Why Keep Track of Home Improvements

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Homeowners receive a generous exclusion on the gain of their principal residence up to $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly. Most people probably consider the gain...
Rethinking Home

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The last two months of the new normal stay at home has led many homeowners to rethink the way they live in their home. It has now become an office for working at home; a school for children; a gym to stay in...
Mortgage Forgiveness

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During the mortgage meltdown that caused the Great Recession a decade ago, some homeowners lost their homes to foreclosure or constructed a short sale to get out from under the debt. In most of the cases, the...
Selling Your Home: Convenience at a Cost

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The convenience of selling your home without the hassle of getting it ready, putting it on the market, showings, open houses, negotiations, and repairs comes at a cost ... a significant part of your equity.
One More Reason to Refinance Your Home

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Taking cash out of the equity of your home could be a legitimate way to fund a temporary cash crisis now or to have it on-hand if the need arises. Most homeowners can pull out the difference in 80% of the...
It's Different This Time

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Of course, it is! We haven't experienced a global pandemic in our lifetime. We haven't had an economic shutdown like this before. Uncertainty is understandable and people tend to fear what they don't...
Check This Off Your List

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Everyone knows someone it has happened to or has heard a tragic story. It could have been a fire, a flood, burglary or some other disaster but to file a claim on their insurance, they need the receipts or a...
Mortgage Closing Scams

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The American bank robber, Willie Sutton, was asked why he robbed banks and his answer was "because that is where the money is." During his 40-year career, he stole about $2 million but Internet scammers are...
Is Buying A House Worth It If You're Single?

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When you were growing up, there were probably certain milestones that you imagined you would reach in your adult life that would be momentous and important. Falling in love and getting married are on that list...