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We are pleased to present below all posts tagged with ' real estate'. If you still can't find what you are looking for, try using the search box.
The recent passing of the tax reform bill has caused an incredible amount of scrutiny and opinion towards the effects it will have on home ownership. It is during times like these that we need to examine the facts of the new plan, and then reflect on the main benefit of home ownership and the reasons we buy a home.
Let’s start with the facts. In relation to real estate lending and home ownership, there are three main changes to the tax plan to consider:
Let’s face it; The Weather Channel© has changed all of our lives. We watch live minute to minute updates of weather patterns and storm fronts. Experts try and predict events for the next half hour to the next 10 days, to years in the future. They consider longer term cause and effect (El Niño comes to mind) to try and identify what type of seasonal weather we will have. We need the forecasts to help us plan our day, month, and season. Do we bring an umbrella today? Do we buy a new snow blower? When should I plant the tomatoes?
Have you ever heard this one? “It’s not worth refinancing unless you are going to drop your rate by 2%”. It is generally preceded by “my parents told me”…
I cannot tell you how many times I have heard that in the past 13 years. So, where did the notion of the 2% threshold to refinance come from? It is driven by the average sales price of a new home. Let’s do the math.
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