cincinnati real estate guy: Cincinnati Home Buying Tip #9 - 01/10/08 02:07 AM
Watch Out For Homestead Tax Reduction!
The state of Ohio has expanded the Homestead Exemption program to reduce property taxes for all qualifying senior citizens and permanently disabled homeowners, who are at least 65 years of age. What does this mean to you, the home buyer?When you're planning to make an offer on a property and you're determining what your monthly payment will be, you need to make sure that the property taxes that are being quoted on the Multiple Listing Service information sheet don't include the Homestead Exemption as a credit. Unless you're 65 or older, you won't be getting … (0 comments)

cincinnati real estate guy: Cincinnati Home Buying Tip #8 - 01/03/08 08:24 AM
When deciding on whether you want to purchase a house or condo, you really do have four choices in your decision-making.Your choices are:
Doing nothingYes, no one can force you to buy a home. While most people will greatly benefit from owning real estate, there are a few people, who at certain points in their lives, should continue to rent and not put a financial burden on themselves.Doing it on your ownThis is also an option, but why would you do it? If you needed surgery, would you operate on yourself? If you were going to court, would you represent yourself? Usually … (0 comments)