7th
Homestead Portability - good news for buyers looking to snap up a deal. Here is how you can calculate, using the property appraiser’s website in your area, what your new tax bill could be. I recorded this a while ago, but just used the calculation today and wanted to share the results.
We just ran some numbers for a buyer who is looking to upgrade their home, and is able to get an incredibly good deal on a house in a neighborhood not far from where she lives. The house is much bigger, with a pool, and with the low purchase price, low interest rates available, and now the new homestead portability factor - her new mortgage payment will end up being less than what she had on her current smaller home.
Now that’s some good news! Talk in the media is negative towards housing - and there are important facts that are relevant to the soft market right now - I’m not making light of those facts…
But there are some good stories as well. If you need to move to get a bigger home - the market isn’t so scary. The deck is stacked in your favor. Lot’s of homes to look at, negotiaing power, low interest rates, and lower taxes too.
If you want to take advantage of the market right now and want to discuss options, call anytime. 877-8GO-GREEN or 954-217-9518