Unless you’ve been living under a rock the last few years you probably realize that property values have dipped. Property tax bills in many areas have lowered as well but it’s just a matter of time before they start hedging back up. If you’ve refinanced your home and still have a copy of your appraisal you may be able to use this to your advantage in keeping your assessed value from trending up. Check out this interesting article from CNNMoney on a few tips to fighting increased property taxes. You can read the full article by click here.
These days, most homeowners are facing a scary reality: a rapid decline in their home’s value. According to the National Association of Realtors, median existing home prices are down 7.1% from last July — and aren’t expected to recover until well into 2009.
One way to buck the trend and boost the value of your home is to make some basic renovations. There’s no need to embark on big-ticket projects — you probably won’t recoup all of the costs anyway. Instead, seek out some inexpensive projects that will not only brighten up the place, but put a little extra cash in your pocket should you decide to sell your home. Here are five worth considering: