Generate Buyers - Tax Time April 15th

Generate More Buyers - Tax Time April 15th
The best time of year to generate more buyers is tax time. In my opinion, converting renters into homeowners is the way to do just that. We all know that there is no real benefit to renting unless we absolutely have to. There are so many first time buyer loan programs, 3 percent down loans, 100% financing, Interest only and that's just to name a few I have seen and had the priveledge to close. Most people who rent may not know that the rent amount they are paying, could be equity in their own home. I have a great tool that will help you explain to your renting friends and clients the value of owning their own home based on their monthly rent payments.

http://theescrowguy.com/MarketingMaterials/WhatYouPayInRentFlyer.pdf

Many have been able to use this tool to successfully convert renters to buyers. Tax time is perfect because renters realize they don't get any credits or tax breaks as a tenant. They have no interest to write off, no benefits of homeownership, and they are just paying off the mortgage for the landlord, will eventually own the home. Renters/Tenants are always subject to a 30 day notice to move. That can be a rude awakening.

Tis the season to help the renters in your area understand the benefits of homeownership, the creative financing that is available, and why they should use you to find them their dream home, (and us to close the escrow :-)). Use the link above to generate more buyers and educate tenants in your area. Lend a helping hand to the renters in your area! They could use your help into homeownership!

Save $$$ On Your Property Taxes

Claim your homeowner's exemption. What is the homeowners' exemption? Property taxes are based on the assessed value of your home, which is determined by the County Assessor's Office. In this post, I am referring to Solano County in California.

If the home is your primary residence and you are not receiving another property tax exemption of greater value, you may qualify for a homeowners exemption which will reduce the tax you pay. Once granted, the exemption continues from year to year.



To obtain the full exemption you must make a timely filing (usually by February 15) of a simple form with the County Assessor. A partial (80%) exemption may be granted for homeowners who file a late affidavit and claim for exemption with the assessor between February 16th and December 10th. To find out more information, contact:

Solano County Assessors Office at (707) 784-6210. Or write:
Assessor Recorder
675 Texas Street. Suite 2700
Fairfield, CA 94533-6338
Hours: Mon - Fri, 8:00am - 4:00pm