Tag Archives: tax

Affects of Government Shutdown on Local Real Estate

Government Shutdown. 70 percent of all loans made this year in the Crystal Coast and surrounding areas involved either Fannie Mae, Freddie Mac, VA or a FHA Loan. To put it another way, the federal government has its hands in almost ¾’s of all mortgage loans made in 2013. So will the government shutdown affect your ability to get a loan? Will it slow or stall your upcoming closing? Will interest rates go up? The good news is that mortgage rates tend to go the opposite...
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Property Tax Questions and Answers

Property tax questions and answers. No matter where you live, if you own property then you are going to pay some type of tax. Carteret County and the cities and municipalities of the Crystal Coast are no different than anywhere else. Depending on where you live you may have taxes that include not only county tax but city, fire, rescue, solid waste, water, beachfront and others. Have you ever wondered how the value of your property is…

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Tax Reform Could Affect Home and Land Owners

The state of North Carolina collected over 10 billion dollars in personal income taxes during the year 2012. That’s ten times the corporate tax income and twice as large as the monies collected off of sales and uses taxes. But now the state of North Carolina is trying to figure out how to eliminate personal income taxes, it’s largest revenue producer….

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