Prairie Eco-Thrifter

MARCH 4, 2014

Buy a house, since it’s an investment. We have to pay for maintenance and property taxes and the interest on the loan. These costs are are only partially offset by the fact that, in the United States, I get a tax deduction for some of them. When I was growing up, my ideas about money were limited. Get a good job.

Money 237

Money Property Taxes United States 2007 237

Prairie Eco-Thrifter

MAY 27, 2014

My Dad offered my spouse and I the opportunity to buy his starter home (which he had converted to a rental) at a very attractive price. We could have bought a house using a zero down VA loan after his service period in the 1970s, but we waited 5 years to buy and paid a full 20% down. I refused to accept offered help.

Real Estate 180

Real Estate College Psychology Property Taxes 180

Savings Corner

DECEMBER 25, 2023

An important metric that your mortgage lender uses to calculate the amount of money you can borrow is the DTI ratio — comparing your total monthly debts (for example, your mortgage payments, including insurance and property tax payments) to your monthly pre-tax income. Or a $400,000 house?

Calculators 52

Calculators Debt Insurance Taxes 52

Prairie Eco-Thrifter

MAY 1, 2013

If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances. And what happens when you add in property taxes, utility, home insurance, and maintenance? Instead of just buying 10 times your annual salary for life insurance, sit down and figure out what your really needs are.

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Prairie Eco-Thrifter

MARCH 14, 2011

Any housing related insurance fees and property taxes are also important to include. In fact, we prefer these products compared to what we can buy in the store. Although you can do this too, we will leave space in the budget for you to buy these items. This would include your monthly mortgage payment or rent payment.

Money 159

Money Property Taxes DSL Frugal Lives 159

Prairie Eco-Thrifter

JULY 13, 2014

They might include things such as fees charged for obtaining a mortgage; cost of home inspections; homeowner’s insurance; title insurance and settlement fees; property taxes or transfer taxes. Deductible closing costs include points or prepaid interest on your mortgage and your share of the prorated property taxes.

Real Estate 186

Real Estate Taxes Insurance Property Taxes 186

Family Balance Sheet

APRIL 11, 2020

I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe. We didn’t have enough cash saved to buy a car without a loan and that wasn’t sitting well with me.

Budgeting 246

Budgeting Budget Family Debt 246

Savings Corner

DECEMBER 25, 2023

Wonder what your house — or a house you might buy — is really worth? The long answer depends on the market and whether you’re asking a lender, an agent or a county tax assessor. Why home value is important Estimating the value of a home you want to buy helps with deciding an offer price.

Home 52

Home Illinois Real Estate Florida 52

Family Balance Sheet

JUNE 4, 2015

Our business was doing well and it seemed like the right time for us to buy. On top of our normal day to day expenses, the new property taxes were due, we had more ownership expenses than we realized, and we had a family to feed. When a building in our town went into foreclosure in 2012, we considered the opportunity to own.

Goals 100

Goals Debt Renovation Daughter 100

Prairie Eco-Thrifter

JUNE 5, 2012

Perhaps your sibling has a drug problem and wants to buy more drugs with the money. Delayed No : Buy time by saying you will get back to them later (maybe they will get the money some other way). She has not been able to pay the real estate property taxes on your parent’s house (which she inherited) and has come to you for help.

Money 264

Money Sister Giving Brother 264

Family Balance Sheet

MAY 6, 2020

Also to top it off, I had a huge property tax due that month for our office building that was going to be difficult to pay for in light of the circumstances. Thankfully, my pragmatic side took over and we decided to replace our tires and take the next year or so to save up enough money to buy a vehicle with cash.

Debt 130

Debt Emergency Fund 2007 2020 130

Savings Corner

DECEMBER 25, 2023

Determining how much mortgage I can afford When buying a home, the question, “How much can I borrow?” As much as you want to buy a home, lenders (likely) want to loan you money. How much money do I need to buy a house? Buying a home always means dealing with big numbers. should be the second question you ask.

Calculators 52

Calculators Illinois Credit Debt 52

The Frugal Girl

MARCH 4, 2024

Alan and I, by choice, bought land in an area with low property taxes. Had we not fallen in love with the locale, it wouldn’t have mattered how low the taxes were, but fall in love we did. I always used to buy heads of romaine lettuce to wash and tear up for salad because it’s less expensive than buying prepped salad greens.

Green And Frugal 180

Green And Frugal Kids and Family Hotel Frugal 180

Family Balance Sheet

JUNE 22, 2020

We have thought about moving to a larger home with more space, but a smaller home means lower utility bills, homeowners’ insurance premiums, maintenance, and property taxes. We buy reliable vehicle brands that are built to drive for many many years. Health Sharing Ministry. We drive older cars.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Savings Corner

APRIL 4, 2024

They may ask for copies of utility bills, lease or rental agreements, property tax bills or credit card statements as proof of address. On the other hand, maybe you’re planning to buy a house in the future and want to simplify your expenses and improve your credit score.

Debt 52

Debt Credit Cards Credit Home Improvement 52