Property Tax Appraisal Process Ever wonder how the appraisal district gets their appraised value? HOW THE HOME APPRAISAL PROCESS WORKS There are several factors that play a role in how homes are appraised each year and how homeowners are taxed on them. MASS APPRAISAL In January, appraisal districts–which are entities of the state–begin determining market…Read more
Which bills will affect property taxes?
Which Bills Will Affect Property Taxes? The 86th Texas legislative session ended May 27, and the final deadline for Gov. Greg Abbot to sign or veto legislation was June 16. House Bill 3, which has repercussions for Conroe ISD and surrounding schools districts in the form of additional money allocated for students as well as…Read more
The way most Americans buy a home could be one of their biggest hurdles to getting rich, says an author who studied 10,000 millionaires
The 30-year mortgage is one reason most people don't become millionaires, according to the author Chris Hogan, who surveyed 10,000 American millionaires. He did the math: A homeowner with a $225,000 mortgage at a 4% interest rate could save more than $87,000 in interest by opting for a 15-year fixed mortgage over a 30-year fixed…Read more
Tax Benefits of Homeownership After Tax Reform
Tax Benefits of Homeownership After Tax Reform Buying a home can be a major expenditure. Fortunately, federal tax benefits are still available, even after recent tax reform legislation, to help make homeownership more affordable. There may also be tax benefits under state law. Mortgage interest deduction One of the most important tax benefits of owning…Read more