Jim Savage's (oldcolonyhomes) Blog

Follow me
By
Real Estate Agent - Success Real Estate - 9062195

ARCHIVED BLOG POSTS

2010 

  • Jan
  • Feb
  • Mar
  • Apr
    (2)
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Mostly, this has to do with lowering your out of pocket costs by minimizing the amount of """"prepaid interest"""" you pay on your mortgage at closing. Interest on your mortgage begins running from the date your transaction closes, but most loans are due on the first day of the month. So when yo...
04/12/2010
Income Tax Savings Because of income tax deductions, the government is subsidizing your purchase of a home. All of the interest and property taxes you pay in a given year can be deducted from your gross income to reduce your taxable income. For example, assume your initial loan balance is $150,0...
04/12/2010
1 Comments
  From the desk of Jim & Tracy Savage Your home's square footage is important, not just because you know how much space you have to enjoy, but because it can also help determine your home's value. When you get an appraisal, one of the items listed is square footage. The appraiser will take this i...
04/12/2010
Rainer
5,611

Jim Savage

Let me Take You Home !
local_phone(781) 831-0791
smartphone(781) 436-0791
Contact The Author