Did you fall out of your chair when you received your property tax bill? Do you think your assessor is wrong? Did you know you CAN do something about it? In Illinois, property taxes are based on the market value of your home. Assessed values are required by law to be based upon the three… Read more
Last year we published an article on the property taxes in DuPage County, Illinois. In the table below which is listed in order from towns with the highest tax assessment rate to the lowest, see how your property tax rate compares to other communities in DuPage County. We’ve included tax years 2012 and 2013 and… Read more
According to Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment on the purchase of a new home. He shared this information at midyear legislative meetings held in… Read more
In my financial blog I just posted an article that is pertinent to the world of home ownership. The gist is that it usually doesn’t make sense to pay down your mortgage.