Jared Fletcher

What the Tax Cut and Jobs Act Means for Property Taxes

The New Tax Law and What it Means for Northern Property Owners The Tax Cut and Jobs Act passed by Congress during the tail-end of 2017 left northern homeowners asking the question, “should I prepay my 2018 property tax bill?” A valid question since the 2018 tax law initiated new limits on deductions for state

The New Tax Law and What it Means for Northern Property Owners

The Tax Cut and Jobs Act passed by Congress during the tail-end of 2017 left northern homeowners asking the question, “should I prepay my 2018 property tax bill?” A valid question since the 2018 tax law initiated new limits on deductions for state and local taxes.

fUnder the old law, you could claim an itemized deduction for an unlimited amount of personal state and local income and property taxes. With the Tax Cut and Jobs Act, starting in 2018, your deduction is limited to a total of $10,000, and $5,000 if you are married but file separate status.

Jared FletcherWhat the Tax Cut and Jobs Act Means for Property Taxes
read more

Pro Tips: 5 Things to Looks For When Choosing A Closing Company

We’re rolling out a pro tips series to help consumers put their best foot forward when moving through their real estate transaction. Whether that be saving money through your closing service provider or what to do with your old devices when moving out of your home, we’ve got the pro tips to help you handle

We’re rolling out a pro tips series to help consumers put their best foot forward when moving through their real estate transaction. Whether that be saving money through your closing service provider or what to do with your old devices when moving out of your home, we’ve got the pro tips to help you handle real estate like a true service professional.

When it comes time to pick your closing company, often, your realtor will recommend a company with which they have an existing relationship. And while that’s totally normal, what’s not completely kosher is when the brokerage also owns a portion of the closing company. Because what this means for you as the consumer? Higher costs.

Jared FletcherPro Tips: 5 Things to Looks For When Choosing A Closing Company
read more

Who Pays for Title Insurance?

Depends on where you live — or what you negotiate.

  When you buy or sell a home, who pays for title insurance is one of the last items on your list—so it makes sense to want to understand the costs, so you can finally close. But it also makes sense that you might not have though about it much. You’ve been doing the open-house

 

When you buy or sell a home, who pays for title insurance is one of the last items on your list—so it makes sense to want to understand the costs, so you can finally close.

But it also makes sense that you might not have though about it much.

You’ve been doing the open-house thing, the realtors, contracts, and banks thing, and generally rewinding your imagination to when you didn’t have to deal with any of these things. 

Jared FletcherWho Pays for Title Insurance?
read more