When refinancing or purchasing a new home, one of the items that a title company researches are the property taxes. Although every homeowner pays property taxes across the county, determining your specific property taxes has many variables. These variables coincide with different aspects of your home’s location and your home’s assessed value. Depending on the taxing authority, your taxes…
Personal Finance Terms You Need to Know (No Matter What Your Age Group)
Lots has been written about how the various generations handle money. Millennials have been traumatized by economic disaster; Gen X isn’t saving for retirement; boomers are spending their kids’ inheritance. Maybe these things are true and maybe they aren’t, but it comes down to this: Everyone needs to manage debt, save money and plan for the future. Without an understanding of common…
Buying A Home Is Now 38% Cheaper Than Renting
Is renting or buying a better financial bet? Every six months, Trulia.com’s chief economist Jed Kolko runs the numbers to answer that question and help you stay on top of the trends. So what does Trulia’s Winter 2014 Rent vs. Buy Report tell us? Although the gap between renting and buying is narrowing across the U.S., home ownership is still 38% cheaper than renting.
Homeowners…
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