Mike Morgan's (lyndamorgan2) Blog

This year’s tax filing season is behind us, but if you sell your home this year (or any other, for that matter), you’ll find your home will shelter your taxes as well as your family. Specifically, the Taxpayer Relief Act of 1997 provides a substantial exemption on your capital gains when you sell...

You find a neat “fixer-upper,” then learn that banks won’t lend until the repairs are done, but the repairs can’t be completed until the house is purchased! This Catch -22 scenario can be solved by HUD’s FHA – backed 203(k) rehab loan, growing in popularity because so many foreclosure purchases a...