Don’t overpay for title insurance

Don’t overpay for title insurance Many refinancing borrowers continue to overpay for title insurance because they don’t know enough to ask. Not everyone is eligible, however. Cutoff dates In most states, insurers set a cutoff on how old a mortgage can be to be eligible for a reissue rate. The most common cutoff is 10 …

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Real estate tips to guard against losing your home

Real estate tips to guard against losing your home Time and time again, home-buyer wannabes state that the reason they are still fence-sitting is that they don’t want to end up in the same trouble the last generation of homeowners did. Well, there’s a very slim chance of that happening, given the changes in the …

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Still Time to Have Forgiven Mortgage Debt Excluded as Taxable Income

Homeowners who have had mortgage debt forgiven after a foreclosure, modification, or short sale may be able to exclude the canceled debt from their taxable income if they meet specific criteria. According to Gil Charney, principal analyst at The Tax Institute at H&R Block, the specific criteria to have forgiven debt excluded are the debt …

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Three tips for staging your home to sell

Today’s buyers are looking for turnkey homes. That is, they want to move right in without having to do a lot of work. Buyers with busy lifestyles pay a premium for listings that are in prime condition. Staging can make the difference between a listing selling or not, the time it takes to sell, and …

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