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Looking to Renovate?

Looking to Renovate?

Explore These Options to Finance.

Whether you are looking to freshen up or expand your existing home or a new home you are considering purchasing, the question always comes up about how to pay for this. The answer to this question depends somewhat on how much you are talking about financing and how long you believe it will take you to repay. Let’s take them one at a time. If you are trying to renovate the home you ...

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Three Critical Ways to Protect Your Family

Three Critical Ways to Protect Your Family

Do you have a Will? Certainly not a subject I ever relished discussing…and it appears a lot of people feel the same since somewhere between 55 and 65% of Americans do not have one. If you are in that percentage, I urge you to look into it for yourself. My wife and I were fortunate to have friends who stressed the importance of having one, so after we were married we had a living trust prepared. ...

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Private Mortgage Insurance Is Tax Deductible for 2007

New Law passes for 2007
If you obtain a new home loan with PMI (private mortgage insurance) in 2007, you might be able to deduct the cost of the insurance on your 2007 tax return. The rules are just as complicated as most other tax laws, so you should consult a CPA for guidance.

What is PMI?
It protects the lender from the risk that you might default on your home mortgage. As the borrower, you pay the PMI premiums. PMI ...

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