Category Archives: Real Estate News

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Rent your home tax free

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 […]

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4 Tricks to Buying a Home in a Crazy Hot Market

Key Takeaways: Despite the ongoing pandemic, the real estate market is more competitive than ever before—and that means buyers have to do more to get their offer accepted. Want to stand out from the competition and score the home of your dreams? Our four tips can help you achieve real estate success in no time. […]

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Before you pay cash for a home

Before you pay cash for a home, ask yourself if there is a possibility, at some point in the future, you might put a mortgage on the home and would want to deduct the mortgage interest on your federal tax return. Current federal tax law allows homeowners to deduct the interest on up to $750,000 […]

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What Makes Today’s Real Estate Market So Competitive?

Key Takeaways This year’s housing market is shaping up to be the most competitive on record, but the pandemic isn’t the only thing influencing the national real estate boom. There are actually quite a few factors contributing to today’s hot market, including unfettered buyer demand, historically low supply, and steady interest rates. Have questions about […]

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Homeowner Equity and Wealth Accumulation

National homeowner equity grew in the fourth quarter of 2020 by $1.5 Trillion or 16.2% year-over-year based on a CoreLogic analysis. The study was done on the six out of ten homeowners who have mortgages on their home. The fourth quarter of 2020 also saw the number of mortgaged residential homes with negative equity decrease […]

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Exposing the 4 Factors Agents Use to Price Your Home Right

Key Takeaways: Before you list your home, it’s crucial to understand how much a buyer would be willing to pay for it. Your agent will use a variety of factors to determine a competitive list price—and some of them might be a little unexpected. If you’re looking for a fast and accurate way to price […]

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Your Refund Could Open the Door

One of the silver linings to filing your income tax return is finding out that you are going to receive a refund that could literally open the door to owning a home. If you happen to be one of these fortunate taxpayers, your next decision is what to do with it. With the average tax […]

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Why You Shouldn’t Use Automatic Home Estimators to Price Your Home

Key Takeaways: Automatic estimator tools are popular amongst homeowners and sellers, but they aren’t always the most reliable. In some instances, these estimators can be off by thousands of dollars due to inaccurate data. If you’re looking for a better way to determine your home’s market value, give us a call to get started! Exposing […]

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Transferring Property Prior to Death

Sometimes, as people approach the inevitable, they start trying to get their things “in order”. They may even have a will, but they decide to transfer title to real estate prior to their death which could be an unnecessary expense for the would-be heir. Generally, when property is passed through direction of a will, the […]

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Is It Time to Cancel the Mortgage Insurance?

Mortgage insurance benefits the lender if a borrower with less than a 20% down payment defaults on their loan. Most conventional mortgages greater than 80% and all FHA loans require the borrower to have this coverage. Private mortgage insurance on conventional loans can range from 0.5% to 2.25% based on the loan-to-value and the credit […]