Property Taxes– sometimes called an ad valorem tax, is a tax on real estate and some other types of property. Local governments assess property tax, and the property owner pays the tax. The property tax is usually based on the property location and how much it’s worth. This is your home’s assessed value will likely … Continue reading “Home Ownership- 5 Expenses You Can’t Avoid”
If you’re planning to sell your home, having your property appear on the MLS gives you a big advantage. An MLS listing that can be accessed in an online search on any number of real estate sites by anyone, anywhere, makes it easier for prospective buyers to find your home. The more people who see … Continue reading “How to List your Property on the MLS for a Small Fee”
Despite the global pandemic and the economic recession, the housing market surged in 2020. Sales activity stalled in the spring, but home sales roared back in the summer and sales activity wassustained through the end of the year. Demand for homeownership has been strong throughout the pandemic, fueled by historically low mortgage rates. The major … Continue reading “Year End Sales Report for Virginia”
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As of today, there is nothing you need to do to get a stimulus payment. The IRS will begin work to issue stimulus payments using the most recent information they have on file, likely from your 2019 tax return, either by direct deposit or by check. If you have an adjusted gross income (AGI) of … Continue reading “A Second Stimulus Check”
When something appears to be too good, it almost always is. Property listing scams naturally aim to steal your money. Scammers will try to get you to send a funds for a security deposit or move-in fee without ever seeing the apartment, and they’ll keep the money without any meaning of renting to you. Follow … Continue reading “How Can You Tell If a Property Listing Is a Scam?”