Remove Finance Remove Loan Officers Remove Property Taxes Remove Renovations
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A property tax reckoning is coming

Housing Wire

In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices.

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The Pros and Cons of Buying a House

PennyMac

Mortgage interest and property taxes may be tax deductible. Property taxes and HOA fees are the buyer’s responsibility. While the majority of your home’s purchase price will be financed into the mortgage, you will still need a down payment. You Pay Property Taxes. Mortgage Matters.

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Understanding Mortgage Payments

Assurance Financial

A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. About 96% of first-time homebuyers finance the purchase with a mortgage. How Does a Mortgage Loan Work?

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Does Refinancing Affect Your Taxes?

Assurance Financial

No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. These improvements may also reduce your liability for capital gains tax. This will help you remember how much money you spent and when you performed the renovations.

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Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Here’s how to know if the property you’re considering is a great investment, or just a great way to empty your wallet. So, you’ve finally found your dream vacation house. Buying a vacation home?