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572 Kearny Avenue

Kearny, NJ 07032

(201) 991-5719

homes@midrealty.com

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“Let’s Talk Real Estate! “THE REALITY OF TAXES” May 20th, 2020

Mid Realty officeJarlynn Hyde

Lets Talk Real Estate!

“THE REALITY OF TAXES” 

 When you are buying a property, you should make sure you have a thorough understanding of the current taxes on the home. This is important because it can affect your ability to afford the home now and in the future. Important questions include how the taxes are calculated and what the tax rates are. Find out how the property is assessed, how often, and when it was last assessed. Look at the history of the taxes and assessments over the past ten years. If you are confused about terminology involved-words like tax assessment, mill rates, market value, and exemptions–ask your real estate agent. You may even be interested in attending a local tax board meeting. Just because they are inevitable doesn’t mean they are understandable. Although we are not financial advisors, we consider it an important part of our services to give you as much information as possible about this major issue of buying a new home. Contact us today if you need help with your real estate plans. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”

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