Tag: home equity
Depressing or eye-opening? An online tool tells you where you stand financially by stacking up your net worth against other Americans. The calculator compares a family’s net worth – financial and other assets minus debts – with all other U.S. families. Homeowners can choose to include the value of their home equity in their tota…
The brief’s key findings are: Some states and localities allow older homeowners to defer property taxes, with deferred amounts repaid with interest when the house is sold. However, these programs have many limitations and very low take-up. A proposed redesign for Massachusetts would: open up the program to all older homeowners by removing income limits; make sign…
