Are you tired of renting? Is 2019 finally the year you’ll stop renting, buy your Charlotte area home and stop paying your landlord’s mortgage instead of your own? Is it time to consider how much less expensive it might be to buy versus renting when you see how much of your income goes to rent versus how much goes to paying a mortgage? Will your income go up as quickly as rents might increase? Will it cost you more to buy if you wait another year?
Mecklenburg County homeowners face higher taxes in 2019. No doubt you’ve heard the buzz about the 2019 Real Estate Property Tax Revaluation that has just been completed. With the median increase in all property values (residential and commercial) estimated at 54%, it’s fair to assume that property tax values in the Charlotte area are going up–WAY up! If you own property in Charlotte, Pineville, Matthews, Mint Hill, Davidson, Huntersville, Cornelius more than likely you’ll be affected with higher property values and an increase in property tax.