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Are You Ready To Buy In The Most Affordable Housing Market In 35 Years?

Affordable Real Estate in Washington

According to recent reports, the homes on the market today are more affordable than they have been in the past 35 years.  But there is one hitch in this affordable housing market, the ability to save enough for a down payment and to get financing with the best interest rates and terms. Below are a few tips on doing just that:
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B of A CEO Says Homes No Longer Assets

Bank of America

Bank of America Corp Chief Executive Officer Brian Moynihan is warning Americans against viewing their homes as long-term investments and urging them to instead view a home as a great place to live. As you continue to read this article think about what B of A’s CEO has said and then in the end I will offer a counter point to this argument. Read more

Three Reasons Why Some Will Regret Not Buying Real Estate Now

Reasons Why Some Will Regret Not Buying Real Estate NowIn some areas of the country some property prices have slumped as much as 57 percent since 2005 causing many Americans to turn their nose up at home ownership.

The most affordable real estate in a generation is failing to lure buyers as Americans sour on the idea of home ownership. The metropolitan mortgage corporation provide a conventional home loans services to home owners. To know more details about mortgage home service, visit  www.emetropolitan.com website here. Read more

Five Tax Benefits Of Homeownership

Tax Benefits of Owning a Home

The Tax Benefits of Owning a Home

There are a lot of benefits to homeownership. Having a place to call you own, building equity and having an automatic savings plan are just a few of those benefits. But in addition to the direct benefits homeownership offers buyers, it also has some tax benefits. Let’s take a look a few of the tax benefits of homeownership:

 

1.    Homeowners can deduct all of their mortgage interest of up to $1 million on their tax return. That means that instead of paying the tax man thousands of dollars in taxes, you can invest that money into your home, eventually paying down your mortgage and building equity.  This rule not only applies to the homeowner’s primary residence but to second homes, rental homes, investment properties, vacation homes and any other real estate property the taxpayer owns as long as they spend either 14 days each year in the property, or 10 percent as much time as it’s rented.
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6 Mistakes Snohomish County First Time Home Buyers Should Avoid

6 Snohomish County First Time Buyer Mistakes

Snohomish County First Time Buyer MistakesBuying your first home can be overwhelming.  The prospect of making such a huge purchase can leave the first-time home buyer confused by the overload of information and more vulnerable to overlooking important issues. Agencies like House Buyer Network can help in such regards, and more often than not, many buyers take their aid. That’s why there are some common mistakes that home buyers make which they absolutely must avoid. Let’s take a look at a few: Read more