Being a Good Neighbor

Posted on Posted in Real Estate

A good neighbor might be characterized as someone who’ll look after your home when you’re out of town by picking up your mail and watering your plants. You’d most likely reciprocate for anyone who’d be so generous toward you. In some cases, you might only be able to name one or two of your neighbors […]

Verify with Your Lender

Posted on Posted in Real Estate

If you have a mortgage with an escrow account to pay your property taxes and insurance, you expect the company servicing your loan to pay this year’s taxes this year so that you can deduct them on your 2014 income tax return. After all, your monthly payment includes 1/12 the annual amount so there will […]

Consider an Adjustable Rate

Posted on Posted in Mortgages, Real Estate

fixed rate mortgages as low as they are, most purchasers or owners wanting to refinance might not even consider an adjustable rate loan. The determining factor should be how long the person plans to be in the home and which mortgage will provide the cheapest cost of housing. For instance, if you compare a $300,000, […]

Realize TAX Savings Sooner

Posted on Posted in Real Estate

A homeowner’s tax saving benefit is generally realized when they file their federal income tax return after the money has been spent for the interest and property taxes. Some people look forward to the refund as a means of forced savings but some people need to realize the savings during the year. It is possible […]

Home Improvement or Repair?

Posted on Posted in Investments, Real Estate

Homeowners can raise the basis or cost in their home by money spent on capital improvements. The benefit is that it will lower their gain and may save them taxes when they sell their home. Improvements must add value to your home, prolong its useful life or adapt it to new uses. Repairs are routine […]

Seller Safety Plan

Posted on Posted in Real Estate

September is REALTOR® Safety month when special attention is focused on the security of having a home on the market and the concerns for the well-being of owners is a day-to-day effort. The following list may help sellers secure their home and minimize risk. Locks – doors and windows should be locked at all times. […]

Money Down the Drain

Posted on Posted in Mortgages, Real Estate

Private mortgage insurance is necessary for buyers who don’t have or choose not to put 20% or more down payment when they purchase a home. It is required for high loan-to-value mortgages and it provides an opportunity for many people to get into a home who otherwise would not be able. The problem is that […]