What Are Real Estate TaxesBetween property, real estate, sales, and capital gains taxes, you’re likely to run in to at least one of them if you’re in the market to buy or sell a home.

Property Taxes

People ask “What’s my home worth” when it’s tax time because property taxes are based on value. Fair market value is the key and the more the home is worth, the more property taxes you have to pay.  The median property tax in Florida is $1,773.00 per year for a home worth the median value of $182,400.00. That is slightly below the median tax in the United States but it’s not insignificant. It’s also something you can’t avoid by ignoring it.

The taxman shall be paid so make sure you take care of it. If you have a mortgage, it’s possible the lender is collecting taxes (and…

3369 Views, 0 Comments

How Much Does It Cost to Build a House from ScratchYou’re ready to build your dream home from the ground up, but where do you start? For most buyers, it begins with a lender. If you’re not paying cash for the build, you need to know how this works.

Most of the lenders you find online, and some of them locally, won’t lend on new construction (if you're building from the ground up and not buying a "new home" in a subdivision). They want to loan money on a known, trusted entity, and building a house is fraught with unknowns.

Here’s everything you need to know about the costs associated with building a house from scratch.

Disclaimer:  This blog is about building a fully custom new construction home on the lot you own. If you're in search for new homes for sale in Davenport, FL for example, you'll likely…

15454 Views, 0 Comments