{"id":3258,"date":"2017-04-11T00:00:00","date_gmt":"2017-04-11T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/use-that-tax-refund-for-a-down-payment\/"},"modified":"2017-04-11T00:00:00","modified_gmt":"2017-04-11T00:00:00","slug":"use-that-tax-refund-for-a-down-payment","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/use-that-tax-refund-for-a-down-payment\/","title":{"rendered":"Use That Tax Refund for A Down Payment"},"content":{"rendered":"

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The average tax refund was $2,860 for the majority of Americans last year. According to a survey by GO Banking Rates, 41 percent of Americans plan to save their tax returns. That savings could help put them on the path to homeownership.<\/p>\n

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Sign up for our down payment assistance webcast on April 20 at 2 p.m. ET to learn about the various options so you can educate your clients.<\/p>\n<\/blockquote>\n

Six percent of 18- to 34-year-olds say they plan to use their tax refund to purchase a car, home, etc., compared to 9 percent in the 35- to 44-year-old age group.<\/p>\n

\u201cWith higher incomes and a tax refund of approximately $2,860, those who are most likely to purchase may actually be in good shape financially when it comes to being a future homeowner,\u201d according to NAR\u2019s Economists\u2019 Outlook blog, which details the study. \u201cWhile some may not have planned to use all or part of that $2,860 this year, next year is still a good strategy to plan ahead to use that refund or part of it for that down payment.\u201d<\/p>\n

Source: \u201cUse Your Tax Refund for a Down Payment,\u201d National Association of REALTORS\u00ae Economists\u2019 Outlook blog (April 6, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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The average tax refund was $2,860 for the majority of Americans last year. According to a … Use That Tax Refund for A Down Payment<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3259,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[518,15239,625,12908,543,627,1007,41,818],"class_list":["post-3258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-america","tag-chase","tag-down-payment","tag-home","tag-home-buying-guide","tag-homeowners","tag-owners","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/nb_Uwm928_c","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6259,"url":"https:\/\/amazingproperty.com.ng\/blog\/fg-to-restore-28-toll-plazas-refund-states-with-promissory-notes\/","url_meta":{"origin":3258,"position":0},"title":"FG to restore 28 toll plazas, refund states with promissory notes","author":"Amazing Property","date":"September 18, 2017","format":false,"excerpt":"Minster of Works, Power and Housing, Babatunde Raji Fashola.The government\u00a0plans to grant the company tax incentive to the Dangote group, which initially was pegged at five-year limit to a ten-year period. It has earlier approved contract for the Apapa area comprising Creek Road, Liverpool Road, Marine Beach to Mile 2,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"fashola.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/fashola.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/fashola.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/fashola.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/fashola.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/fashola.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7448,"url":"https:\/\/amazingproperty.com.ng\/blog\/homeowners-say-tax-reform-would-hurt-them\/","url_meta":{"origin":3258,"position":1},"title":"Homeowners Say Tax Reform Would Hurt Them","author":"Amazing Property","date":"December 13, 2017","format":false,"excerpt":"A majority of recently surveyed homeowners say that changing homeownership tax incentives would restrict their mobility and cause them financial strain, according to new data from the National Association of REALTORS\u00ae\u2019 fourth-quarter Housing Opportunities and Market Experience survey. Learn More About Tax Reform How Tax Reform Affects Homeowners in Each\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Narhometaxsurvey.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6239,"url":"https:\/\/amazingproperty.com.ng\/blog\/tax-reform-proposals-threaten-homeowners\/","url_meta":{"origin":3258,"position":2},"title":"Tax Reform Proposals Threaten Homeowners","author":"Amazing Property","date":"September 15, 2017","format":false,"excerpt":"REALTORS\u00ae took their concerns over tax reform proposals to Capitol Hill on Wednesday, with Iona Harrison, chair of the National Association of REALTORS\u00ae\u2019 Federal Taxation Committee, warning the Senate Finance Committee that they limit or nullify the tax incentives for homeownership. Harrison said the proposals would actually raise taxes on\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3100,"url":"https:\/\/amazingproperty.com.ng\/blog\/10-states-with-highest-property-tax-rates\/","url_meta":{"origin":3258,"position":3},"title":"10 States With Highest Property Tax Rates","author":"Amazing Property","date":"April 6, 2017","format":false,"excerpt":"The average annual property tax in the U.S. was $3,296 in 2016, with an effective tax rate of 1.15 percent, according to a new report released by ATTOM Data Solutions. The report encompasses a 2016 property tax analysis of more than 84 million single-family homes. 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Fifty-one percent of parents recently surveyed say their mortgage was having a \u201cmajor impact\u201d on their ability to save, according to Bankrate\u2019s Money Pulse survey for February. Read more: Buy a Home With No Monthly Payments? \u201cIt\u2019s probably not as much\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1538,"url":"https:\/\/amazingproperty.com.ng\/blog\/how-do-your-property-taxes-stack-up\/","url_meta":{"origin":3258,"position":5},"title":"How Do Your Property Taxes Stack Up?","author":"Amazing Property","date":"March 3, 2017","format":false,"excerpt":"[ad_1] The average American household spends $2,149 on property taxes for their homes each year, according to U.S. Census data. But depending on where you live, that can vary drastically. 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