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Money Matters

What Forbearance Means for You

Over 4 million Americans have put their loans into forbearance. Up until recently, there has been a lot of uncertainty about what it means when a borrower's loan goes into forbearance. Will there be a huge lump sum owed at the end of the forbearance period? Will it have an impact on credit? Will people be able to purchase or refinance in the future[...]

The Tax Cuts and Jobs Act – What it Means for Homeowners

Source: National Association of Realtors The Tax Cuts and Jobs Act was finalized on December 20, 2017 and went into effect after December 31, 2017. So what does this mean for you, as a current or potential homeowner? We give a breakdown on important numbers for current and potential homeowners here: $750k = limit on mortgage interest deduction[...]

What The Republican Tax Bill Means For The Value Of Your Home

Source: Samantha Sharf at Forbes Trump's Tax Cuts & Jobs Act was released at the beginning of November (follow the live coverage about it on The Wall Street Journal's website). Three major components of this Reform that are relevant to buyers, sellers, and investors are: the mortgage interest deduction will go from $1million to $500k, a [...]

Worried about higher property taxes? 6 things you need to know about protests and alternatives.

Source: Aldo Svaldi at The Denver Post If you disagree with the value of your property, the deadline to protest is June 1st. On the fence if you should protest? Find a friendly real estate broker (we know a couple!) to compare your house to recent neighborhood sales. If the value of your house comes out lower, then it may be worth it to protest. [...]