homeownership: How Does The New Tax Bill Impact Homeowners?
- 01/02/18 01:36 PM
How Does The New Tax Bill Impact Homeowners? Many homeowners, buyers, and sellers are wondering how the tax reform legislation that passed in December is going to impact them. As with most things in real estate – it depends. There are several items in the bill that affect the housing market. Below is an overview of what it means for homeowners, buyers, and sellers. Mortgage Interest Deduction – through the end of 2025 new home buyers will only be able to deduct interest on the first $750,000 of a mortgage. This is a decrease from $1 million. The deduction cap will revert to $1 … (12 comments)
homeownership: Tips To Organize Your Storage Closet
- 01/01/17 10:21 AM
Tips To Organize Your Storage Closet Storage closets often look very messy and unorganized because they hold a lot of miscellaneous and random items. It builds up over time and you suddenly realize it's overflowing and unorganized. While they might be full of a hodgepodge of items it is possible to keep them organized and attractive.
Take Everything Out and Sort All Items By taking everything out you can then organize it into piles of “like” items. While you are removing everything from the closet take time to get rid of anything that you no longer use or need. If you haven’t used it in … (16 comments)
homeownership: 5 Winter Home Maintenance Tips
- 12/10/16 11:24 AM
5 Winter Home Maintenance Tips Cold temperatures have arrived in Northern Virginia and with that comes a friendly reminder to show your home some extra love in the form of winter maintenance. Maintaining your home as the seasons change will in the long run save you money and make it a more comfortable place to live. Do not defer maintenance until you have a problem – it can be very costly if you do.
Tune Up Your Heating System- For a nominal fee a technician will inspect your furnace or heat pump to ensure it's clean and able to achieve its intended efficiency. … (10 comments)
homeownership: 5 Tips for Organizing Your Garage
- 12/04/16 08:54 AM
5 Tips for Organizing Your Garage Many of us have a garage but, don’t use it to store our car in. The reason? Too much stuff! Garages often end up neglected messy spaces that accumulate a plethora of items over time. Organizing your garage will not only make it look better it will also enable you to get a lot more use out of it.
Ceiling Storage – for less than $100 in materials this is an easy DIY project that will make better use of your garages space. Store items in ceiling storage that you don’t use regularly such as holiday … (19 comments)
homeownership: 7 Holiday Safety Tips
- 12/04/16 08:43 AM
7 Holiday Safety Tips The holidays bring good times with family and loved ones, delicious food, and time to relax and recharge for 2017. It’s a wonderful time of year! It’s also a time of year that we need to make sure we’re mindful of safety items so that we keep ourselves, children, pets, and our homes safe.
Leave The Lights On – with holidays come lots of travel and you’ll want to be sure you leave the lights on at home while you’re away. It’s inexpensive to purchase a timer to put them on. Be sure to select a light in … (17 comments)
homeownership: Washing Machine Hose Replacement
- 12/28/15 10:55 PM
Washing Machine Hose Replacement When was the last time you changed your washer hoses? They are very likely not something you think of often but, they do need to be replaced. Bursting washing machine hoses can cause massive water damage in homes. In fact, they are responsible for $150 million in damage to homes annually.
Most homeowners aren’t aware that you should change your washing machine hoses every 3 to 5 years. The rubber in the hoses cracks overtime and becomes weak which can cause them to burst. Rubber washer hoses are very common because that’s typically what the manufacturers send with the … (19 comments)
homeownership: Winter Home Maintenance Tips
- 10/12/15 03:53 AM
Winter Home Maintenance Tips As the temperatures start to drop now is a great time for homeowners to focus on some important home maintenance items before the cold sets in. Maintaining what is probably one of your biggest investments will save you money in the long run and taking care of these items will be easier while the weather is still nice vs. waiting until it’s below freezing and dare I say snow is falling.
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homeownership: Homeownership and Financial Planning
- 08/08/11 10:08 AM
For the most part when consumers think of buying a home they think of the financial planning that goes into being able to purchase a home. Saving for a downpayment and preparing your credit before applying for a loan are very important but, it doesn't stop there. Financial planning for home repairs and maintenance needs to continue after the home purchase is complete. As a homeowner "calling the landlord" no longer exists.....you are the landlord! That means if something breaks, leaks, or stops functioning as it should it's going to be on your dime to fix it. You will either need the cash reserves or have … (0 comments)
How Does The New Tax Bill Impact Homeowners?
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