Investing in real estate is not the right choice for everyone, and investing in commercial real estate is not the right choice for many. However, it may be the right choice for you. If you have already purchased a home or two, and you have considered investing in residential or commercial real estate, we encourage you to read the following articles:
A recent article from Realtor.com provides great news for California homeowners as it reveals a 12.3% annual increase in California home equity values. According to the article other states that were leaders in the nation for increased home equity are Washington, Nevada, Hawaii, and Massachusetts.
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Yes you read that correctly! Lenders are now allowed to Gift Money Back to you at time of loan closing.*
When you consider the loan programs that offer a low 3% down payment, combined with the money Mortgage Lenders can Gift you back toward closing costs, the decision to buy a new home now is very enticing!
Buying a new home is a time of joy and excitement. Deciding what features you want is often the starting point of the journey to find your perfect next home. Real Estate investors are impacting the market with the process of “flipping” homes; where they purchase, remodel, and then resell properties. This provides new homeowners with higher chances of finding a home that is move-in ready, absent of projects and to do items.
The Joy of Home Ownership is certainly one of life’s great highlights, but the joy becomes mixed with questions and concerns when the property tax bill arrives in the mailbox. Homeowner’s understand property taxes provide needed funding for schools, libraries, police & fire departments, road improvements & other infrastructure.
However, what many homeowners do not understand are the factors that may cause their property taxes to increase. If your property tax bill reflects an increase over last year, here are the most common reasons that may be the cause: