Buying a home is a very exciting time however doing all of your homework and selecting the right real estate agent could save you a ton of money!  You would be surprised how many people come to me and do not know anything about special assessments and how they can effect their payments.  Let’s say that you are buying a brand new home with a tax rate of 2.2%.  You will pay over $8,000 in yearly taxes.  If you sacrifice the brand new home for an older home in a nice neighborhood and pay a 1.25-1.4% tax rate you could potentially save yourself over $3,000 a year, and sometimes even over $4,000 a year!  That is $250-330 a month!  Combined with your HOA payment that extra tax can really put a hole in your pocket.  I am very serious about saving people money which is why I have created maps for Menifee, Lake Elsinore, and Murrieta that color coordinate special assessment amounts by community.  To some people paying the $200+ extra a month is worth the new home and nice amenities but you at least need to know what you are going to pay before you submit an offer! Contact me at 951-837-5830 or send me an email at spencer@spencerfrazier.com to let me help you find your next home! I will make sure you are well taken care of!

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