Tips For Buying a Home in the Winter!

Tips For Buying a Home in the Winter!

There are many advantages to buying a home in the winter months in Lafayette and West Lafayette, Indiana and surrounding communities.  1:  Seller Motivation Since most people prefer not to sell their home in the winter, when they do, it’s more often than not out of necessity.  All the low activity in the winter will result in sellers being more motivated to sell.  Real estate agents know that the slow winter months are when sellers are more willing to negotiate, whether it is on selling price, closing costs, contingencies, closing date or even terms of the sale, including what household appliances and items are included in the sale. 2:  Fewer Buyers to Compete With The most obvious plus of buying and moving in winter is exactly because real estate wisdom says to shop spring and summer.  As a result of this popular piece of real estate advice, there will be fewer buyers in competition during the winter months. It’s simple economics – the low demand will work in your favor.  A buyer’s market means you’ll have less competition, ultimately allowing you to be a bit more choosy when it comes to purchasing a home. Take that time to do some research, comparison shopping and weigh all the pros and cons of buying a particular house.   So if you are considering that wintertime isn’t so bad for buying a home, read on and feel confident when you take that winter, home buying-plunge… Tip #1: Get a Home Inspection Wintertime in Greater Lafayette, IN is probably the best time to put a home to the test. With nearly every system...
Property Tax Exemptions Deadline!

Property Tax Exemptions Deadline!

The Property Tax Exemption Deadline in Indiana is Approaching! Are You Entitled to a Property Tax Exemption?   Did you buy a home or refinance your mortgage this year?  If so, The Romanski Group of Keller Williams Realty, wants to remind you to file your property tax exemptions by the end of the year!  If exemptions aren’t filed or confirmed by December 31, 2015, your taxes could go up substantially.   There are two main property tax exemptions that most homeowners may qualify for:  Homestead & Mortgage.  There are several other property tax exemptions that may be available to you as well.   1 – Homestead Exemption The homestead exemption simply means you are living in the home as your primary residence and it is not a rental house, vacation house, etc.  This is by far the most valuable deduction and can save you up to 50% on your property tax bill.  The homestead deduction is now filed for you in most counties at closing through the sales disclosure, but this is a great time to verify with the county that it is indeed recorded. 2 – Mortgage Exemption The second common deduction is the mortgage exemption.  This deduction is available to homeowners who have a mortgage attached to their property.     Nobody likes paying a dime extra in taxes. Yet when it comes to property tax bills, some homeowners pay too much simply because they aren’t aware they qualify for an exemption.  Deductions are not given automatically, you must apply for them in the Auditor’s office. Tippecanoe County Auditor: (765) 423-9207 White County Auditor: (574) 583-5761 Carroll...