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Tax Benefits of Home Ownership

Tax Benefits of Home Ownership U.S. taxpayers have enjoyed specific tax benefits for home ownership since personal income tax was introduced by the 16th amendment in 1913. While these benefits may not be the primary reason...

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Six Reasons to Consider Rental Homes

Six Reasons to Consider Rental Homes Single-family homes offer an investor the ability to borrow large loan-to-value amounts at fixed interest rates for long terms on appreciating assets, tax advantages and reasonable...

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Mortgage Loans from Relatives

Occasionally, when dealing with close relatives who might also become heirs, signing a note and handling the paperwork properly may seem like a needless effort but it could mean the difference in being able to take a legitimate...

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Proof of Purchase

Proof of Purchase People who experience a property loss are usually asked by their insurance company for proof of purchase which can come in the form of a receipt or current inventory of their personal...

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Attracting Buyers

There is a common body of knowledge among real estate professionals that indicates that the longer a home is on the market, the lower the price will be. Many sellers discount this belief in the beginning because they feel...

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Rent of Buy – You Pay for the House You Occupy

Rent or Buy – You Pay for the House You Occupy The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that...

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Facts or Myths

“It’s impossible to get low down payment loans.” – MYTH! FHA down payments are 3.5% and VA is 0%. In some areas, there may be some 0% down payment USDA loans available. FNMA and Freddie Mac have 3% down payment...

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Happy New Year!

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Happy Holidays!

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It’s the Principal of the Thing

Most people think they’ll have a house payment and a car payment for the rest of their lives but it doesn’t have to be with a plan and a little discipline. The plan is to make additional principal contributions to a...

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