The tax deductions you're eligible to take for mortgage interest and property taxes greatly increase the financial benefits of home ownership. Here's how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) ... » Learn More about Tax Benefits of Homeownership
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1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give yo a good indication of the trouble areas that will stand out to potential buyers, and you'll be able to make repairs before open houses begin. 2. Organize and clean. ... » Learn More about 5 Things to do Before Putting Your Home on the Market
By: G. M. Filisko Make your home warm and inviting to boost your home's value and speed up the sale process. 1. Start with a clean slate - Before you can worry about where to place furniture and which wall hanging should go where, each room in your home must be spotless. Do a thorough cleaning ... » Learn More about 7 Tips for Staging Your Home
Buying a home needn't be a high-risk venture. With a little planning, preparation and the use of a knowledgeable real estate agent, you can avoid these common buying blunders. Procrastination How many times have you called on a property only to learn it was already under contract? It happens ... » Learn More about This Spring: A Great Time to Buy in Palm Beach – But, Don’t Make These Mistakes!
Last week, we got some good news: Home prices in most major metropolitan areas are starting to stabilize. A report from the National Association of Realtors (NAR) showed that 78 markets in the U.S. experienced price gains in the fourth quarter of 2010 over the precious year. Existing-home sales were ... » Learn More about What the Housing Market is Signaling Now.