#property-taxes

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#ballot-measures
from New York Post
11 hours ago

Homeowner's guide to 2024 ballot measures - including one state that could eliminate property taxes

Homeowners should weigh the implications of property tax ballot measures, considering both potential savings and the benefits of public services funded by those taxes.
from www.mercurynews.com
2 months ago

Ballot questions tackle high property taxes that come with rising home values

Property tax ballot measures may lead to cuts in public services across several states, particularly in Colorado.

Homeowner's guide to 2024 ballot measures - including one state that could eliminate property taxes

Homeowners should weigh the implications of property tax ballot measures, considering both potential savings and the benefits of public services funded by those taxes.

Ballot questions tackle high property taxes that come with rising home values

Property tax ballot measures may lead to cuts in public services across several states, particularly in Colorado.
moreballot-measures

Editorial: Voters, here's what they're trying to hide about local bond measures

Local bond measures are property tax increases lasting at least 30 years.
Elected officials often mislead voters about the tax implications of bond measures.
Voters should thoroughly evaluate ballot wording beyond the first part of guides.
#homeownership
from 24/7 Wall St.
3 weeks ago
Books

This Is the Biggest Problem With Buying 'Too Much' House

Maria is facing financial stress due to rising homeownership costs and must evaluate her situation carefully.

Buying a home? Here's a primer on property taxes.

Property taxes in Massachusetts are high but manageable compared to New Jersey; however, homebuyers should be prepared for potential increases.

An Expert Reveals the 3 Biggest Things That Could Spike (or Slash!) Your Property Taxes

Property taxes are critical for funding local services and are calculated based on property size, location, and assessed value.

Soaring Cost of Insurance and Property Tax Is the Top Risk for Triggering Mortgage Delinquencies, Survey Finds

Hidden costs of homeownership, like rising insurance, are a main risk for mortgage delinquencies.

Think Your Property Taxes Are High? See How Much Homeowners Pay in the Cheapest and Most Expensive States

New Jersey has the highest property taxes in the U.S., with homeowners paying a median of $9,345 annually.
Democratic stronghold states in the Northeast generally have higher property taxes compared to Southern, red states.

Ontario couple who bought their home a year ago now say it's become a mortgage nightmare | CBC News

Fernanda Santos and Gustavo Pereira of London, Ont., knew the housing market was wildly overpriced in March 2022, but felt pressured to become owners, so they bought a three-bedroom home in the east end for $730,000."Everybody said to us you should buy as soon as you can doesn't matter if you like it or not, just buy and get into the market," Santos, 34, recalled in an interview with Rebecca Zandbergen, host of CBC Radio's London Morning.

This Is the Biggest Problem With Buying 'Too Much' House

Maria is facing financial stress due to rising homeownership costs and must evaluate her situation carefully.

Buying a home? Here's a primer on property taxes.

Property taxes in Massachusetts are high but manageable compared to New Jersey; however, homebuyers should be prepared for potential increases.

An Expert Reveals the 3 Biggest Things That Could Spike (or Slash!) Your Property Taxes

Property taxes are critical for funding local services and are calculated based on property size, location, and assessed value.

Soaring Cost of Insurance and Property Tax Is the Top Risk for Triggering Mortgage Delinquencies, Survey Finds

Hidden costs of homeownership, like rising insurance, are a main risk for mortgage delinquencies.

Think Your Property Taxes Are High? See How Much Homeowners Pay in the Cheapest and Most Expensive States

New Jersey has the highest property taxes in the U.S., with homeowners paying a median of $9,345 annually.
Democratic stronghold states in the Northeast generally have higher property taxes compared to Southern, red states.

Ontario couple who bought their home a year ago now say it's become a mortgage nightmare | CBC News

Fernanda Santos and Gustavo Pereira of London, Ont., knew the housing market was wildly overpriced in March 2022, but felt pressured to become owners, so they bought a three-bedroom home in the east end for $730,000."Everybody said to us you should buy as soon as you can doesn't matter if you like it or not, just buy and get into the market," Santos, 34, recalled in an interview with Rebecca Zandbergen, host of CBC Radio's London Morning.
morehomeownership

Opinion: Proposition 5 would turbo-charge tax hikes, increase local debt

Proposition 5 threatens to raise property taxes and revert to pre-Proposition 13 conditions, endangering homeowners' finances.
#reverse-mortgages
from www.housingwire.com
3 weeks ago
Real estate

Mayor who recommended reverse mortgages calls comments regrettable'

Mayor Misha Pride suggested reverse mortgages for seniors facing rising property taxes but later regretted his comment, seeking broader tax relief solutions.

High property taxes in Maine? Mayor says to consider a reverse mortgage'

The mayor acknowledges rising property taxes are a challenge for those on fixed incomes, suggesting a reverse mortgage as a last resort option.

Mayor who recommended reverse mortgages calls comments regrettable'

Mayor Misha Pride suggested reverse mortgages for seniors facing rising property taxes but later regretted his comment, seeking broader tax relief solutions.

High property taxes in Maine? Mayor says to consider a reverse mortgage'

The mayor acknowledges rising property taxes are a challenge for those on fixed incomes, suggesting a reverse mortgage as a last resort option.
morereverse-mortgages

'Mansion tax' aims to make rich pay their fair share, says Finance Minister Jack Chambers

Introduction of a 6% mansion tax for properties over €1.5 million to create a progressive tax system.
The measure is designed for revenue generation and equitable taxation.
The government emphasizes that this tax is not aimed at reducing house prices.

Travis County passes budget with a focus on justice reform - Austin Monitor

Travis County's FY 2025 budget reflects a significant investment in mental health and legal services, impacting property taxes for homeowners.

Bay Area's $20 Billion Housing Bond Pulled From Ballots, Leaving Advocates 'Heartbroken' | KQED

A proposed affordable housing bond in the Bay Area was withdrawn from the ballot, facing significant legal and financial scrutiny.
#real-estate

Texas Megachurch Pastor's Jaw-Dropping Six-Home Compound Hits the Market for $15 Million

A $15 million compound in Spring, Texas, offers opulent amenities and was formerly the residence of a megachurch founder.

His Brownstone Is Worth $5.4 Million. Why Is His Tax Bill So Low?

Property taxes in NYC are disproportionately lower for high-value homes compared to lower-value ones.
City's property tax system is criticized for its unjust nature, burdening lower-income homeowners and apartment owners more.

How to Make Money In Real Estate: A Beginner's Guide to Investing

Photo-Illustration by Realtor.com;Photo: Getty Images Curious to learn more about how to make money in real estate?Are you itching to invest?We don't blame you-real estate can be a solid investment as part of an overall portfolio, and a great way to ramp up cash flow.But what's the best way to invest in real estate-without too much risk?

Texas Megachurch Pastor's Jaw-Dropping Six-Home Compound Hits the Market for $15 Million

A $15 million compound in Spring, Texas, offers opulent amenities and was formerly the residence of a megachurch founder.

His Brownstone Is Worth $5.4 Million. Why Is His Tax Bill So Low?

Property taxes in NYC are disproportionately lower for high-value homes compared to lower-value ones.
City's property tax system is criticized for its unjust nature, burdening lower-income homeowners and apartment owners more.

How to Make Money In Real Estate: A Beginner's Guide to Investing

Photo-Illustration by Realtor.com;Photo: Getty Images Curious to learn more about how to make money in real estate?Are you itching to invest?We don't blame you-real estate can be a solid investment as part of an overall portfolio, and a great way to ramp up cash flow.But what's the best way to invest in real estate-without too much risk?
morereal-estate
from Los Angeles Times
2 months ago

LAUSD puts $9 billion in bonds on ballot that would update campuses and raise property taxes

Los Angeles Board of Education approved a $9 billion school construction bond, impacting property taxes for homeowners.

Equity theft is now illegal in Massachusetts, making it possible for some who lost their homes to get money back

A new law in Massachusetts bans 'equity theft' by requiring municipalities to return any remaining equity to former homeowners after selling foreclosed properties.

City budget writers outline some rate increases - Austin Monitor

Property taxes are the largest revenue source for Austin's General Fund, with sales taxes being the second-largest.

Opinion | It's Time to End the Quiet Cruelty of Property Taxes

Property taxes contribute to racism and wealth inequality
Local officials and tax assessments perpetuate disparities

His Brownstone Is Worth $5.4 Million. Why Is His Tax Bill So Low?

Homeowners in NYC's fancy properties enjoy low property taxes, burdening lower-income neighborhoods.
Disparities in property tax rates in NYC are widely considered unfair, prompting calls for system reform.

Santa Clara has no money to meet $624 million in infrastructure needs

Santa Clara faces a $624 million infrastructure deficit due to aging facilities and lack of maintenance.
Cities across the Bay Area, like San Jose and Berkeley, also struggle with significant infrastructure funding challenges.

Tax Deductions for Renters: How To Use Your Rent Costs to Your Advantage

Renters can qualify for valuable tax deductions related to self-employment or property taxes.
Homeowners are not eligible for the home office tax deduction, but renters may benefit from this deduction.

Editorial: East Bay voters should OK only one of four school bond plans

School bond measures are a form of borrowing that require repayment through property taxes.
Evaluation of bond measures includes analyzing spending plans, financing details, and existing taxes.
#proposition-19

Inheriting a Home in California? Here's What You Need to Know | KQED

Proposition 19 in California has made it more difficult to keep inherited homes.
If a family's home is a multi-unit building, only the parents' unit will qualify for a reassessment exemption.

Thousands of California homeowners can cut their property tax bill. Here's how

Many homeowners in Southern California are not taking advantage of the $7,000 homeowner's exemption, resulting in $30 million in extra tax payments.
Signing up for the exemption is especially important for homeowners hoping to take advantage of Proposition 19 and transfer their homes to their children without a reassessment for property taxes.

Inheriting a Home in California? Here's What You Need to Know | KQED

Proposition 19 in California has made it more difficult to keep inherited homes.
If a family's home is a multi-unit building, only the parents' unit will qualify for a reassessment exemption.

Thousands of California homeowners can cut their property tax bill. Here's how

Many homeowners in Southern California are not taking advantage of the $7,000 homeowner's exemption, resulting in $30 million in extra tax payments.
Signing up for the exemption is especially important for homeowners hoping to take advantage of Proposition 19 and transfer their homes to their children without a reassessment for property taxes.
moreproposition-19

More California homeowners can now get mortgage help via state program. Are you eligible?

California has extended the requirements for the California Mortgage Relief Program to provide additional assistance to eligible homeowners.
The program aims to help those with missed property taxes, late mortgage payments, reverse mortgages and partial claims or loan deferrals taken during the COVID-19 pandemic.
#toronto

Mayor Olivia Chow to release 2024 Toronto budget proposal | CBC News

Toronto Mayor Olivia Chow will release her full 2024 budget proposal, which includes an 8% increase in residential property taxes.
The Toronto police budget could see an increase of $20 million, although city staff have recommended $7.4 million.
The budget proposal does not address the dispute between the city and federal government over funding for refugee claimants in Toronto's shelter system.

Mayor Chow to drop proposed Toronto property tax rate hike to 9.5% | CBC News

Mayor Olivia Chow will recommend a property tax increase of 9.5%, lower than the city staff proposal of 10.5%
Chow's goal is to balance investing in city services and addressing Toronto's $1.8-billion deficit

Mayor Olivia Chow to release 2024 Toronto budget proposal | CBC News

Toronto Mayor Olivia Chow will release her full 2024 budget proposal, which includes an 8% increase in residential property taxes.
The Toronto police budget could see an increase of $20 million, although city staff have recommended $7.4 million.
The budget proposal does not address the dispute between the city and federal government over funding for refugee claimants in Toronto's shelter system.

Mayor Chow to drop proposed Toronto property tax rate hike to 9.5% | CBC News

Mayor Olivia Chow will recommend a property tax increase of 9.5%, lower than the city staff proposal of 10.5%
Chow's goal is to balance investing in city services and addressing Toronto's $1.8-billion deficit
moretoronto

Miami-Dade mayor wants county voters to approve $2.5B borrowing plan in November

Miami-Dade Mayor Daniella Levine Cava plans to ask voters to approve a $2.5 billion borrowing plan tied to property taxes.
The bond referendum, called '305 Future Ready,' would fund sewer extensions, affordable housing, and other long-term government projects.
The borrowed amount would be paid back through property taxes over multiple decades by selling bonds on Wall Street.

Kathy Hochul's Housing Plan Calls Legislators' Bluff

Governor Kathy Hochul challenges state legislators to cede control to New York City on property taxes and housing density.
State legislators refuse to let the city reduce taxes on rental projects and make conversions of office properties illegal.
from www.nytimes.com
10 months ago

Columbia and N.Y.U. Would Lose $327 Million in Tax Breaks Under Proposal

New York lawmakers are proposing legislation to eliminate property tax breaks for Columbia University and New York University.
The funds from the eliminated tax breaks would be redistributed to the City University of New York.

Cook County treasurer urges owners to pay late property taxes

Property owners in Cook County are urged to pay their back taxes before tax liens occur.
The annual tax sale for delinquent property taxes will take place from Jan. 9-12, 2022.
#people

Labour says huge BP profits are unearned windfall of war'

Opposition parties have renewed their calls for the government to close a loophole in its windfall tax on energy giants after BP said it made more than half-a-billion pounds more than expected in just three months.The oil giant said it made just under 4bn in underlying profit between January and March, citing a strong performance in its oil trading business.

Bay Area school enrollment has plummeted. So why has student population spiked in this East Bay city?

For 18-year-old Grace Holmes, there's one thing that speaks to the population explosion in her hometown more than anything else: the stairwells at her high school in Dublin."I'm stepping, then I'm pausing, then I'm waiting five seconds, then I'm stepping again," said Holmes, a senior at Dublin High.

Bay Area school enrollment has plummeted. So why has student population spiked in this East Bay city?

For 18-year-old Grace Holmes, there's one thing that speaks to the population explosion in her hometown more than anything else: the stairwells at her high school in Dublin.I'm stepping, then I'm pausing, then I'm waiting five seconds, then I'm stepping again, said Holmes, a senior at Dublin High.It's just crazy to see that many kids.

The Advantages Of Buying A Smaller Condo Boston Condos For Sale Ford Realty

The advantages of buying a smaller condo
Many people are reaching the point in their lives when they need to decide where they want to live when they retire.If you're a Boston condo owner approaching this stage, you have several options to explore.Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

"As we see the transition of the large Baby Boomer generation age into retirement, it will be interesting to see if they move in with their Millennial and Gen Z children or if they stay put in their own homes."

Sterling Bay unveils latest plan for new Fulton Market apartment tower

Fulton Market is already one of the nation's hottest housing markets, and another massive apartment tower is likely to break ground before the end of the year.Developer Sterling Bay unveiled Wednesday night during a virtual community meeting its latest plan for phase one of 1300 W. Carroll Ave., a 515-foot structure that company officials say they hope to secure city approval for in the coming months.

Tax warning for second-home owners with French carte de sejour

The post-Brexit carte de sejour was intended for Brits already living in France before the end of 2020 as a relatively easy way to regularise their status.However in the case of some second-home owners, this could lead to trouble with the French tax man.Who's affected?We're mainly talking second-home owners here, but it covers anyone who spends a significant amount of time in France without actually living here.

Labour says huge BP profits are unearned windfall of war'

Opposition parties have renewed their calls for the government to close a loophole in its windfall tax on energy giants after BP said it made more than half-a-billion pounds more than expected in just three months.The oil giant said it made just under 4bn in underlying profit between January and March, citing a strong performance in its oil trading business.

Bay Area school enrollment has plummeted. So why has student population spiked in this East Bay city?

For 18-year-old Grace Holmes, there's one thing that speaks to the population explosion in her hometown more than anything else: the stairwells at her high school in Dublin."I'm stepping, then I'm pausing, then I'm waiting five seconds, then I'm stepping again," said Holmes, a senior at Dublin High.

Bay Area school enrollment has plummeted. So why has student population spiked in this East Bay city?

For 18-year-old Grace Holmes, there's one thing that speaks to the population explosion in her hometown more than anything else: the stairwells at her high school in Dublin.I'm stepping, then I'm pausing, then I'm waiting five seconds, then I'm stepping again, said Holmes, a senior at Dublin High.It's just crazy to see that many kids.

The Advantages Of Buying A Smaller Condo Boston Condos For Sale Ford Realty

The advantages of buying a smaller condo
Many people are reaching the point in their lives when they need to decide where they want to live when they retire.If you're a Boston condo owner approaching this stage, you have several options to explore.Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

"As we see the transition of the large Baby Boomer generation age into retirement, it will be interesting to see if they move in with their Millennial and Gen Z children or if they stay put in their own homes."

Sterling Bay unveils latest plan for new Fulton Market apartment tower

Fulton Market is already one of the nation's hottest housing markets, and another massive apartment tower is likely to break ground before the end of the year.Developer Sterling Bay unveiled Wednesday night during a virtual community meeting its latest plan for phase one of 1300 W. Carroll Ave., a 515-foot structure that company officials say they hope to secure city approval for in the coming months.

Tax warning for second-home owners with French carte de sejour

The post-Brexit carte de sejour was intended for Brits already living in France before the end of 2020 as a relatively easy way to regularise their status.However in the case of some second-home owners, this could lead to trouble with the French tax man.Who's affected?We're mainly talking second-home owners here, but it covers anyone who spends a significant amount of time in France without actually living here.
morepeople
#vice-president

National Grid plans to hike gas bills by 17%, files plan with regulators | amNewYork

By Christian Murray Posted on April 28, 2023 Photo courtesy of National Grid Sign up for our amNY Sports email newsletter to get insights and game coverage for your favorite teams National Grid, the utility giant that supplies natural gas to 1.9 million customers in New York City and Long Island, plans to hike rates by about 17% on its residential users.

Lenders: Looking to simplify closings? Work with an insurance agency

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty.HousingWire: How is today's market shaping the need for a better customer experience particularly when it comes to closings?

National Grid plans to hike gas bills by 17%, files plan with regulators | amNewYork

By Christian Murray Posted on April 28, 2023 Photo courtesy of National Grid Sign up for our amNY Sports email newsletter to get insights and game coverage for your favorite teams National Grid, the utility giant that supplies natural gas to 1.9 million customers in New York City and Long Island, plans to hike rates by about 17% on its residential users.

Lenders: Looking to simplify closings? Work with an insurance agency

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty.HousingWire: How is today's market shaping the need for a better customer experience particularly when it comes to closings?
morevice-president

Renovated 1956 house on the market for nearly $6.7 million

A view of the open-concept main level in the renovated mid-century modern house.(Constance Gauthier)This house, with its fancy white oak cabinetry, cathedral ceilings and walls of windows, wasn't always so extravagant.When renowned economist Alice Rivlin owned the property, in Northwest Washington's Forest Hills neighborhood, it was still a basic one-story mid-century modern house with a basement.
#responsibility

Successor trustees need to recognize the value of presale seller inspections

Question: We are getting ready to sell our deceased uncle's Silicon Valley house.The sale of the home's contents and vehicles is complete.My cousin, a co-successor trustee, claims that presale seller inspections are a waste of money.He bluntly ended the group email to relatives, If homebuyers want realty inspectors, let them pay for them.

How Much Should I Spend on a House? 5 Tips to Help You Make a Decision

Once you've decided to , the next step is to decide how much you can realistically afford.To help you get started and make the process easier, here are five tips to follow when deciding how much you should spend on a house.1. Understand what percentage of your income should go toward your mortgage
To calculate how much you can afford to pay for a mortgage each month, start by adding up your gross annual income from all sources, including salary, wages, tips, and commissions.

Successor trustees need to recognize the value of presale seller inspections

Question: We are getting ready to sell our deceased uncle's Silicon Valley house.The sale of the home's contents and vehicles is complete.My cousin, a co-successor trustee, claims that presale seller inspections are a waste of money.He bluntly ended the group email to relatives, If homebuyers want realty inspectors, let them pay for them.

How Much Should I Spend on a House? 5 Tips to Help You Make a Decision

Once you've decided to , the next step is to decide how much you can realistically afford.To help you get started and make the process easier, here are five tips to follow when deciding how much you should spend on a house.1. Understand what percentage of your income should go toward your mortgage
To calculate how much you can afford to pay for a mortgage each month, start by adding up your gross annual income from all sources, including salary, wages, tips, and commissions.
moreresponsibility
#public-schools

Austin Democrat introduces bill that would change the way public schools are funded in Texas

TEXAS, USA State Representative Gina Hinojosa wants to change the way public schools are funded in Texas, calling the old system archaic.The Democrat from Austin says her bill, HB 31, would base funding on total enrollment, not attendance, and would help all students.Right now we're one of only six states to deduct funding when a child is absent, the Democrat explained on Inside Texas Politics.

Where Do Property Taxes Bite (and Where Do They Nibble)?

Buying a home in an area where property taxes are high can add a substantial amount to your monthly outlay.Unfortunately, taxes aren't going away, but remember, they're often the largest source of funding for schools, roads and infrastructure, garbage collection, law enforcement and other services we expect.

Austin Democrat introduces bill that would change the way public schools are funded in Texas

TEXAS, USA State Representative Gina Hinojosa wants to change the way public schools are funded in Texas, calling the old system archaic.The Democrat from Austin says her bill, HB 31, would base funding on total enrollment, not attendance, and would help all students.Right now we're one of only six states to deduct funding when a child is absent, the Democrat explained on Inside Texas Politics.

Where Do Property Taxes Bite (and Where Do They Nibble)?

Buying a home in an area where property taxes are high can add a substantial amount to your monthly outlay.Unfortunately, taxes aren't going away, but remember, they're often the largest source of funding for schools, roads and infrastructure, garbage collection, law enforcement and other services we expect.
morepublic-schools
#years

Some Austin residents without power for seven days

AUSTIN, Texas Austin Energy was still dealing with some remaining outages on Tuesday.In North Austin, cleanup continues a week after the ice storm came through, with some still without power."We have been without power since last Wednesday," Austin resident Aubrey Berkowitz said.Berkowitz said it's been frustrating, and the outage has impacted his marketing business over the past week.

US drops bid to extradite British businessman linked to Russian oligarch

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The US has dropped a bid to extradite a British businessman accused of conspiring to violate sanctions imposed by the US government on a Russian oligarch.Graham Bonham-Carter, 62, was arrested by the National Crime Agency (NCA) last October, accused of funding properties bought by Oleg Deripaska and expatriating his artwork.

Residents In These 7 States Could Still Get Up To $1,500 In Stimulus Checks

Gather up those W-2s and 1099s: Tax time is just around the corner.Unfortunately for most Americans, refunds will likely be smaller than last year due to a lack of Economic Impact Payments and a smaller, far less generous Child Tax Credit.But although pandemic-era federal stimulus payments and Expanded Child Tax Credit payments are, sadly, things of the past, residents of some states will have a little windfall to look forward to.

Renting Rather Than Buying? Here's Where You'll Save the Most.

For the past few years, frustrated home buyers have been able to take some comfort in the fact that, in many parts of the country, renting a home has been cheaper than owning one with a mortgage.According to a recent study by LendingTree, in 2021, the difference between median gross rent and median costs for homes with a mortgage in the nation's 50 largest metro areas was $564 a month.

Some Austin residents without power for seven days

AUSTIN, Texas Austin Energy was still dealing with some remaining outages on Tuesday.In North Austin, cleanup continues a week after the ice storm came through, with some still without power."We have been without power since last Wednesday," Austin resident Aubrey Berkowitz said.Berkowitz said it's been frustrating, and the outage has impacted his marketing business over the past week.

US drops bid to extradite British businessman linked to Russian oligarch

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The US has dropped a bid to extradite a British businessman accused of conspiring to violate sanctions imposed by the US government on a Russian oligarch.Graham Bonham-Carter, 62, was arrested by the National Crime Agency (NCA) last October, accused of funding properties bought by Oleg Deripaska and expatriating his artwork.

Residents In These 7 States Could Still Get Up To $1,500 In Stimulus Checks

Gather up those W-2s and 1099s: Tax time is just around the corner.Unfortunately for most Americans, refunds will likely be smaller than last year due to a lack of Economic Impact Payments and a smaller, far less generous Child Tax Credit.But although pandemic-era federal stimulus payments and Expanded Child Tax Credit payments are, sadly, things of the past, residents of some states will have a little windfall to look forward to.

Renting Rather Than Buying? Here's Where You'll Save the Most.

For the past few years, frustrated home buyers have been able to take some comfort in the fact that, in many parts of the country, renting a home has been cheaper than owning one with a mortgage.According to a recent study by LendingTree, in 2021, the difference between median gross rent and median costs for homes with a mortgage in the nation's 50 largest metro areas was $564 a month.
moreyears

Boston Condo Purchase & Sales Agreement - Written By AI (Artificial Intelligence) Boston Condos For Sale Ford Realty

Boston Condo Purchase & Sales Agreement - Written by AI (Artificial Intelligence)
I started this week, by prompting ChatGPT (artificial intelligence) to write a Boston condo purchase agreement as a test of its accuracy.I figured if artificial intelligence can be used for legal work it can be used to write a purchase agreement.

Back Bay Sellers: Costs To Sell Your Back Bay Condo Boston Condos For Sale Ford Realty

The Boston condo for sale market is speeding toward our busy Spring market, and it's a good time to get familiar with the basic costs involved when you sell your Back Bay condo.Having a solid grip on what it will cost you to sell is important as you plan your move.Here are the primary costs you can expect when you sell your home:
The seller agrees to pay broker commissions, which are typically 4-5% of the sale price.

Chicago mayoral candidate profile: Willie Wilson

Willie Wilson ran for mayor in 2015 and 2019; traveled the country as part of a long-shot campaign for president in 2016, where he appeared on the ballot in a handful of states; and challenged U.S. Senator Dick Durbin in 2020.Originally from Louisiana, Wilson ran away from home with just an elementary education and moved to Chicago, where he owned several McDonald's franchises and started a medical supplies company.

Permit to relocate home prevails over proposal to renovate - Austin Monitor

Wednesday, January 25, 2023 by Ava Garderet
The Historic Landmark Commission voted unanimously at its regular meeting Jan. 11 to permit the relocation of a house at 2203 E. Cesar Chavez St., which was initially proposed for reuse and rehabilitation.The owner of the property, Myung Lemond, was a major contributor to this decision.
#san-francisco

J.P. Morgan Chase Buys Retail Portfolio in California

MetLife's Robert Merck, Chase bank property (Loopnet, Getty, MetLife) J.P. Morgan Chase has acquired a 22-property California portfolio that it previously leased from MetLife, The Real Deal has learned.The package, which totals 252,000 square feet, changed hands in a $138 million deal, according to a source with knowledge of the transaction.

Just Approved: Reverse mortgage credit line pays off hard money loan

Mortgage broker: John Holmgren, Holmgren & Associates.Property type: Single-family home in Kensington.Property value: $1.155 million.Loan type: FHA HECM Adjustable Rate Credit Line.Loan amount: $371,568.Rate: 7.105%.Backstory: My client inherited his home in Kensington several years ago.The home had a lot of deferred maintenance that needed to be remedied before he could move into it.

J.P. Morgan Chase Buys Retail Portfolio in California

MetLife's Robert Merck, Chase bank property (Loopnet, Getty, MetLife) J.P. Morgan Chase has acquired a 22-property California portfolio that it previously leased from MetLife, The Real Deal has learned.The package, which totals 252,000 square feet, changed hands in a $138 million deal, according to a source with knowledge of the transaction.

Just Approved: Reverse mortgage credit line pays off hard money loan

Mortgage broker: John Holmgren, Holmgren & Associates.Property type: Single-family home in Kensington.Property value: $1.155 million.Loan type: FHA HECM Adjustable Rate Credit Line.Loan amount: $371,568.Rate: 7.105%.Backstory: My client inherited his home in Kensington several years ago.The home had a lot of deferred maintenance that needed to be remedied before he could move into it.
moresan-francisco

A Third of California Homeowners Pay No Mortgage

2.4 million homeowners in California, or 33 percent of all property owners, own their properties free and clear (Illustration by The Real Deal with Getty) A third of California homeowners own their properties free and clear.Nearly 2.4 million homeowners across the state in 2021 had no property mortgage, the third highest among the states and Washington, D.C., the Orange County Register reported.
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