A property has a fair market value of $95K and is assessed at 50% of value. The tax rate is $55 per $1000 of assessed value. What is the real estate tax for this property?
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Acceleration clauses & defaulting on mortgages
When a borrower defaults on a mortgage, an acceleration clause allows the lender the option of:
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Lets talk about eminent domain
Which of the following is true concerning eminent domain?
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What is income tax deducible in home ownership?
Which of the following is generally income tax deducible in home ownership?
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When is an enforceable purchase agreement formed?
An enforceable purchase agreement is formed when:
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Getting a better mortgage rate
An owner obtains a new mortgage on her house because the house has appreciated in value and she wants money for an investment. The new mortgage rate is 1% lower than the old rate. What is this process called?
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