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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! It all started years ago when we refinanced our mortgage and were no longer required to send an escrow payment to the bank for real estate taxes and our home owner’s insurance.

Bills 130
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Selling Your Investment Property?

Prairie Eco-Thrifter

Your best strategy may involve situations such as waiting until your income levels go down; gifting your property instead of selling it; waiting for the market prices to go up; selling now, even if at a loss; or living in your property for awhile before you sell it. Real Estate agent commission : Negotiable!

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

This year may go down in real estate history as the year of correction. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Get started: Contact several local real estate agents and talk with them about your needs before choosing one.

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Closing Costs Calculator – NerdWallet

Savings Corner

Closing costs are fees you pay to finalize a real estate transaction. A more detailed list of closing costs appears below, and your real estate agent can help estimate yours for your area and loan type. Closing costs include loan and service fees, taxes, government fees and insurance premiums.

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Benefit from My Financial Mistakes

Prairie Eco-Thrifter

Consequently, I overpaid for cars and real estate my entire life and I let others underpay me for my services. I also wish that we had taken on loans to buy investment property after we got financially established after our first 15 years. Negotiation was not a skill that I learned. I didn’t leverage my money well.

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Homeowners insurance in Iowa is also below the national average. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No. 22 for state and local sales tax. Iowa’s median home price is $239,400, per Redfin data — well below the nationwide median home price of $388,800. The state ranks No.

Iowa 52
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Rent vs Buy Calculator: Should I Rent or Buy?

Savings Corner

We included ongoing payments for rent and renter’s insurance and a one-time security deposit. Your result assumes you’ll deduct on your taxes the costs for mortgage interest, PMI and property tax, and that your marginal income tax is 25%. It takes into account typical spending on home renovations and maintenance.

Rent 52