The bad news is that if you purchased your home in the last few years, it may have gone down in value. The good news is that you may be able to have your home’s property taxes decreased due to that decline in value. Here in Alameda County, the Tax Assessor’s office has a website with detailed information on [...]
Some homeowners who are underwater on their houses—they owe more on their mortgages than their homes are worth—wonder what would happen if they were to stop paying their mortgages. When lenders do not receive payments, the first action taken by the lender is to report the missed payment to the credit bureaus by the first [...]
