Standard or Itemized Deductions

The Tax Cuts and Jobs Act of 2017 increased the standard deduction to $24,000 for married couples.  There will be some instances that homeowners may be better off taking the standard deduction than...

Eliminate FHA Mortgage Insurance

Mortgage insurance premium can add almost $200 to the payment on a $265,000 FHA mortgage.  The decision to get an FHA loan may have been the lower down payment requirement or the lower credit score...

Year End Tax Newsletter

One of the first steps in a good outcome is knowing a little bit about what you’re about to undertake.  By being aware of some of the areas regarding homes that may not come up every year in a...

Your Real Estate Resource

Being a better homeowner is a full-time job.  It’s not just about making better decisions when you buy and sell; it’s making better decisions throughout the time you own the home. It...

44 Times More Than a Renter

The Federal Reserve Board’s Triennial Survey of Consumer Finances recently revealed the net worth of a homeowner was $231,400 compared to $5,200 for a renter.  The net worth of homeowners...

Gift of Equity

There is a little-known mortgage program that could provide the vehicle for the right person to get into a home.  If a person sells their home to another for less than the fair market value, the...

Do You Know the Way?

It may be natural for first-time buyers to be unsure of the process of buying a home because they haven’t been through it before but even repeat buyers need to know changes that have taken...