When is the Best Time to Sell Your House? 5 Factors to Consider
By Daniel Bortz Mar 4, 2023 (Getty Images) Timing makes a huge difference in terms of selling your home quickly and for the most cash. But here’s the thing: The rules on [...]
Which Locations Qualify for a USDA Loan? (Hint: It’s Not Just Rural Areas)
By Kimberly Dawn Neumann Feb 27, 2023 (Getty Images) When people hear that the United States Department of Agriculture offers home homes, many might presume they’d have to buy a farm out [...]
Tax Deductions on Home Equity Loans and HELOCSs: What You Can (and Can’t) Write Off
By Audrey Ference Feb 26, 2023 (Image by Steve Buissinne from Pixabay) Do you have a home equity loan or home equity line of credit (HELOC)? Homeowners often tap their home equity for some [...]
How to Take a Home Office Tax Deduction When You Work From Home
By Margaret Heidenry Feb 21, 2023 (iStock) Of all the tax breaks available, the home office tax deduction is among the murkiest and most misunderstood. And the passage of the [...]
On the House: Is Down Payment Assistance Available to First Time Homebuyers?
By Clare Trapasso Feb 9, 2023 (Getty Images / Realtor.com) Q: What kind of down payment assistance programs are available to first-time homebuyers? Who doesn’t love free money—especially when it [...]
What is a FHA 203(k) loan? Benefits Requirements and How it Works
By Erik Gunther Feb 8, 2023 (Realtor.com) Whether you’re buying a fixer-upper or just want to modernize the kitchen of a dated home before you move in, a FHA 203(k) loan insured [...]
What Is a Foreclosure? 4 Crucial Elements Homeowners Must Know
By Daniel Bortz Jan 29, 2023 (KLH49/iStock) What is a foreclosure? When a homeowner doesn’t pay their mortgage for an extended period of time, a lender will take possession of the home—which [...]
Want a Low Interest Rate? When Switching Your Mortgage to an ARM Makes Sense
By Lisa Marie Conklin Jan 19, 2023 (Getty Images) If you have a fixed-rate mortgage, your payment is the same amount every month and never changes no matter how much the [...]
Want To Lower Your Mortgage Interest Rate? You Can Actually Buy It Down
By Lisa Marie Conklin Jan 10, 2023 (Getty Images) Many homebuyers today are losing sleep over steeply rising interest rates, which have more or less doubled over the past year and [...]
What Is an Interest-Only Mortgage? An Affordable Home Loan, at Least at First
By Daniel Bortz Dec 5, 2022 (Getty Images) An interest-only mortgage is a type of home loan where you start off paying only the interest for a certain time period, [...]
