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Forest Lakes, Charlottesville VA--Pictures and Neighborhood Videos! |
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Construction on the highly anticipated Forest Lakes newest web site is complete! After years of planning, mapping, and development, Forest Lakes now has a new destination web site that offers visitors a one-stop resource for everything they need and want to know about Charlottesville's premier Planned Urban Development--Forest Lakes North and South!
Forest Lakes offers residents:
1. 2 crystal clear pools--the North pool even has a water slide!
2. Basketball, volleyball, and tennis courts.
3. Miles of walking and biking trails.
4. Fishing and non-motorized boating on several large lakes.
5. Fitness facility.
6. Elementary and Middle schools right in complex!
Located minutes north of the City of Charlottesville, and 2 miles from the Albemarle Airport, come see even more reasons why Forest Lakes properties hold their value better than similar homes within the area!
GoTo: Forest Lakes to see pictures and videos of our neighborhoods, read our Community Newsletter, and find out about our Forest Lakes Hurricanes (swim team).
Sponsored by: Forest Lakes Properties and
Fulton W. Gaylord--Assoc Broker, SRES, ABR, e-Pro
Authorized HUD Representative, Certified REO Specialist
Keller Williams Realty
1885 Seminole Trail, Suite 100
Charlottesville VA 22901
434-220-2228
Fulton@KW.com
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"Turning Your Home Dreams into Reality"
"Licensed to Sell Real Estate in Virginia
Each Office Independently Owned and Operated"
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What is an impound account? |
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What is an impound account?
An impound account is a trust account established by the lender to hold money to pay for real estate taxes, and mortgage and homeowners insurance premiums as they are received each month.
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appealing your property taxes |
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Where can I learn more about appealing my Forest Lakes, Charlottesville, Albemarle County, Central Virginia property taxes?
Contact your local Forest Lakes, Charlottesville, Albemarle County, Central Virginia tax assessor's office to see what procedures to follow to appeal your property tax assessment. You may be able to appeal your assessment informally. Mostly likely, however, you will have to go through a formal tax-appeal processes, which begin with an appeal filed with the appropriate assessment appeals board.
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Are property taxes deductible? |
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Are Forest Lakes, Charlottesville, Albemarle County, Central Virginia property taxes deductible?
Property taxes on all Forest Lakes, Charlottesville, Albemarle County, Central Virginia real estate, including those levied by state and local governments and school districts, are fully deductible against current income taxes.
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Tax benefits to homeowners |
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What tax benefits are there toForest Lakes, Charlottesville, Albemarle County, Central Virginia area homeowners?
Homeowners benefit from several generous tax advantages. The most important benefit is the mortgage interest deduction. People may deduct interest paid on mortgage loans totaling up to $1 million used to buy, build or improve a principal residence plus a second home. The IRS calls such loans acquisition debt.
Points paid by the buyer or seller on a new mortgage loan for the purchase or improvement of a principal residence are deductible for the year in which the home was purchased.
Any points paid on a refinance mortgage, a loan to purchase a second home or a mortgage on income property must be spread over the life of the loan, according to Edith Lank and Miriam S. Geisman, authors of "Your Home as a Tax Shelter," Dearborn Financial Publishing, Chicago; 1993.
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