Yogi Berra said he’d give his right arm to be ambidextrous. While most first-time home buyers are not going to that extreme, it is interesting to see what sacrifices are being made according to the National Association of REALTORS® 2016 Profile of Home Buyers and Sellers. 43% – cut spending on luxury or non-essential items 34% – cut […]
Archives: February 2017
Taxes error free?
Experts list the tax deduction mistakes that homeowners often make. Getting a bit queasy as tax time nears? Worried about making mistakes or missing out on a deduction — especially if this is your first time itemizing? Unless you’re a CPA, it can be easy to miss deductions, or worse: raise a red flag with the […]
The Impact of Homeownership on Educational Achievement
The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the […]
This weekend in Cripple Creek!
Cripple Creek200 Bennett Avenue Cripple Creek, CO 80813 Make it a family event this Saturday, February 11, 2017 and Sunday, February 12, 2017 at 11:00 am in Cripple Creek! The Cripple Creek Ice Festival is going on its 10th year. It features numerous fun events! There will be sculptures just for kids, ice slide, ice […]
Build your home the way you want it now!
15820 Woodacre CourtElbert, CO 80106 Priced at $80,000 Great 5+ acre lot on quiet cul-de-sac in Woodlake; a nicely established community. Requires septic and well. Well permit is in progress. Higher lot allows for walk out and nice views. Area is built out and this is the only lot available. Owners built a house elsewhere, […]
Are taxes different now that I’m a homeowner?
Magic 8 ball says yes. Here’s what to know to itemize tax deductions as a homeowner. Taxes? Gross! Who wants to think about government paperwork, especially when your hand still aches from signing the 977 forms required to buy your first house? But listen up: As a new homeowner, you can typically wave bye-bye to […]
Homeownership Offers Stability & Wealth Creation
The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity In a recent article by The Mortgage Reports, they report that “buying and […]
Have you been here?
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 interest deduction. Home mortgage interest is deductible only if the loan is a secured debt which involves the […]
This weekend in Colorado Springs!
Olympic Training Center1750 E. Boulder Street Colorado Springs, CO 80909 Go out this Saturday, February 4, 2017 to watch the Rocky Mountain Athletic Conference. Event starts from 9:00 am-2:00 pm for Session One, prelims, quarter finals and semi finals, then at 2:30, Session Two begins for 3rd place matches. Finally, at 3:45 are the finals […]