Many states bill you twice annually, while some states bill quarterly. You will need to be sure that you have enough money set aside to pay your property tax bill. Alternatively, you can wrap them into your mortgage, so you’ll technically be making monthly payments that will go toward ...
Stephen Rynkiewicz
Moving into a new house: checklist Consider some to-dos while the house is still empty. Content Type:Article Reading Time2 min Save 3 tips every homebuyer needs to know Buying a house is a big life step for anyone. Whether you are hoping to buy your first house, a condo in a new ...
How much should you put down when buying a house? The amount you pay as your down payment when buying a house depends on your goals and financial situation. Saving for a larger down payment may be worth considering if you prefer to have a lower monthly mortgage bill. Paying too much coul...
Discover the 4 simple steps to buying a house in Bali Indonesia safely, and cheaply, in this complete guide to the Bali real estate purchase process
Everything You Need to Know about Buying a House When You Have Student Loan Debt It's no secret that student loan debt can put a serious damper on your plans for the future, especially when it comes to buying your first home. Some studies even suggest that student loan debt ...
The Petropouloses agree, and point out that the whole family learned from the building experience. Their children joined builder meetings, saw the foundations getting laid, and marveled at seeing a house with no walls. Today, they know how plumbers install pipes and electricians wire rooms. They...
Houses new or old can suddenly need a new heating system, or a new roof. When you have a landlord, he sends someone over to fix it and pays the bill. If you buy a house, you may find yourself wishing you had a landlord to call. On the bright side, you can control how well ...
If you are in the 25% tax bracket, deducting the interest basically means Uncle Sam is paying up to 25% of it for you. Points When you buy a house, you may have to pay "points" to the lender in order to get your mortgage. This charge is usually expressed as a percentage of the...
A credit is subtracted directly from your tax bill. The total tax amount you owe the IRS will decrease by $1,000 if you claim a $1,000 tax credit. A tax deduction reduces your adjusted gross income (AGI) which in turn reduces the amount of taxes you'll owe. Your tax liability will...