Death and taxes, right? With state and local municipalities in dire fiscal straits, higher property tax bills can be expected. Any change in a home’s assessment goes though a tax assessor’s office. This requires homeowners to document and request a reduction. Just calling in to yell that your bill is too high will not cause the tax assessor’s office to make a change to a bill. Here are some tips that will help you understand and perhaps lower your tax bill.
The real estate market is a fickle lady these days. Homeowners are continuing to take on home improvement projects to enhance their living space. If you hope to recoup all the dollars spent on home improvements, pick projects wisely. Prioritize projects that will add value to a home without adding to monthly costs and most of all determine how far to take a project. The National Association of Realtors (NAR) conducts an annual survey reports what home projects add the most value to a property. For instance the number one ranked project is upgraded siding which is reported to increase value by over 100% of what it cost to complete.