The Easiest way to save 50% on property taxes (or more) is to research the property tax rates areas have before moving. In my county alone there are 86 different permutations of what your tax rates can be based on township/city and school district. Most of the time people only …
You MUST do this before buying a house: Look into Mortgage Credit Certificates (MCCs) in your area. The MCC is a VERY little known about program that can provide a $2,000 tax credit per year (and in some cases more), every year you have a loan on your house. Each …
Buying a first house is a big step in life, and it is often extremely difficult to reach. I advocate, as do many financial advisers that putting down 20% and getting a 20 year mortgage or less is the best way to buy a home. That isn’t to say it …
I am a big fan of tax credits, but what I don’t like is when they are made unnecessarily complicated…like this one. If you can figure out the ins and outs of this tax credit, it is possible to save up to $1,200 per year. The Michigan Homestead property tax …