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property taxes: Obama Administration Targets Mortgage Interest Deduction! - 02/09/10 11:36 AM
The interest deduction costs the Treasury more than $80 billion a year according to sources and President Obama's 2011 Budget just announced surprised many in Washington for going after what has been called one of the "Sacred Cows".
The proposed budget, caps the value of itemized deductions based on a taxpayer's income, in essence eliminating the mortgage interest deduction for single taxpayers making more than $200,000 a year. ($250,000 joint returns). The move is designed to raise nearly $179 billion next year by increasing taxes on wealthier Americans.
Current law allows interest on up to $1 million in total mortgages on first … (9 comments)

property taxes: North Carolina No. 1 in the country for its business climate!.... - 11/04/09 10:16 PM
North Carolina continues to be ranked No. 1 in Site Selection's annual business climate rankings, eight times in the past nine years. It may be due in part to the states infrastructure of higher learning.
Site Selection magazine has ranked North Carolina No. 1 in the country for its business climate followed by Texas, Virginia, Ohio and Tennessee. The magazine cites new high-tech development and North Carolina's technology-focused academic centers as strengths for business growth. Click here or the magazine cover to read the article.
Moore County North Carolina is a great place to work and live. Offering a rural, low key-key life style but … (1 comments)

property taxes: Loan Fraud Hurts Everyone... - 02/03/08 03:15 PM
Recently we read about a real estate agent in Florida who allegedly inflated the prices of nine homes in Tampa and North Pinellas, so buyers could get larger loans. In most cases, the homes were mortgaged for approximately $100,000 more than their true market value! Should the allegations prove true, then these transactions definitely fall into the category of loan fraud and the perpetrators involved should be brought to justice!
Loan fraud is a criminal activity that capitalizes on a human weakness commonly referred to as greed. In the above example, the buyer pays more for a property than its worth, and the … (1 comments)

 
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Wayne and Lynda Gomillion

Pinehurst, NC

More about me…

Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC

Address: 19 Chinquapin Road, Pinehurst, NC , 28374

Office Phone: (910) 585-2400

Cell Phone: (910) 585-2400

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We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.


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