by Patricia Roos | Jun 18, 2024 | Uncategorized
The gain on the sale of your home is determined by the price you sell the home, less selling expenses, less the price you paid for it, plus the capital improvements made during the time you owned the property. IRS and accounting use the term "basis" to...
by Patricia Roos | Jun 11, 2024 | Uncategorized
Owning a home has long been considered a fundamental part of the American dream. It represents far more than just having a place to live�it embodies values, aspirations, and a sense of security. Here’s why homeownership is widely regarded as a key component of...
by Patricia Roos | Jun 4, 2024 | Uncategorized
Are you in the market for a new home and wondering which mortgage option is right for you? While the world of home financing offers a surplus of choices, one option often overlooked is the Adjustable Rate Mortgage, or ARM. If you’re in a market where interest...
by Patricia Roos | May 28, 2024 | Uncategorized
Downsizing can be a significant life transition for any age person, but especially for seniors who may have lived in this last home for some time. Follow these suggestions to make the downsizing process smoother and less stressful. Start Early: Begin the downsizing...
by Patricia Roos | May 21, 2024 | Uncategorized
Who wouldn’t want to reside in a beautiful neighborhood adorned with meticulously manicured lawns? While some homeowners relish the thought of working on their yards, others may not share the same enthusiasm. If you’ve ever contemplated the idea of...
by Patricia Roos | May 14, 2024 | Uncategorized
Imagine looking around your home and wondering how you can make it shine during those crucial showings. The answer is simple: staging! It’s a powerful tool that can transform your property and raise its appeal. Your online listing photos serve as the initial...
by Patricia Roos | May 7, 2024 | Uncategorized
Owning a home not only provides a sense of stability and pride but also opens doors to potential tax benefits. As a homeowner, understanding tax credits can significantly impact your financial well-being. Let’s delve into some key tax credits and deductions...
by Patricia Roos | Apr 30, 2024 | Uncategorized
Over the last 60 years, the average sales price of homes has appreciated at a rate of 5.56% annually, according to the Federal Reserve Economic Data. During the same period, rent has increased at a rate of 3.88% annually which presents a compelling argument in favor...
by Patricia Roos | Apr 23, 2024 | Uncategorized
Before diving into renovation projects, it’s important to understand which upgrades are likely to boost your home’s value and which ones may not yield a significant return on investment. While certain improvements can enhance your home’s appeal and...
by Patricia Roos | Oct 10, 2023 | Uncategorized
Aspiring homeowners can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. Discover a variety of down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax...
