Not Just for Medical Professionals!
Today’s mortgage industry continues to evolve despite the constant market turmoil.
But, with President Barack H. Obama’s recent debt ceiling agreement, mortgage rates have significantly declined and the conditions for buying a home have become extremely favorable.
So, is now the right [best] time to buy a home?
Assessment
Source: www.askshah.com
Conclusion
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Filed under: Financial Planning | Tagged: debt ceiling agreement, home buying, home mortgages, mortgage industry, mortgage rates |
Mortgage Crisis … Not Over?
If the U.S. foreclosure crisis were a baseball game, we’d probably be in the bottom of the fourth inning.
That’s roughly the message from the latest data on home foreclosures and delinquencies released by an industry association recently.
http://bottomline.msnbc.msn.com/_news/2011/11/17/8859967-foreclosure-crisis-only-about-halfway-over
Hall
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Home Sales
Remember, if you decide to sell your home when you retire, $250,000 (or $500,000 if the home is owned by you and your spouse) of the gain is tax-free as long as you lived in it for two out of the past five years.
That also means you shouldn’t rent it out for more than three years if you don’t want to pay taxes on a lot of gain when you sell.
Frank
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On Real Estate Agents
Fifteen [15] Secrets of modern real estate agents.
http://www.msn.com/en-us/money/realestate/15-secrets-of-real-estate-agents/ar-BBMIfWg?li=BBnbfcN
Angela
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