Top Ten Facts To Know Before Becoming A New Home Buyer-Fact #6 – The Woodlands
  • Active Listings in The Woodlands

    Free Real Estate Services

    Market Data

    Community Information

    Site Sponsor

    Michele Flory and Company - Team Photo

    Feed

    Do the math ... affordability of homes depends on many factors
    I did some math this morning when I saw 30-year mortgage rates still under 4%. That's unbelievably l...
    Ask George and Chuck
    Should I buy a home with my boyfriend? Can I take over my neighbor's mortgage?...
    Ask George and Chuck
    How can I get out of my listing agreement? Why has my bank cancelled my home's foreclosure?...
    Demystifying exchanged-property timelines
    The start of 2012 has many investors looking for bargain properties, sometimes in bunches. The ways ...
    Selling this spring? Start cleaning now
    Spring is the busiest time of the year for selling a home. The trees are budding, the grass is green...
    Ask George and Chuck
    Why do I need to fill out a form to see property? Can a seller accept another offer during our negot...
    Don't take anyone's word for it
    Negotiations were tense when I bought a used backyard play house for my two-year-old. The seller wan...
    Tell it like it is ... or else
    If you're selling your house, why would you tell potential buyers about the stuff that's wrong with ...
    Ask George and Chuck
    Can I evict my tenants?...
    Ask George and Chuck
    How many homestead exemptions can we claim?...
    Return of once-popular investor loan makes sense
    Two years ago, the National Association of REALTORS (NAR), one of the largest professional membershi...
    Ask George and Chuck
    Doesn't water damage have to be disclosed? Why won't my lender call me back?...
    Texas economy still best; 2012 looks to mirror 2011
    On New Year's Eve, many bid farewell to the old year by singing "Auld Lang Syne" lyrics that include...
    Got a complaint against a mortgage company?
    As of Dec. 1, 2011, consumers can file complaints against mortgage companies with the federal Consum...
    Ask George and Chuck
    How do I gain access to my neighbor's townhouse? Can I run a business from my apartment?...
    Could you save more money when buying? It doesn't hurt to ask
    I think I lost some money. How? My wife and I probably would have qualified for assistance when we b...
    Ask George and Chuck
    Does my significant other have to be on the deed?...
    Ask George and Chuck
    Who certifies inspectors? How do I get a property's mineral rights?...
    Ask George and Chuck
    Can the county make me pay taxes from before I owned a property? What constitutes normal wear and te...
    Why pricing your home from a Web site could cost you thousands of dollars
    Home valuation Web sites are great ... except when they're wrong ... which is most of the time....
    New tools to help manage your vacation rentals
    An old friend of mine who owns and operates a small development company showed up in town for a week...
  • June 7, 2006

    Top Ten Facts To Know Before Becoming A New Home Buyer-Fact #6

    Post Category: Real Estate — Greg Flory @ 3:46 pm

    Fact #6
    Watch for those appraised values: A builder often gets his mortgage company to qualify you based on the assessed value of the unimproved property. When the property gets reassessed with the improvements of a home, the increase in taxes can place a tremendous financial strain on a budget based on a lower tax assessment.

    A sound investment idea! Let us review property taxes in the neighborhood that have been reassessed with improvements and make sure you are comfortable with the house payment based on the future tax. In this way, you know your future obligations before you purchase.

    No Comments »

    No comments yet.

    RSS feed for comments on this post. TrackBack URI

    Leave a comment



    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74