ShareIf the increase in the upfront PMI and the increase in the monthly PMI for FHA buyers, wasn’t bad enough, it looks like these homeowners will also lose the tax deduction for these costs at the end of the year.…
The Great Recession and Attitudes Toward Home-Buying
ShareResearch Institute For Housing America: Special Report In the last few years, Americans have experienced the most severe housing-market downturn since the Great Depression. The national homeownership rate during this period has declined from a peak of 69 percent in…
Have You Been Cheating On Your Taxes???
ShareBefore I get too far into this article, I want to remind you that I am a real estate professional, not a tax professional. When we work our way through the home buying process, buyers almost always ask about property…
Requests For Property Tax Reductions In Sacramento County
ShareYou may have missed this post last month, so I am publishing it again. Its November now and you should have recently received your property tax bill. Do you believe that your house has dropped in value and is worth less…
Is Your Home Worth Less Than It Was Last Year?
ShareDo you believe that your house has dropped in value? If so, it is time to request a reduction in your property taxes. The Sacramento County Tax Assessor accepts requests until November 30th each year. Proposition 8, which passed in 1978, amended…