How To Protest Property Taxes

govacreative — Wed, 01 Jun 2022 17:39:00 +0000

Protesting property taxes is always a hot topic around this time of year since this is when people receive the newest assessments of their property values. Many homeowners have seen their property values increase anywhere from $50,000 to $100,000, which has a huge impact on how they’re taxed. Luckily, if your property has been overvalued by your county, you can protest it. Today I’ll discuss how and when to protest your property taxes and cover a few changes to the homestead exemption that you should be aware of.

Follow along in the video above or use the timestamps below to navigate the discussion at your leisure:

0:00 — Introduction

0:54 — Changes to the homestead exemption

2:51 — Your home’s appraised value vs. its assessed value

3:18 — Requesting an evidence package when protesting your taxes

3:49 — Research the central appraisal district’s record card

5:02 — Take pictures of any disrepair or negative influences around your property

6:01 — A form to guide you through the protesting process

6:33 — Wrapping up

If you have any further questions about protesting your property taxes or anything else to do with real estate, give me a call or send me an email. I look forward to hearing from you.

Rising Rates Will Change What You Can Afford

govacreative — Fri, 01 Apr 2022 08:00:00 +0000

Let’s talk about interest rates and how they affect you as a buyer.

If you’re planning to purchase a $280,000 home and put 20% down, you would have a monthly payment of $1,869 at a 3.25% interest rate. Right now, our interest rates are sitting around 4%, so that same house and down payment cost $2,014 a month. That’s a difference of $118 every month.

That might not sound like much, but every time that monthly payment increases, it’ll raise your taxes, insurance, and more. If you stayed in that home for seven years, you’d be paying $14,240 more in interest for that 0.75% climb in rates.

Interest rates are staying steady for now. However, if you’re planning to buy, waiting and letting rates rise might not be the best idea. I know many people are worried about the high prices, but interest rates will have a bigger impact on what you can afford.

If you have any questions, feel free to call us at (210) 324 -7469. We would love to help.

Listing / Buying Tips – M. Stagers Realty Parnters | Real Estate

How To Protest Property Taxes

Rising Rates Will Change What You Can Afford