I hate doing my taxes! The only I like about tax season is the chance to see my good friend Donna Gary. I hate prepping all my documentation for my tax person. But, It is my chance every year, to be reminded of the fact, this is what my clients do for me on a daily basis. They give my piles of paperwork, and then I push them together into a pretty pile for the underwriter. Filing your taxes can be a complicated and confusing process. If you are a home owner you may have many home tax deductions and credits to consider.
Since we recently passed the filing date for 2012 taxes, it may be a good time to plan for next year and get your tax tracking systems in place. Check carefully to make sure that you are not making any of these common homeowner tax mistakes – which could cost you money or get you in trouble with the IRS. Continue reading
Many home buyers have found the perfect house, signed on the dotted line and may think they’ve watched enough home improvement shows to know if the home they’re getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash.
Over the past 7 trading days, Mortgage rates were wounded with 2 of the largest one-day spikes in over 2 years. Rates rose last week with average rates a 30-year fixed rate mortgage rising from last week’s 3.35 percent to 3.42 percent with buyers paying all closing costs and 0.7 percent in discount points.
Mortgage rates fell again last week and are again near record lows.