First, let me confess…. as I sit down to write this blog, I have ransacked my son’s Halloween bag to muster up the energy… Now, that that is off my chest, I can move on with things…. wow, don’t I feel better!
Tax appeal results have been mailed out – and should have been received by now. If you didn’t receive them, reach out to me, and I will let you know how you did. First and foremost, if I did your appeal you got some sort of relief. The appeals I did resulted in reductions of anywhere from $2600 in assessed value, to $162,000 in reduced tax assessment. I think that’s pretty incredible. On average, there was a 19% reduction in taxes for the upcoming year, and an average savings of about $1900 per client. A total of 60 appeals with a total reduction of $3,249,000!
If you missed out on the tax appeal this year, we can give it a shot next year. You can appeal every year (if it makes financial sense) between July 1 and August 15. At this point, I plan on offering this service for free again next year.
The market seems to be picking up – and if you know someone that should be buying – push them. PHFA has a program that has rates as low as 3.75%! That’s just plain ridiculous! There are some income requirements and purchase price limits ($216k in Berks, $290k in Montgomery County). Beyond that, you can still get a conventional mortgage in the 4′s!
Buyers seem to be moving now – I actually had two offers on one property, and recently lost a property because it sold the day of our scheduled second showing.
Please, keep in mind that buying or selling isn’t the only time you need a Realtor – just ask my 60 clients who got their taxes lowered!!!