Don’t rouse the IRS or pay more taxes than necessary — know the score on each home tax deduction and credit. As you prepare your tax returns, be careful not to commit any of these eight home-related tax mistakes, especially if you are taking any home office tax deductions.  Tax pros say these common tax […]

If the Buyer is using a mortgage to buy your home, then the Lender will require that an appraisal be conducted.  Who Orders the Appraisal? The Buyer’s Mortgage Lender orders the appraisal, but the Buyer pays for it. When Does the Appraisal Occur? Usually, during weekday hours after the inspection negotiation has been resolved. Do […]

By: HomeFinder Staff | June 1, 2022 With sky-high real estate prices coupled with younger generations settling down with romantic partners and starting traditional families later than ever — if they even do at all! — it’s no wonder that buying an investment property with a friend is a trend on the rise. Citing data from […]

The home inspection will usually have been conducted within 2-10 business days after the contract is accepted. The Buyer will schedule the inspection, and their Broker will confirm the day/time that works for us (we want to accommodate it). Most Inspectors do not work evenings or Sundays. The home inspection must occur quickly as it often […]

By: Donna Fuscaldo Tax deductions for a second home vary greatly depending on how much you use the home and whether you rent it out. A vacation home offers a break from the daily grind, but it can also offer a tax benefit. The tax law allows most owners to lower their taxable income by […]