Archive | March, 2016

The Most Valuable Home Improvements

There are upgrades that increase the value of your home, and then there are improvements that increase the chances of selling your home. Paint, for example, will not increase the value of your home, but will greatly increase its curb appeal and ultimately, its salability. (But when you paint, choose neutral colors – nothing too outrageous.) Fixing cracked sidewalks, rickety steps and railings falls into the same category of improving your home’s curb appeal, if not its overall market value. Read More

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The Tax Advantages of Home Ownership

There are several tax advantages to owning a home. For most people, the biggest tax break will be the mortgage interest tax deduction.

As a home owner, you will be able to deduct mortgage interest (which is going to be most of your monthly mortgage payment initially) on your federal tax return. You can also deduct any points paid and the interest on a home equity loan or line of credit or second mortgage. Read More

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