Property Taxes Due

Property Taxes Due:

 

Hi Clients & Friends,

Its that time of year again.  Property Taxes are Due Today, and become Delinquent on April 10th (For most of us that means they are really due on April 10th)

If you need a "Form for a Request for an Informal Assessment Review" please email me for a copy.  This is for those of you who feel like your property taxes are still too high.  It's Due by 4/30.

You need to fill out the form and return it by April 30th. You need to provide a minimum of 3 Comps. The Tax Assessor notes that this form does not need to be filled out, that every home is assessed every year sometime between January 1st- April 30th, then the Value Statements are mailed in July.  However, filling this form out cannot hurt.  Its free and the Assessor will know you are carefully monitoring your Property Taxes, and it just may save you some money. When you receive your Value Notice in July, you can then decide if you want to make a formal appeal if you disagree with the Value the Assessor has come up with.  That appeal filing period is between July 2- Sept 15th.

Looking for an Agent

Looking for a real estate agent... 

Recently I received the following email from a potential client, "Hi, I am looking to buy a house and need an agent. Are you available and if so can you answer the following questions: 1. What MLS search tool would you provide me? 2. If I found a house on Friday at 7pm, when will you be able to show the property to me? 3. How fast do you respond to emails / texts? Thanks, ZS"  What I read into this email is that most agents are not responsive to today's clients.  I answered his email back immediately, since I have my email directly connected to my i-phone.  I also have access to the Multiple Listing Service, my contacts and anything else that I may need to supply.  I also followed up with a phone call a few hours later since it was provided.  What great service I thought!  Here I sit one week later and I am still waiting for a response...

Sell Smart: How Much is Your Home Really Worth?

Knowing your home's market value can be one of the most important factors when it comes to selling the property as well as refinancing your mortgage, calculating return on improvements made, and calculating your net worth.  Most financial planners will recommend looking to several sources to evaluate your property's value.  Some of your options are:
1.  Contact a few local Realtors- most are willing to prepare a comparative market analysis (CMA) which will provide you with recent sales and available properties which are similar to your property.
2.  Get an appraisal.  Unlike a CMA, an appraisal is not normally free.  Appraisers will require an in-person inspection and will provide you with a detailed description of your property and similar comparable properties.
3.  Research online.  Use websites such as zillow.com, trulia.com, and realtor.com

Pricing your property accurately will acheive the level of interest and number of showings you desire.  If you would like to request a free CMA with no strings attached, email info@thehomsteam.com.

Fannie Mae CEO Michael Williams to Resign!

 

Michael Williams has decided to step down from his position as CEO and president of Fannie Mae, the GSE announced today.

Williams was appointed to the top post at Fannie Mae in 2009, after the company was placed in federal conservatorship. He will continue as CEO and as a director until Fannie Mae's board names a successor, the GSE said in a statement.

Edward DeMarco, acting director of the GSE's regulator, the Federal Housing Finance Agency (FHFA), said his organization will work closely with Fannie Mae's board of directors in searching for a new CEO.

"Mr. Williams' leadership was instrumental in guiding Fannie Mae through the transition into conservatorship and in directing Fannie Mae's efforts to enhance loss mitigation strategies, including loan modification and refinance options to help struggling homeowners," DeMarco said.

"As conservator, I am grateful for Mr. Williams' steadfast dedication to ensuring Fannie Mae meets its public mission of providing stability, liquidity, and affordability to housing finance while both leading his company and working with government officials to that end," DeMarco added.