So you’re starting to get serious about purchasing a home and you are socking away money for down payment! Way to go! A great target is to get to 20% down but there are loan options all the way down to $0 down. If you have started to make some strides on your savings plan,…
Category: Finance
5 Tips To Save For A Down Payment
Did you know that you can do 100% financing to purchase a home? Many purchasers still believe that in order to purchase a home, you MUST have at least 20% saved up for down payment. Actually, there are several loan options that allow for shoppers to do 100% financing (VA, USDA, and VHDA to name…
How Will My Home Purchase Affect My Taxes?
Homeownership Equals Tax Deductions One of the best (and least talked about) advantages of owning a home are the tax benefits. While some may know that there are advantages, many people are uncertain about what they are and how they work. In short, homeownership equates to tax deductions and increased tax deductions equals less taxes…
Real Estate Crowdfunding
Real estate crowdfunding is a new trend that’s opened unlimited possibilities for investors across the world. New inventions through Kickstarter, t-shirt fundraisers through Teespring, private donations through GoFundMe, and a ton of charitable giving for a plethora of causes. However, the real estate market is one industry that has been relatively impenetrable for an entry-level…
Foreign Homebuyers: Tax Information, Best Places To Buy And Why
Over $100 billion dollars worth of properties were purchased in the US from April 2015 to March 2016 by international homebuyers, according to Mansion Global. Each year, foreign investors spend a ton of money on obtaining property within the United States. For most, this is a very wise and prudent use of their finances. In comparison to…
How To Fight A Tax Assessment
Two things are certain in life: death and taxes. Although taxes are guaranteed, the amount you pay may not be. Every year your local government comes up with an assessed value for your home to determine how much your annual taxes will be. If that value is too high -OR- you’d just like for it…