Seller will prepay your taxes for 2018, and 2019!

With an accepted offer the term will be added to the contract that the seller will deposit to the buyers credit an amount equivalent to the taxes for 2018, and 2019.  As we do not know the future mill rates nor the amount of appreciation for the next two years we are making an allowance of 5% per year.  Often the buyer’s bank want to keep track of the taxes, and if that is the case the amount can be submitted to the bank, and they will pay out the taxes as they are due.  This will give you the buyer a little room to buy all of those things that go with a new home such as a lawnmower, shovel, rakes, furniture etc.  Or you can simply pay down the mortgage or save the money for a rainy day.

Great 5 bedroom home with suite.  This bungalow has central air, over sized heated garage & 2 extra parking spaces in the rear yard. Laminate floors throughout the home. Bright main floor living room and bright kitchen with lots of natural light. Three bedrooms up and a four piece bath. Separate entrance to basement, two bedrooms and four piece bath with large family room, and great hobby room with 220 electrical wired in. View Listing Details …