Using Your Tax Refund To Achieve Your Homeownership Goals This Year
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it.Either way, any money you get back from your taxes can help you achieve your goals. Using a tax refund is a common tactic for buyers and sellers. SmartAsset estimates the average American will receive a $2,897 tax refund this year. The map below provides a more detailed estimate by state:If you’re getting a refund this year, here are a few tips to help with your home purchase or sale this season.How Buyers Can Use Their Tax RefundAccording to American Financing, there are multiple ways y...
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