Archive for November, 2009
Thursday, November 26th, 2009
Seller lived there for one month rehabbed home, property has been on market now for 4 months.
Unless something was wrong with the first appraisal, the appraiser was black listed, there was something that needed fixed on property, I dont see why they need a second one. Usually there is a ...
Posted in home property appraisal | 1 Comment »
Thursday, November 26th, 2009
Currently taxes in the area are going for 8k should i be concerned once i do repairs and value goes up so can my Property taxes? Dramatically? Currently 4k for the current value.. Whom can I consult about this before buying a foreclosure home and its taxes?
What livin said! ...
Posted in home property prices | 4 Comments »
Thursday, November 26th, 2009
If someone accuses you of stealing personal property an the police get involved can they get a search warrant?
I mean all they have is the person accusing us of stealing it because we were there when it "disappeared" but they don't have any real proof saying that we stole it. ...
Posted in home property search | 5 Comments »
Thursday, November 26th, 2009
Real estate agent is saying that we will get back at close the taxes paid in 2007, is this possible. I know that we will get balance of escrow from mortgage company.
You will get a tax proration for taxes paid in the year you close. If you close ...
Posted in home property sales | 2 Comments »
Thursday, November 26th, 2009
I want to know once married will we both be able to take the tax deduction from turning my home into rental property when we file jointly
you will file a Sch E for the rental property and as such you will have more than the taxes and interest that are ...
Posted in home rental property | 4 Comments »
Thursday, November 26th, 2009
how much harriet pay in taxes this year
A mill is how much tax you pay per $1000 (from mille=1000) assessed value. So, $20* ($80,000/1000)=$1600
Posted in vacation home property | 2 Comments »
Thursday, November 26th, 2009
I am considering going abroad for over a year and renting out my home in the meantime. Would I be able to deduct all the same stuff as usual (e.g. mortgate interest and property taxes)?
The short answer to your questions are yes. There might be additional things you may ...
Posted in home property rentals | 5 Comments »
Thursday, November 26th, 2009
We live in Michigan and this is what is happening. Aren't taxes calculated based upon the home/property value?
Right. Property taxes are based on valuation as per the tax assessor. Remember though that the assessor looks at property value completely different than the average market home buyer. Taxes are assessed ...
Posted in home property values | 3 Comments »
Thursday, November 26th, 2009
Because taking care of a pool is costly and time consuming. It has to be cleaned or algae grows (yuck!). You have to put chemicals in the water. You have to check the PH balance of the water to make sure its right. You have to do a weekly backwash. ...
Posted in home property value | 17 Comments »
Thursday, November 26th, 2009
I contracted a surveyor to stake the property line around my home and was told that they don't use the paper plot plan, but some sort of "gun" to determine the boundaries. Is it GPS?
they use the "gun"
but its not a gun it is a special ...
Posted in homes property | 2 Comments »