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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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How Your Tax Refund Can Move You Toward Homeownership This Year

How Your Tax Refund Can Move You Toward Homeownership This Year | Simplifying The Market

If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year.

Based on data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,962 when filing their taxes this year.

The map below shows the average tax refund Americans received last year by state:How Your Tax Refund Can Move You Toward Homeownership This Year | Simplifying The MarketAccording to programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae, many first-time buyers can purchase a home with as little as 3% down. Truth be told, a 20% down payment is not always required to buy a home, even though that’s a common misconception about homebuying. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.

How can my tax refund help?

If you’re a first-time buyer, your tax refund may cover more of a down payment than you ever thought possible.

If you take into account the median home sale price by state, the map below shows the percentage of a 3% down payment that’s covered by the average tax refund:How Your Tax Refund Can Move You Toward Homeownership This Year | Simplifying The MarketThe darker the blue, the closer your tax refund gets you to homeownership in one of these programs. Maybe this is the year to plan ahead and put your tax refund toward a down payment on a home.

Bottom Line

Saving for a down payment can seem like a daunting task, but the more you know about what’s required, the more prepared you’ll be to make the best decision for you and your family. This tax season, your refund could be your key to homeownership.


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

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Listing courtesy of James Jestes of EXP Realty LLC
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Listing courtesy of Glenn Moore of Local Living Realty Group
210 Center Street Daytona Beach FL 32117
New Listing - 2 hours on site
1 / 1
$449,900
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210 Center Street Daytona Beach, FL 32117
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Multigenerational Home Coming Soon! With 1882 Sqf of Living Space between the house and ADU, you will find the perfect blend of functionality and flexibility in this brand-new Kingston model home. Expertly crafted by local builder Elliot Meadows, kno

Listing courtesy of Glenn Moore of Local Living Realty Group
214 Center Street Daytona Beach FL 32117
New Listing - 2 hours on site
1 / 1
$439,000
3
BEDS
2
TOTAL BATHS
1,235
SQFT
214 Center Street Daytona Beach, FL 32117
Single Family Residence For Sale
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Multigenerational Home Coming Soon! With 1882 Sqf of Living Space between the house and ADU, you will find the perfect blend of functionality and flexibility in this brand-new Kingston model home. Expertly crafted by local builder Elliot Meadows, kno

Listing courtesy of Glenn Moore of Local Living Realty Group

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Related posts:

  1. Your Tax Refund Is The Key To Homeownership!
  2. Homeownership Rate on the Rise to a 6-Year High
  3. NYC area tax-laws fuel the move to Florida
  4. Year-Over-Year Rental Prices on the Rise

Posted in: Blog, Buying Myths, Down Payments, First Time Home Buyers, For Buyers

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

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Today’s Real Estate Information

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James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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