This month’s issue of ‘Healthy Wealthy and Wise’ is now available. My Free Consumer Newsletter is loaded with useful Consumer & Health Tips, Wild Trivia, Funny Jokes, Entertainment, Quotes, and a bit of Money Saving ‘Insider’ advice from my Real Estate Radio Show!
Category Archives: Fairfax & Northern VA Homebuyer Savings Strategies
Tax Differences Between 1st and 2nd Homes
Do you own Northern Virginia real estate as a principal residence, and also own a second home at the beach or in the mountains that you use for vacations?
It’s important to know that although principal and second homes have some very similar tax benefits, there are also some differences that you should consider.
June 2012 Healthy, Wealthy & Wise Newsletter now available
This month’s issue of ‘Healthy Wealthy and Wise’ is now available. My Free Consumer Newsletter is loaded with useful Consumer & Health Tips, Wild Trivia, Funny Jokes, Entertainment, Quotes, and a bit of Money Saving ‘Insider’ advice from my Real Estate Radio Show!
If I'd only Bought Back in 2012…
In the future, it may be clear that this was the best buyer’s market ever. The prices are down nationwide 35-40% from four years ago, mortgage rates have never been this low and rents are rising. Few homes have been built in recent years to keep up with a growing population. Now may be the best time to buy real estate.
To Gift or Bequeath Your Northern Virginia Home – Tax Implications
You may be considering transferring the title of your Northern Virginia real estate to an adult child or another person as a gift. Or you may have made stipulations for its transfer in your will. The two situations may be treated differently by the IRS and can have significant tax implications.
Save Thousands with Loan Assumption
Home buyers, here’s yet another great way to save money on your purchase of Northern Virginia real estate: Assume an existing FHA or VA loan. The recent low interest rates on FHA and VA loans make assumption an attractive choice for many buyers who meet the qualifications.
Home Security – Summer Safety Reminders
Home Security – Summer Safety Reminders
Whether you are a renter or an owner of Northern Virginia real estate, home is a place that we all would like to feel safe and secure. Unfortunately, we cannot become complacent with our home safety habits, because burglars are especially active during the summer months, when many people vacation and leave their homes unoccupied.
Get Pre-Approved for Best Bargaining Power
All good real estate agents showing buyers homes for sale in Northern Virginia will agree that the benefits of having a lender’s pre-approval are undeniable. It is good for everyone involved in the home buying process; buyers, sellers and agents.
15 Year Mortgage VS. 30 Year – Save THOUSANDS!
Whether you are looking to buy Northern Virginia real estate, or are refinancing, it is worth it to consider entering a 15 year mortgage over a 30 year one. If you can handle payments, which will be a bit higher, you’ll enjoy the lower interest rate and faster equity accumulation. Take the example in the […]
Tax-Free Rental Income Opportunity
I am always on the lookout to help owners of northern Virginia real estate benefit as much as possible from their home investment. Did you know that you can rent out part or your entire home and not have to declare that rental income? You as a homeowner can benefit from a little known provision […]