PROPERTY TAX RATE INFORMATION
Property taxes in our area typically have a base tax rate
between 1.0% to 1.1%.
properties in our area have special assessments. Special assessments pay for
our city services, schools, parks, etc. The special assessments vary from
neighborhood to neighborhood. You will notice the newer neighborhoods have
higher special assessments than the older neighborhoods. As our cities continue
to grow, we are in need of more parks, schools, road ways, fire protection,
etc. to accommodate all the people. The amount of the special assessments need
to be added to the base tax amount to find the total percentage of the property
As your Realtors®, we will check with the county tax
assessor’s office for a complete list of special assessments and the amounts.
Property taxes and special assessments are part of being a homeowner. Our communities are filled with great neighborhoods,
parks, shopping and top rated schools. We all pay our property taxes to live in
this beautiful place and to reap all the wonderful benefits that come with it.
All mortgage loans require you obtain homeowner’s insurance
(also known as hazard insurance) to protect both parties from fire, etc. Check
with your automobile insurance company to see if they offer hazard insurance.
If you decide to insure both your auto and home with them, they may even give
you a discount. Your monthly payment amount will depend on how much coverage
you need. For example: You may have precious gemstones or fine art in your home
worth lots of money. If there was a fire, you would want those items covered in
addition to the coverage on your house. Therefore, the more you have covered
the higher your monthly payment. Shop around just like you do for your auto
insurance and always check your homeowner’s policy to see what is covered.
LOAN INTEREST RATE
Rates vary depending on your credit history, FICO score,
debt to income ratio, employment history, and so much more. Before looking at
homes, always talk to a loan officer first to find out how much house you can