Thursday, August 20, 2009

Reassess Your House to Save Money

Photo by Nik. Reassess Your House to Save Money Now

A great way to save money is to have your house reassessed. Homes are not worth as much as they were previously. The sad thing is if you bought your home in the years 2005 and 2006 your home value may be forty percent to fifty percent lower than when you bought it. This is a huge difference and can make a difference in your pocketbook.

If you have your house reassessed and the price comes out much lower, you will save loads of money, we are talking thousands of dollars on the property taxes paid on your home and insurance coverage you spend annually.

If you find yourself in this situation, you will have extra money to spare or to save. Take this money and invest in your child or children’s future for college. Maybe you and your family want to plan a family trip with the added income to your bank account. Or since the economy is a little shaky yet you may want to save your extra money for emergencies and wait for a later time to take that family dream trip. You will have the extra money and be able to do with it what you want.

To find someone to reassess your house to save money you can call your bank that you got your mortgage loan from or a realtor company. The bank may be your best bet as they are the ones that gave you the bank loan on your home. If you choose to call a realtor company, they can direct you to the correct person that can reassess your home.

Quit giving the bank and Uncle Sam your extra money and get your house reassessed today to save money.

For more information on how to reassess your house to save money, please visit: http://www.preparednessmentor.com/. 

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