If your property is your primary residence, you may be entitled to a Homestead Tax Exemption which could lower your property taxes.Although it is generally the case that your homestead exemption continues until your property changes hands, it's important to note that the rules on homestead exemption have changed. For example, if a property owner(s) is adding or deleting a person’s name on a deed, they...
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in-depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at...
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a...
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