Category: Financial
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Tax Rules
3 Tax Rules you need to Know if you Purchased a House Last Year! Buying a house is a big investment Buying a house can come with lots of hidden expenses. Maybe repairs you didn’t expect, higher utility costs and homeowner or neighborhood association fees. You can save some money on your taxes by taking…
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Prices & Rates
Housing prices and interest rates aren’t going back down! Mortgage rates surged to the highest level in two years, leaving homebuyers on high alert as further increases loom. Things aren’t going back down. Now is the time to buy! 30 year fixed mortgage The rate on the 30 year fixed mortgage – the most common…
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Investors
In a tough home-sales market, investors are winning Rising prices and shrinking inventory have made it difficult to bid successfully on a home. This is frustrating for home buyers. Why? During the third quarter of 2021, investors bought more than 18 percent of the homes sold in the United States. That equates to 90,000 homes…
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Winterize Home
Winter is coming with cold weather, snow and ice which can cause havoc on your house and property. It is necessary to prepare your house for winter. There are a number of steps you can take to winterize your home. Insurance Policy Review you home insurance policy to make sure you are sufficiently protected from…
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HOME HEATING
Keeping your home heating system maintained As temperatures drop and the weather outside gets a little more frightful, your home should be warm. But ensuring the comfort of a well-heated home on those cold winter days, begins with keeping your heating equipment properly maintained. Here are some tips to keep you warm…. Staying on top…
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Understand Your Options to Avoid Foreclosure
Even though experts agree there is no chance of a large scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time, that’s little comfort to those individuals who are facing challenges today. If…
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Interest Rates
What you should do before interest rates rise!!! In today’s real estate market, mortgage interest rates are near record lows. If you have been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options…
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Conveyance Tax
Selling residential property comes with conveyance tax, or a tax on the transfer of property. This tax is paid by the seller, unless otherwise noted in the purchase agreement. In Connecticut, there is a conveyance tax at both the state and municipal level. Municipal town clerks collect the entire conveyance tax and give the state…
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Why Selling Your Home on your Own is a Mistake
There are many benefits to working with a real estate professional when selling your home. If you are considering selling on your own (For Sale By Owner FSBO), it’s critical to consider the following items: Your Safety is a Priority A Powerful Online Strategy is a Must to Attract a Buyer Too Many Negotiations to…