by Erin Romanski | Dec 24, 2015 | Benton County Real Estate, Boone County Real Estate, Buying a Home, Carroll County Real Estate, Clinton County Real Estat, Clinton County Real Estate, frankfort, Homeowner Tips, Howard County Real Estate, Market Updates, Selling a Home, Tippecanoe County Real Estate, Warren County Real Estate, White County Real Estate
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...
by Erin Romanski | Oct 30, 2015 | Benton County Real Estate, Boone County Real Estate, Buying a Home, Carroll County Real Estate, Clinton County Real Estate, Howard County Real Estate, Market Updates, Selling a Home, Tippecanoe County Real Estate, Warren County Real Estate, White County Real Estate
Based on home prices, low mortgage rates, creating wealth and soaring rents, there may have never been a better time to purchase a home than right now. Here are the top five reasons to buy a home now: 1. Supply Has Shrunk With inventory declining in the Greater Lafayette, Indiana area, finding a perfect home may become more difficult going forward. We have many buyers in more and more communities and neighborhoods surprised that there is no longer a large assortment of houses to choose from. The homes in the best locations sell first and sell FAST. If you are searching for a home in Lafayette or West Lafayette and surrounding communities connect with The Romanski Group to get on our instant property notification system and don’t miss the opportunity to get that home of your dreams before another buyer does. 2. Home Prices Are Going Up Prices are projected to appreciate from now to 2018. First home buyers will probably pay more both in price and in their mortgage interest rate if they wait until the spring. Even if you are a move-up buyer, it will wind-up costing you more in net dollars as the home you will buy will appreciate at approximately the same rate as the house you are in now. The latest house price index from the Federal Housing Finance Agency said home prices slightly increased in August, inching up 0.3% from the previous month. The median price of an existing home was $223,300 in June, or 4.3% higher than June 2013. That’s the 28th consecutive month of year-over-year price gains, and economists expect that trend...
by The Romanski Group | May 5, 2015 | Benton County Real Estate, Boone County Real Estate, Carroll County Real Estate, Clinton County Real Estat, Clinton County Real Estate, Howard County Real Estate, Market Updates, Sellers Page Sticky Post, Selling a Home, Tippecanoe County Real Estate, Warren County Real Estate, White County Real Estate
There are many steps you can take to ensure a speedy sale. Setting the right price, making an excellent first impression and selecting the best real estate team with experience and a proven marketing plan are all essential to attracting buyers, but what else can you do to get the offers rolling in? 1. The first component to selling your house fast is making sure you set a competitive asking price. Sellers often think they should start the asking price high and then lower it later if the house fails to sell. But that can result in a slower sale – sometimes even at a lower price. If the price is too high, many buyers and their agents will stay away, assuming you’re not serious about selling or you’re unwilling to negotiate. “The first 30 days’ activity of your house being on the market is always the best activity you’re going to see. When meeting with your real estate agent they should ALWAYS provide you with a comparative market analysis that provides comparable listings and sales similar to your home, as well, as their detailed marketing plan. This is a critical step before moving forward in listing your home. A recent study showed that within the first week your house is on the market it gets four times more visits online than any other time. After approximately 4-5 weeks on the market activity may decline by up to 75% so it is critical to price it right from the start. Starting with a lower price might in fact increase your chances of selling. 2. The second component when selling...
