Mortgage rates topics

Property taxes can easily run into four figures per year, and even a simple repair like ripping out old carpets can raise the worth of your home and add thousands of dollars to your tax bill. Can you afford it? * What will the utility bills be? When you own a house, you are likely to face higher utility bills for two reasons. One, you are likely to buy a larger house than your previous rental, and you may be making the leap from an apartment to a house. The larger your house, the higher your heating and cooling bills. Two, you may pay utility bills for utilities that your landlord previously covered.

10/14/09 7

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