As you consider purchasing a home, there are many elements to think about. You'll need to negotiate the contract, obtain the right loan, and handle the closing process. You are thinking about money the whole time. The problem though is that you may not have factored in taxes. Real estate taxes are a part of both the home buying process and, in some areas, down the road as well. It is ultimately up to you to ensure you pay your taxes promptly and that you plan for them now, before you buy that home. What should you know about taxes?
Paying Your Taxes
In real estate, many people pay real estate taxes. That is, these are annual or every six month payments to the county government. The funds from these taxes are often used to fund schools, county road…
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