Tag Archives: closing

Are Closing Costs Deductible?

The answer to whether closing costs are tax deductible — or mortgage interest and property taxes for that matter — is often maddeningly, “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, … Continue reading

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What You Need to Know About Buyer Love Letters to Home Sellers

Did you hear the one about the dog who wrote a love letter? Not to his owner, but to a home seller. Well, actually the dog’s owner wrote the letter in Buddy’s voice, describing how wag-worthy the house was and … Continue reading

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What to Expect when you’re (Home) Inspecting

The first thing you need to know about home inspection: You’ll feel all the feels. There’s the excitement — the inspection could be the longest time you’re in the house, after the showing. Right behind that comes … anxiety. What … Continue reading

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Selecting a Mortgage Loan

Whether you’re shopping for new bed sheets or a new car, the drill is usually the same. Hit the reviews, check with friends, and scope out the best deal. After all, who wants to buy a car that racks up … Continue reading

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Home Appraisals Step by Step

Most people have deeply personal reasons for wanting to buy a home. Maybe it’s the bathroom that feels like a dreamy, modern spa. Or that two-tiered deck just made for parties. Your lender doesn’t care about the freestanding tub. Or … Continue reading

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8 Simple Rules for Negotiating Your Offer

Here’s the dream: Your offer is perfect, you don’t need to negotiate, and you can spend the next few weeks addressing more pressing home-ownership questions, like “Why is it called wainscoting?” and “Do I want a new couch in blush … Continue reading

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Existing-Home Sales Climb 3.6% in December

WASHINGTON (January 22, 2020) – Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth … Continue reading

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Home-Buying Myths About Mortgages

Think you’re not ready to unlock home ownership yet? That the financial hurdles are too high? You may be short-changing yourself. Many of the things renters believe about home-buying are myths. Here’s the real deal. Myth: I Have to Put Down 20%. … Continue reading

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NAR: Home Prices Post More Gains in Second Quarter

August 7, 2019 Home prices in the second quarter continued to rise in the majority of housing markets across the country. Ninety-one percent of 178 metros tracked saw home price gains in the second quarter, according to the latest report … Continue reading

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