Friday, June 14, 2013
|
|
|
|
1. Do not make any changes to your employment, income, pay structure or number of hours worked.
2. Do not forget to disclose all income and losses that are reported on your tax returns.
3. Do not monkey around with your bank account.
| Posted by dawnmitchell at 7:56 AM |
|
|
|
|
|
|
2. Do not forget to disclose all income and losses that are reported on your tax returns.
3. Do not monkey around with your bank account.
4. Do not allow any derogatory marks on your credit report or overdrafts on your bank.
|
| Posted by dawnmitchell at 7:56 AM |
|
|
|
|
|
|
1. Do not make any changes to your employment, income, pay structure or number of hours worked.
2. Do not forget to disclose all income and losses that are reported on your tax returns.
3. Do not monkey around with your bank account.
4. Do not allow any derogatory marks on your credit report or overdrafts on your bank.
5. Do not incur any additional debt during the mortgage process.
6. Do not forget to tell the lender about debts that are not reporting on your credit
7. Do not forget to lock your rate. |
| Posted by dawnmitchell at 7:56 AM |
|
|
Wednesday, June 12, 2013
|
|
|
|
Mortgage rates are rising.... They are projected to be near 5 percent by this time next year, compared to the 3.5 percent average of the past 12 months. Certainly, rising rates are bad news for buyers and some potential homebuyers will be pushed out of the market. For example, the number of renter households that have sufficient income to buy a $177,000 home at a 3.5 percent mortgage rate is 17.8 million. The number drops to 14.9 million at a 5.0 percent mortgage rate, which is a decline in percentage terms of 16 percent. |
| Posted by dawnmitchell at 10:23 AM |
|
|
|
Saturday, June 01, 2013
| Posted by dawnmitchell at 11:24 AM |
|
|
Tuesday, May 14, 2013
|
|
|
|
1. Dirty
2. Bad odor
3. Outdated fixtures
4. Wallpaper
5. Poor curb appeal
6. Clutter
7. Overpriced! |
| Posted by dawnmitchell at 11:17 AM |
|
|
Tuesday, April 16, 2013
|
|
|
|
STETSON HOMES HAS TWO PARADE HOMES!!!!
Legacy in Eagle & Larkspur in Meridian.
The parade starts April 27th and ends May 12th.
For more information..... contact me!!!!
Stay tuned..... more to come......
|
| Posted by dawnmitchell at 3:32 PM |
|
|
Monday, April 01, 2013
|
|
|
|
March was another great month for Boise Real Estate. 335 homes sold last month and only 20% of them were distressed (short sale or bank owned). Also, the average price is up and broke the $200,000 barrier at $201,870! Currently there are only 852 active homes for sale in Boise. There are a total of 723 homes pending. The demand for housing is high!!!! Affordability with low interest rates makes a lot of sense for long term investment!
|
| Posted by dawnmitchell at 3:29 PM |
|
|
Sunday, March 24, 2013
|
|
|
|
Here is a short list of real estate moves that trigger surprising tax issues, pro and con:
1. Refinancing. American homeowners have been on a refinancing spree this year, spurred by continually low interest rates and a new resurgence in home values and equity. When you refinance into a lower interest rate mortgage than you previously had, the focus tends to be on the fact that your monthly payment is lower or that you can pay your home loan off faster with the same payment every month.
What many fail to calculate for is that the tax deduction based on your mortgage interest is the largest tax perk of home ownership. Most homeowners are eligible to deduct 100% of the interest they pay on a mortgage up to $1 million on their primary residence. So, if you reduce the interest you pay, you also reduce your mortgage interest deduction.
2. Becoming a landlord. Smart real estate investors get up to speed on capital gains tax laws, as its no surprise that selling a rental property at a profit triggers
|
| Posted by dawnmitchell at 9:06 AM |
|
|
|
|
|
|