If the answer to that question is yes then you should also try fighting the amount of taxes that you’re paying on your home.  Most taxing districts don’t assess the value every year, yet this past year has been a rough one for home values.  Since property taxes are usually paid when we pay our mortgage payment, they are also easily forgotten. 

In the DFW area including Homes in Frisco, Plano, McKinney, Allen and others the tax rates vary from 2.2% to 2.53%.  On a $230,000 dollar home, if you can get the assessed value of your home reduced to $200,000 your taxed amount would change by $759 annually using the 2.53% rate.

If you apply that additional $759 ($63.25 monthly) to your house payment you would pay your home off 4 years earlier and save yourself $25,049 in interest.  Wow!  That’s a lot of savings!!!

Call Team Decell for all your real estate needs, they are your neighborhood experts. 214.975.3210