Some homeowners feel like they may as well throw a dart against the wall to decide whether to move or not. Other people might invoke a process attributed to Benjamin Franklin. Supposedly, to evaluate the options and bring clarity to the choice, this American founding father would list all the reasons for and against the […]
Is Now a Good Time To Refinance Your Mortgage or Should You Wait? Mortgage rates have been below 4% since May 2019, many homeowners have already taken advantage of the low rates. But according to a recent Lending Tree survey, as many as 49% of homeowners say they’re considering a mortgage refinance in the next […]
HOW LONG DO I HAVE TO KEEP THIS STUFF? Are you looking at all those paper files and feeling like you’re being over run and out of room to keep them? Especially if you think you may actually never need those files! How long do you really need to keep important documents and receipts? The […]
There is a little-known provision in the tax code that allows homeowners to rent their principal residence or second home for up to 14 days a year without having to recognize the income. In this situation, the taxpayer does not deduct the rental expenses associated with the income. There is no restriction on how much […]
Strategic Prep Work and Repairs are The Foundation to Optimize Your Home Sale Selling a home is totally different than, selling a car for example. You likely won’t recapture the cost of doing work on your car before you trade it in. However, as a home seller you’re selling to the end user. In this […]
HOW TO MAXIMIZE YOUR HOME SALE Even though we’re in a fast paced real estate market with sales out-pacing new inventory, you still need to position your home for this market and know how to Maximize Your Home Sale. Your home is one of your most important financial assets, we know the decision to sell […]
Homeowner Equity Is Up On a National level, Homeowner Equity grew in the fourth quarter of 2020 by $1.5 Trillion. Up 16% from 2019 according to CoreLogic a property insights firm. At the same time, Homeowners with negative equity, (mortgage debt which is more than the value of the home), decreased by 21%. Homeowner Equity, […]
Beginning homeownership with a “starter” home, has long been the traditional strategy for generations. Part of the logic behind starting with a smaller home; it gives you an opportunity to learn what it takes to maintain a house and helps you understand some of the unexpected costs that come along with homeownership. A slightly longer […]
Open the Door to Owning a Home One of the silver linings to filing your income tax return is discovering Your Tax Refund Could Open the Door to Homeownership. Your refund could literally help you buy a home. If you’re one of these fortunate taxpayers, your next decision is what to do with it. Your […]
