ARCHIVED BLOG POSTS
2013
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Shifting Debt to Tax Deductible - 4/24/2013 The Mortgage Interest Deduction is available to homeowners for up to $1,000,000 of acquisition debt on the combination of their first and second home. They can also deduct interest on up to an additional $100,000 of Home Equity debt. While Acquisition...
04/24/2013
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When to Sell the Temporary Rental - 4/15/2013 Some homeowners, who were not able to sell during the recession, chose to rent their homes instead. In some cases, they didn't need to sell their home at the depressed prices and opted to rent it until the market recovered. It's a valid strategy but...
04/17/2013
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Boomerang Buyers - 4/8/2013 It's estimated that 10% of the homes sold in 2013 will be to buyers who lost a home in the past five years. Approximately 500,000 buyers who may have thought they wouldn't own a home anytime in the near future will be homeowners again. It's estimated that several mil...
04/08/2013
It appears we're seeing more good news that the Missoula residential market is on a steady pace of recovery. Now that the 1st quarter is in the books I looked back at the amount of sales volume, the median sales price, the impact of REO/Foreclosure sales, and the amount of market supply. The da...
04/03/2013
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Bunch Your Taxes and Save - 4/1/2013 One of the drawbacks to low mortgage rates is that the total interest and property taxes paid for the year may be lower than the standard deduction. A little planning might be able to help you at least every other year. Most homeowners know they can deduct t...
04/01/2013