BUYERS INFORMATION

February 4th, 2022

categories: BOZEMAN MONTANA, BUYERS INFORMATION, MARKET NEWS, MONTANA CITIES

Moving to Bozeman, Montana and Southwest Montana What You Need to Know Before Relocating to Bozeman, MT. Get Organized Start a “move file” to keep track of estimates, receipts and other information. Unless military, you are no longer able to claim a deduction for your moving expenses on your federal taxes. This will continue to […]

November 22nd, 2021

categories: BOZEMAN REAL ESTATE, BUYERS INFORMATION, MARKET NEWS, MONTANA REAL ESTATE, SELLERS INFORMATION

2021 Market Prediction For Bozeman Real Estate Bozeman’s real estate forecast is for 1. Below average availability ⇓ of all residential property. 2. Continued increase in residential prices ⇑. 3. Significant new residential ⇑ construction (shortage of building lots in 2021). 4. Slight increase in mortgage rates ⇑. ‘Want the 2023 Bozeman Real Estate Forecast? […]

November 5th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, SELLERS INFORMATION

1031 Tax Exchanges in Montana* Like-Kind 1031 Property Exchanges in Montana for Tax Purposes Whether it’s Montana real estate or not, generally, if you exchange business or investment property solely for another business or investment property of a like-kind, no gain or loss is recognized under Internal Revenue Service (IRS) Code Section 1031. If, as part […]

August 3rd, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION, SELLERS INFORMATION

Montana Real Estate Disclosure Law Disclosing Montana Real Estate Sales Prices: Good or Bad? “Montana real estate non-public disclosure of real estate sales price” means that when a real property is transferred (sold), the sales price is not disclosed to the public or available on the public record, restricting citizens and businesses from accessing this […]

July 6th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION

Information About Montana & Facts Page Montana Income Taxes – Property Tax in Montana – Montana State Taxes – Real Estate Taxes In Montana – Establishing Montana Residency – Montana Rivers – Recreational Opportunities in Montana A Quick Montana History: A vast array of Native Americans were the first inhabitants of Montana, including the larger tribes like the Crows, Kootenai, Cheyenne, Blackfeet, […]

June 12th, 2021

categories: BUYERS INFORMATION, MARKET NEWS

Short on the Down Payment for a Bozeman Home? Buying Your Bozeman Home With Zero Down. 1. Ask lenders and your Bozeman realtor about zero-down lending programs. The USDA may have zero-down home mortgage loans available. Search for mortgages online or through your local mortgage brokers or your personal bank. Call banks and mortgage companies listed […]

April 15th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION

Montana State Taxes 2020 – 2021* Montana State Taxes: Personal Income, Excise, Sales, Property, Corporate, Severance, Inheritance Taxes Montana Personal Income Tax* rate system is made up of seven individual brackets, from 1% to 6.9%. Montana’s top rate, 6.9%, is levied when a person’s income is beyond ~$14,900. In 2020, Montana ranked 26th, in 2019 Montana […]

March 9th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA CITIES, MONTANA STATE INFORMATION, SELLERS INFORMATION

Montana Real Estate Transfer Tax* Montana is one of 15 states that does NOT have a real estate transfer tax, but, instead, parties to a Montana real estate transaction must file a Realty Transfer Certificate, required by Montana law. Other states without realty transfer taxes: Alaska, (California†), Idaho, Indiana, Louisiana, Mississippi, Missouri, Kansas, North Dakota, […]

March 6th, 2021

categories: BUYERS INFORMATION, MARKET NEWS

Why Get Bozeman Home Mortgage Insurance?† When financing a Bozeman home, the advantages of (private) mortgage insurance (PMI) are not always evident to the borrower. Many prospective borrowers believe they should/must put at least 20% down (an 80% Loan-To-Value LTV ratio) on the home they are purchasing because they believe it’s imperative to avoid paying […]

February 11th, 2021

categories: BUYERS INFORMATION, MARKET NEWS

First-Time Bozeman Home Buyer? ‘Dreaming Of Purchasing Your Own Bozeman Home? Tired of shelling out rent for Bozeman homes, condos and townhomes, or apartments that don’t feel like yours? Take heart. Changing from renter to Bozeman homeowner may be easier than you think. I’m here to help you in your Bozeman real estate search. So, […]