Do you need a CPA? Or will a regular accountant do? The federal tax law signed by President Donald Trump Dec. 22, 2017, may affect home ownership tax benefits described in this article. The new law goes into effect for the 2018 tax year and generally doesn’t affect tax filings for the 2017 tax year. […]
Archives: January 2018
Is this holding you back?
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the down payment […]
Have you tried this place?
Lower Your Expenses without PMI
Mortgage loans for more than 80% loan-to-value typically require private mortgage insurance. Mortgage insurance reimburses the lender if a borrower defaults on a loan. PMI is expensive, and homeowners should be aware of how to remove it when certain conditions have been met. A borrower can request in writing for the lender to cancel the […]
Tips to find your new home
Now is the time to sell!
Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! How did we finish 2017? New-home sales were at their highest level in a decade. Sales of previously owned homes were […]
This Weekend in Colorado Springs!
Memorial Park Manitou Springs 502 Manitou Avenue, Manitou Springs, CO 80829 Join local Manitoids for this old fashioned event of tossing leftover fruitcakes. Local bakers will compete for the title of Fruitcake King or Queen and then the community will decide who makes the best fruitcake! They will be available to rent for all tossers. […]
Keep track of your purchase
You’ve found your dream home. Make sure missteps don’t prevent a successful closing. A home purchase isn’t complete until you make it to the closing. Until then, the transaction can fall apart for many reasons. Here are five tips for avoiding mistakes that cause a home sale to crater. 1. Be truthful on your mortgage […]
Why do you need a professional working for you?
Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional! You Need an Expert Guide If You Are Traveling a Dangerous Path The […]
Ready for Retirement
It can be shocking to hear how many people spend more time planning their vacation or next mobile phone purchase than planning for retirement. It is hard to imagine that they are expecting Social Security will take them through their golden years. A person who has paid in the maximum each year to social security can […]