by Curt Kravitz | Mar 30, 2021 | Community
What are the Exclusions to Avoid Reassessment of Property Taxes? It is important to understand what triggers reassessment of real property and what doesn’t. Let’s look at a couple of examples.1) To avoid property tax reassessment, do NOT transfer real property from...
by Curt Kravitz | Feb 24, 2021 | Community
What Is A Supplemental Tax Bill? I receive many calls from clients’ months AFTER they purchase a resale home or new construction asking why they just received something called a Supplemental Tax Bill. A Supplemental Tax Bill is NOT your regular tax bill. So, what is a...
by Curt Kravitz | Jan 27, 2021 | Community
How Do Impounds Impact Your Loan When Refinancing? Q: How do Impounds (an Escrow Account) for Taxes and Insurance impact your loan when refinancing? There are many borrowers who LOVE an Impound Account! There are just as many borrowers who DISLIKE an Impound Account!...
by Curt Kravitz | Dec 26, 2020 | Community
How Do Changes in the Conforming Loan Limits Affect You and Your Interest Rate? Each year at this time (December), the conforming loan limits are re-set by The Housing and Economic Recovery Act and designated by county. To make this easy to understand, most counties...
by Curt Kravitz | Nov 24, 2020 | Community
How Much Should You Save On a Rate Before Refinancing? That’s a tricky question, but a very important one. People refinance for different reasons, some to pull cash out or adjust the term on their loan. For this purpose, let’s assume a borrower simply wants to do a...
