’, was brought on by the overzealous California Tax & Spend boys up in Sacramento. They are still trying to get in your pocketbook today.Back then the average house/property tax percentage was
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property tax: Commercial Real Estate Outlook is good! - 01/15/08 10:49 AM
The National Assoication of Realtors announced that although the downturn in housing captured most of the headlines recently that the commercial indicators remain strong. Personally we had a very strong close to 2007 with a number of sales in December and January has equaled December with a good part of the month remaining.
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property tax: Amendment 1 Conference Call - 01/10/08 09:38 AM
Gov. Crist is hosting a listen only conference call tonight at 6:45pm. Gov. Crist will discuss the importance of the Yes on 1 Property Tax Amendment and highlight the key points of the the amendment. The call is open to everyone who would like to participate. listen only dial in: 888-791-4326 Confirmation Code:
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property tax: Riverside County - Property Tax Appeals - 01/08/08 02:39 PM
Due to the recent and ongoing declines in property values you may be able to have your home re-assessed and the property tax reduced. Riverside County have posted information on their site to start the process. To download the required form CLICK HERE They state: "To learn more about Proposition 8, please watch our PowerPoint
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property tax: San Bernardino County - Property Tax Appeals - 01/08/08 02:35 PM
Due to the recent and ongoing declines in property values you may be able to have your home re-assessed and the property tax reduced. San Bernardino County have posted information on their site to start the process. To download the required form CLICK HERE They state: I. INTRODUCTION The amount paid for property tax on
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property tax: Maryland - Homestead Tax Deduction - 01/03/08 01:04 PM
This year the State of Maryland is going to make all Maryland property owners re-apply for their Homestead Deduction. Property owners who use a residence as their Principle Residence will be receiving (starting Jan 1, 2008) their property tax assessments for 2008. The envelope will contain the standard Tax Assessment Notice as well as 2 additional pages. These pages are NOT
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property tax: As An Investor...Do You Really Want the Nicest Home in the Nicest Neighborhood? - 12/29/07 11:22 AM
The Hemet - San Jacinto Valley has recently been hit very hard with foreclosures and as a result there are some great REO properties available for the savvy investor to buy in Hemet CA.I have been blessed, because I have been able to attract multiple investors from outside our area to
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property tax: Reverse Mortgage vs. Foreclosure - 12/27/07 12:14 PM
Over two months ago, I wrote an article about how reverse mortgage can be a tremendous solution for seniors in avoiding foreclosure. This week, The Wall Street Journal has a story of a 62 year old woman in Atlanta, GA who did just that. Her mortgage payment took up 70% of
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property tax: Buying New Construction in Hemet, CA: Tip #1 - Consider Your Upgrades - 12/23/07 12:51 PM
In today's "Buyers Market" there are many great bargains available in both the resale market as well as the new construction. Make sure you weigh all of your options. In Hemet, CA we do have many great opportunities to buy a home for sale either from the builder, the bank (as
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property tax: Hawaii 2008 Real Property Tax for Honolulu County - 12/15/07 11:22 PM
By: David Kucic RACRS, GRI, ABR, e-PRO, AHWDFirst Sergeant, USA (Ret)Tropic Lightning Real Estate The 2008 Real Property Assessment Notices for Honolulu County home owners were mailed out this week. This information pertains only to the taxes for single family homes, condominiums and townhouses in Honolulu County, Hawaii. Honolulu County is the entire
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property tax: Why Mr. Trump Is Helpin Fla. Governor Raise Money For Fla. Property Tax Amendment? - 12/07/07 07:43 AM
Florida Governor Mr. Crist is working hard to pass on of his campaign promises. Reduce property taxes for homeowners in the state of Florida. The last move he done is to let millionaire Mr. Trump raise money to support the amendment that will be up for voting this coming January.But why
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property tax: Wake County North Carolina Property Tax Assessed Value vs. True Sales Value. The Missing Link is.......MISSING! - 12/04/07 06:53 AM
Now that we have our new Assessed Tax Valuations in Wake County North Carolina, we are seeing the usual suspects come out of the woodwork in and around Cary and Raleigh, and other areas. Already real estate agents are huffing and puffing about assessed tax value, hoping to mislead people regarding the market
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property tax: What is in my Monthly Mortgage Payment? - 12/02/07 11:07 PM
Well the First most important thing when you are obtaining a mortgage on a property is: WHAT DOES YOUR MORTGAGE PAYMENT include? Knowing what type of mortgage you have is part of the answer to this question! Most Mortgage payments include a couple of components. First and (sadly) foremost is the Interest on
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property tax: In Escrow vs. Escrow Account ... - 12/02/07 10:40 PM
With my recent posts about "Escrow Accounts" some folks have emailed me questions about what "Escrow" really means. I want to clear up a few points.... What is "Escrow" or "Being in Escrow" compared to an "Escrow Account" ?? In different parts of the country we have different words, language or terms for the
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property tax: Elderly Tax Exemption Comparison Southern NH - 12/01/07 10:59 PM
I have posted a few times recently regarding the Elderly Tax exemption laws in NH. The rules are determined on a town by town basis though they all follow similar guidelines and can change from time to time. As the state of NH has no income or sales tax the state,
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property tax: PA Homeowners urged to apply for Property tax and rent rebates - 11/30/07 03:53 PM
I blogged about this earlier this year but just wanted to make you aware of the December 31st deadline. The deadline to apply for a Property Tax/Rent Rebate program offering rebates to qualified seniors and residents this year is December 31st. The income limit for homeowners has more than doubled for the
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property tax: Escrow Anaylsis - 11/28/07 11:36 AM
If you do not what an Escrow Account is then read my Post : What is an Escrow Account? What is an Escrow Analysis? Your lender (or the company who services your escrow account), will run a report generally every 12 months. The purpose is to compare the amount of money being put INTO
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property tax: Wake County North Carolina Property Tax: How to submit your Re-Assessment Appeals - 11/21/07 09:11 PM
With the average reassessment increasing property tax valuations 40% on average across Wake County, The first reactions of many people, after a little shock, was "How do I get THIS fixed." Well, don't rush the Wake County Courthouse with torches and pitchforks... It is well-secured. Wake County, NC, Courthouse: You won't get in
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property tax: Lower assessments and higher property taxes - it can happen in some Florida counties next year. - 11/21/07 12:09 PM
Palm Coast, FL - I had an interesting meeting with Jay Gardner, Flagler County's Property Appraiser a few days ago. Our discussion dealt, in part, with Palm Coast and Flagler County's declining property values and the effect the decline might have on individual property taxes next year. Many counties in Florida
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property tax: Washington DC Property Tax Rate lower for 2008 - 11/19/07 10:44 PM
In 2008; Washington DC property owners will be paying lower property taxes. This is the 2nd such cut in the past 2 years in the District of Columbia. The Office of Tax and Revenue has said that because of the substantial market price increases of the past several years; many property owners have paid
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property tax: Wake County North Carolina Property Tax Re-Assessments go public today. Average 40% increase! - 11/19/07 08:51 PM
Sounds bad, right? A 40% increase in assessed Tax Values in Wake County, NC real estate tax values for 2008. There's a little more to the story, as well-reported by WRAL-TV. 1. The property tax bills will not increase by 40% immediately. The Wake County tax rate will be reduced to prevent a massive
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property tax: Maryland Nonresident Sellers Beware: Settlement Proceeds are Subject to Income Tax Withholding - 11/05/07 11:07 AM
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property tax: Columbia MO Property Tax Increase? - 11/04/07 11:26 PM
Election Day Nov. 6th. The only item on our ballot is to approve a 1/2% sale tax increase. I received the "sample ballot" which spoke aobut the 1/2% sales tax increase. At first I thought, another tax increase, gee I can't handle more. However, after learning more about it, I found
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