Benefits Of Owning A Home

 Freedigitalphotos.net Tax deductions: Mortgage interest and property taxes are actually a huge benefit to a homeowner when April 15th comes along.  Appreciation Equity: The portion of the home that is actually owned rises over time. Equity and appreciation often leads to the purchase of a better second home. According to the National

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Filling In The Gaps

Freerangestock.com Caulk and insulation do two very important things for your home; they stop outside air from coming in and they keep expensive heart and air conditioning from escaping. Look for holes, gaps, and cracks, especially around where different surfaces come together or where pipes, vents and wiring goes through

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Property Tax Exemptions

Flickr.com Homeowner (Homestead) Exemption: Actually living in your home instead of having an investment property or vacation home entitles you to a sizable tax break. Senior Citizen Exemption: Senior citizens may be eligible for tax breaks. Home Improvement Exemption: If significant improvements are made to your home, the increased value of your home

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Real Estate Ad Terms And Lingo

Flickr.com 4B/2B: 4 bedrooms and 2 bathrooms Assum.fin.: assumable financing Closing costs: The entire package of expenses paid by the buyer and the seller when the real estate deal closes. These costs include the brokerage commission, mortgage-related fees, escrow or attorney’s settlement charges, transfer taxes, recording fees, title insurance, etc.

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