homeownership

Buying a home comes with costs that you need to prepare for. Every home buyer should save more than enough funds in order to cover out-of-pocket fees that come with home buying a home. It’s true, there are low- to no- down payment mortgage options for low-income earners who dream of becoming homeowners sometime soon. A lot of first-time and repeat homebuyers wish to qualify for these programs. However, it...

Homeownership is an exciting experience. More than a goal, it is a journey. For it to be meaningful, it has to be experienced. Homeownership is very personal. However, all homeowners have one common desire — to keep their homes, where they feel safe and secure. Turning it into a reality can be both fun and scary. It can be the most expensive and biggest investment you will have to make. At the same time, it c...

Mortgage interest tax deduction has always been one of the best incentives of homeownership. So how does President Donald Trump’s new tax rule change all this? If you are a current homeowner, planning to purchase, sell, or move in the near future, you need to be aware of how the new tax law will affect you. The tax bill signed into law by US President Donald Trump on December 22, 2017 marks a new era of hom...

At the end of every financial year, a taxpayer is entitled to a tax refund if the amount of withholding and estimated taxes he or she paid exceeds the actual amount that he or she owes. This year, the IRS issued around $13 billion worth of tax refunds, spread to approximately 20 million entities. The average refund is about $2,050. If you are planning to buy a home or refinance your existing property, your tax ...