How Your Tax Refund Can Help Achieve Homeownership Goals This Year

How Your Tax Refund Can Help Achieve Homeownership Goals This Year

  • Dennis Hartley
  • 04/13/22

According to American Financing, there are multiple ways your refund check can help you move closer to owning a home in Redondo Beach. To begin, consider the following:

  • Grow your down payment fund. If you haven’t started saving for your down payment, let your tax refund kick off the process. And if you have a fund already, the money you get back could put you closer to your goal. 
  • Pay for your home inspection. Your home inspection can save you a lot of headaches down the road by helping you determine the condition of the house. As a buyer, you’ll typically be responsible for paying for your inspection, and it’s definitely worth the investment.
  • Save for closing costs. Closing costs are additional expenses you’ll need to pay once it’s time to close. They average anywhere between 2-5% of the purchase price of your home.

While this list is a great start, it isn’t exhaustive of all the costs you may encounter as you set out on your journey to buy a home.

It's wise to partner with a trusted real estate professional like Dennis Hartley, to best understand all that’s involved in the home buying process.


Photo by Minh Pham on Unsplash

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With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.