Keeping Current Matters April 16, 2024
Buyer
Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains:
“If one of your goals is to stop renting and buy a home, you’ll need to save up for closing costs and a down payment on the mortgage. A tax refund can give you a start on the road to homeownership. If you’ve already started to save, your tax refund could move you down the road faster.”
While how much money you may get in a tax refund is going to vary, it can be encouraging to have a general idea of what’s possible. Here’s what CNET has to say about the average increase people are seeing this year:
“The average refund size is up by 6.1%, from $2,903 for 2023's tax season through March 24, to $3,081 for this season through March 22.”
Sounds great, right? Remember, your number is going to be different. But if you do get a refund, here are a few examples of how you can use it when buying a home. According to Freddie Mac:
The best way to get ready to buy a home is to work with a team of trusted real estate professionals who understand the process and what you’ll need to do to be ready to buy.
Your tax refund can help you reach your savings goal for buying a home. Let’s talk about what you’re looking for, because your home may be more within reach than you think.
Stay up to date on the latest real estate trends.
Lifestyle
June 13, 2025
Whether you’re preparing for your latest solo adventure abroad, planning a getaway with that special someone, or looking to splurge on an international vacation for th… Read more
June 12, 2025
After three weeks of declining activity, a new boost of mortgage applications occurred during the week ending Jun 6, according to data from the Mortgage Bankers Associ… Read more
Buyer
June 12, 2025
If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market.
Buyer
June 11, 2025
If you’re thinking about taking your home décor to the next level, modernizing your window treatments may be the perfect place to start.
Buyer
June 10, 2025
California is rolling out the CalAssist Mortgage Fund on June 12, which will allocate grants up to homeowners whose homes were destroyed or left uninhabitable in recen… Read more
Lifestyle
June 10, 2025
Summer is the season of sun, fun and outdoor entertaining, and there’s no better way to welcome friends and family than with a beautifully set table.
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today