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Save Taxes: Negotiate A Reduction in Your Assessed Value

Prairie Eco-Thrifter

If you own real estate, you have been, or someday will be, confronted with a rise in your assessed property value. This usually leads to an increase in your real estate taxes! Increases in your assessed value can sometimes be negotiated downward, saving you tax money. What is assessed value?

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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! Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government.

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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: Research the requirements for the loan you want so you know exactly how much you’ll need to save for a down payment.

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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. Breakdown of costs.

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Benefit from My Financial Mistakes

Prairie Eco-Thrifter

My parents scrimped and saved for years to send my brother and I through state university. 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.

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How to Determine Home Value

Savings Corner

The long answer depends on the market and whether you’re asking a lender, an agent or a county tax assessor. Knowing how to calculate your home’s value with the help of online tools and trained professionals better prepares you to buy, sell, refinance, tap into your home’s equity — or even negotiate lower property taxes.

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

At the same time, inflation has rocked Americans’ wallets over the last two years, leaving many feeling behind on their retirement and looking for ways to stretch their savings. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No. 22 for state and local sales tax. The state ranks No.

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