How would you like to get a refund for 3 years on your property taxes? Reinvest the refund into the home you purchase or spend the money any way you want.
The City of Rockford is offering a great incentive to purchase distressed or newly built homes by refunding the property taxes for 3 years. Anyone can qualify for the program as long as the properties are located in the City of Rockford and owner occupied.
For distressed properties (foreclosures or short sales) the requirements are a single family, townhouse or condo under contract between January 1st of 2017 – December 31, 2017.
For New Construction it must be a single family dwelling with the building permit issued before December 31, 2017 with the occupancy permit issued and the home sold by December 31, 2018.
Interested in finding out more about the program or if a property you are interested in qualifies, please contact Flying the Coop Realty Group to help.