What Your Home Inspection Should Cover
What Your Home Inspection Should Cover
1. Siding: Look for dents or buckling
2. Foundations: Look for cracks or water seepage
3. Exterior Brick: Look for cracked bricks or mortar pulling away from bricks
4. Insulation: Look for condition, adequate rating for climate
5. Doors and Windows: Look for loose or tight fits, condition of locks, condition of weatherstripping
6. Roof: Look for age, conditions of flashing, pooling water, buckled shingles, or loose gutters and downspouts
7. Ceilings, walls, and moldings: Look for loose ...
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Thursday, January 17, 2008
7 Reasons to Own Your Own Home
1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home.
2. Gains. Between 1998 and 2002, national home prices increased at an average of 5.4 percent annually. And while there’s no guarantee of appreciation, a 2001 study by the NATIONAL ASSOCIATION OF REALTORS" found that a typical homeowner has approximately $50,000 of unrealized gain in a home.
3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity owners...
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Wednesday, January 30, 2008
Current Real Estate News
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Thursday, January 31, 2008
Every Year at this Time
Every year at this time, folks have the feeling there is a little more in the air than love. Perhaps it’s the anticipation of another sharp pointed projectile aimed in our direction. This ‘other’ feeling isn’t coming from the warm caring feelings of one near and dear to us with the aid of Cupid’s bow. . . It comes instead in the form of Tax Forms from our not so ambivalent Internal Revenue Service.
Every year we Americans appear to pay our government more in taxes with less to show for it at the personal level, and each year we attempt to seek out just one more deduction to soften t...
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