While bankruptcy deals a devastating blow to your credit and your credit score, the effects don’t have to be lasting. And contrary to what many believe, you could be qualifying for loans with good rates and terms long before the bankruptcy drops off your credit report. Nothing in Credit is forever If you’ve recently filed […]
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Buying A Home After A Foreclosure Or Bankruptcy
There are numerous buyers who suffer financial hardship stemming from life events that are beyond their control. Unemployment, illness, death, and divorce can introduce financial misfortunes that seem overwhelming. Feelings of desperation and hopelessness compound the problem when the buyer adopts an attitude of resignation to his plight. Credit reports are mathematical tools that quickly […]
PMI May Be Tax Deductible
The federal government is allowing a tax break for private mortgage insurance on loans obtained in 2007. If you obtain(ed) a new home loan with private mortgage insurance in 2007 or thereafter, you might be able to deduct the cost of the insurance on your federal income tax return. The rules are just as […]
Living Green & Saving Green: 20 Tips
1. Kill ‘vampire’ electricity: Many appliances use electricity even when they’re turned off. It’s called phantom load, or vampire electricity, and as much as 75 percent of the electricity used by home electronics and small appliances is used while they are turned off. The Ohio Consumer’s Council estimates that is costs consumers $40 to $100 […]
Seller Frequently Asked Questions
Q. How can I find out what my home is worth? A. Our agents have a thorough knowledge of the current real estate market and will prepare a comparative market analysis (or CMA) for your home to help you set a competitive price. Click here to contact Jason Opland and to find out how much […]
6 Hot Housing Trends
Some of the latest trends in homebuilding and remodeling were not too hard to spot. Is anyone surprised that Americans, already living in monster homes, want even bigger ones? But there were some developments we never saw coming. Steam showers are a hot trend. Here’s a few of the most popular trends andthose you might […]
RottenNeighbor.com
A new website promises to help you find your dream home in your dream neighborhood. It does so, by tracking and locating “rotten neighbors”. RottenNeighbor.com is being marketed as a tool for home buyers and real estate agents. It is open and anonymous. You can post anything about your neighbor and he or she […]
12 Ways To Fail At Real Estate Investing
We™ve all seen, or at least heard about the TV shows that seek to teach us how to succeed in real estate investing. While many of these programs offer a decent education on the subject matter, they often fail to include critical elements that can, and will dictate the success, or failure of your real […]
Becoming A Landlord
Becoming a landlord can be a good way to make money if you play your cards right. But it doesn’t happen overnight. Be prepared to do some homework before you get started, or you could end up losing money and put yourself in legal jeopardy. The price is right If you live in an […]
Investors: Tax Treatment Of Real Estate Sales
The Taxpayer Relief Act of 1997 provides that you can exclude the gain on the sale of a home so long as the home is sold after 6 May 1997 and the taxpayer lived in the home for two of the past five years. The maximum amount of gain that can be excluded is $250,000, […]
