Friday, January 18, 2013

If you ever wanted to play on Marky Mark's old putt-putt course...

...and you happen to have $13 million lying around, you can now make that happen.  MSN Real Estate has a slide show of celebrity homes currently for sale.  I have to say that Zsa Zsa Gabor's house looks just as I would picture it.

Thursday, January 17, 2013

Today's Tip: Pay Your Taxes

It seems so obvious, but I get enough calls about this from first time homebuyers, that it must need to be said.  When you buy a piece of property, make sure you pay your taxes.  If you've never owned a home, you might not be used to being proactive about your bills.  You're used to everything you owe coming in a statement to your house and if you forget, it comes again.  The problem with property taxes is that it may take the Revenue Commissioner a year (or more) to assess the taxes in your name.  The bill may be going to the previous owner.  Or the previous lender.  Or to no one at all.  You may never get a bill.

If you are a homeowner, make sure you know when property taxes are due in your jurisdiction (in Alabama property taxes are due October 1st and can be paid up to December 31st before they are late).  Call your Revenue Commissioner and make sure you know what you owe.  Even if you never receive a statement from Revenue Commissioner, you are still legally responsible for the taxes.  Even if your lender is escrowing for your taxes, it doesn't hurt to show an abundance of caution.  A call takes ten minutes and that's nothing against the inconvenience of a tax sale.