Owning a home can be a very rewarding experience, but it can also come with headaches involving taxes, permits, upkeep and repair, fees, insurance and more. Look for more information here in our articles, blog posts, videos and radio shows about what it means to be a homeowner.
Homeowner Looks For Tax Angle When Retiring
A homeowner wonders if they should move into an investment property to be able to take advantage of the profit tax-free. Tax laws changed several years ago and now give sellers more flexibility when it comes to keeping the profit from the sale of a home. Seller can keep up to $250,000 (or $500,000 if married) in profits when selling a primary residence.
How To Cut Cost Of Insurance
Homeowners may see an increase in their insurance premiums due to hurricanes and other natural disasters in 2004. Homeowners may be able to shop around to find the best insurance premiums and coverage. However, they could also try some of these easy measures to trim the costs of their current insurance coverage .
J.K. Lasser’s Homeowner’s Tax Breaks
There are 65 million homeowners in the U.S. and there are almost as many tax savings opportunities offered to them. Unfortunately, beyond the most com...
How To Determine Home Value
What's my house worth? How much could we sell our home for? If you're asking questions about your home's value, here's how to figure it out. You can use web sites to determine your home's value.
Property Taxes May Be Lowered With Exemptions
Learn about property taxes in the Chicago area. Property owners who don’t claim their homeowner exemptions may find that property taxes rise considerably in the years to come. Property tax exemptions include those for seniors who own homes.
Over-Appraised Loan Results In Foreclosure
Homeowners need to be careful about over-appraised mortgages. If the loan is over appraised, the homeowner may not be able to pay it back upon sale of the property. Beware of a predatory lender and file a complaint against the lender with the office that regulates banks and mortgage brokers and lenders, perhaps even the attorney general in the state in which you are located.
