Easing the Path to Homeownership: Hogan Homes' Commitment to Fair Taxes

Buying a home is a big dream for many, but the journey to homeownership can come with its own set of challenges.

For those who are looking at houses for sale in the Tuloso-Midway area, let’s discuss how Hogan Homes simplifies that journey for families, especially when it comes to understanding and managing property taxes.

Lower Taxes, Affordable Homeownership

While Texas may have higher property tax rates, it compensates by not having a state income tax and more affordable home prices than many other states. Even though homeowners might pay more in property taxes, they don’t pay income tax and generally have lower housing costs, making it an appealing option for buyers. Specifically, Corpus Christi makes owning a home more achievable for many thanks to this balanced tax approach. The favorable tax situation helps lower the cost of living, making Texas an attractive place to call home.

The Hogan Homes Difference

What makes Hogan Homes stand out is its transparent and fair approach to property taxes. Unlike some builders who might base tax calculations on the previous year’s completion percentage – often leading to inaccurate tax credits and higher tax bills at year-end – Hogan does things differently. Hogan calculates taxes based on the current completion percentage of your home. This means you get a realistic estimate that truly reflects the progress of your new home, ensuring no surprises at the end of the year.

When it comes to building new homes, how property taxes are figured out can affect a homeowner’s budget. Usually, some builders and tax offices look at how much of the home was finished at the end of last year to decide how much tax you should pay this year.

For example, if your home was only 30% finished by the end of last year, the property tax calculation for the current year would be based on this partial completion. This method doesn’t account for the progress made on the home throughout the current year. This method doesn’t take into account if your home gets fully finished during the current year. This means you might not get the right tax credit for the part of the year your home was still being built, leading to a bigger tax bill than expected.

Hogan Homes does this differently for the better. Instead of relying on the previous year’s completion percentage, Hogan calculates property taxes based on the current completion status of the home. This method ensures that homeowners are provided with a more accurate and fair estimate of their property taxes.

By considering the actual progress of construction, Hogan tailors the property tax estimate to reflect the real-time state of the home. This approach ensures that homeowners are only responsible for taxes that accurately represent their home’s completion level throughout the year. It eliminates the risk of being overcharged on property taxes due to outdated or inaccurate estimates of the home’s value and completion status.

This approach makes sure homeowners:

  • Get accurate tax estimates – You’re more likely to pay a fair amount of taxes that match your home’s current value.
  • Face no unfair surprises – Since taxes match the home’s actual completion status, you won’t be hit with higher taxes for a home that wasn’t fully used or valued all year.
  • Trust Hogan – This fair way of calculating taxes shows that there is a builder who looks out for you, making the homebuying process clear and straightforward.

Why Transparency Matters

Understanding property taxes can be tricky for many prospective homeowners. That’s why transparency and an upfront approach of your builder is key. Hogan believes you deserve to know exactly how your taxes are calculated, ensuring you’re properly credited for property taxes at closing. This not only builds trust but also makes sure you’re not left stretching your budget too thin.

Reducing Financial Burden

Having a builder who knows how important it is to ease the financial strain – ensuring fair and accurate tax calculations is one way to help reduce the overall financial load, making homeownership more attainable and less intimidating for you and your family.

Practical Tips for Prospective Homeowners

  • Educate yourself on property taxes – Understanding property taxes in your area can give you a clearer picture of the yearly expenses that come with owning a home. Knowledge is power, and in this case, it can lead to big savings.
  • Demand transparency – When considering builders, ask how they calculate property taxes for new homes. Choose those who are straightforward about their process, like Hogan Homes.
  • Think ahead – Consider the long-term implications of your property tax. Look for areas with a history of stable or declining tax rates to keep things affordable down the road.
  • Look at the big picture – When calculating the cost of a new home, factor in property taxes to get a realistic view of annual expenses. This will help you plan your budget better.
  • Get professional advice – Talking to a tax expert can give you tailored tips and strategies for handling property taxes, saving you money over time.

In Texas, the dream of homeownership is made more accessible thanks to lower property taxes, a benefit that’s especially appealing for those eyeing houses for sale in the Tuloso-Midway area. Hogan Homes takes this a step further by ensuring that the financial journey to owning a home is as transparent and fair as possible. With tax season upon us, it’s important to understand how property taxes can affect your homeownership costs. By choosing Hogan Homes, you’re not just investing in a house; you’re investing in a home with a fair, honest financial foundation. Let us help you make the path to homeownership smoother, with no surprises along the way.

Ready to take the next step towards homeownership with clarity, confidence, and peace of mind? Contact Hogan Homes today, and let’s discuss how we can make your dream home a reality with our clear and fair approach to property taxes. We’re here to make buying a home simple and worry-free.



“The 10 Best States for Property Taxes—and Why,” Investopedia, https://www.investopedia.com/articles/personal-finance/102015/7-best-states-property-taxes-and-why.asp
“9 States With No Income Tax,” Investopedia, https://www.investopedia.com/financial-edge/0210/7-states-with-no-income-tax.aspx
“When Do You Pay Property Taxes on a New Home in Texas?” CertSimple, https://certsimpleusa.com/blog/when-do-you-start-paying-property-taxes-new-home-texas/