When most people think about the tax advantages of owning a home, they usually think of deducting mortgage interest and property taxes. For years, those deductions were considered among the biggest financial benefits of homeownership. But today, fewer homeowners are actually receiving those deductions because such a large percentage of...
Read more
About: Maggi Pritchard
Recent Posts by Maggi Pritchard
Understanding the Difference Between a Second Home, Vacation Home, and Investment Property
Maggi Pritchard
Comments are closed
Many people dream about owning an additional property beyond their primary residence, whether it’s a beach condo, mountain cabin, lake house, city apartment, or rental house. But from a financing and tax perspective, not all properties are treated the same. How a property is classified depends largely on how often...
Read more
Why You’ll Benefit from a Homeowner Advisory Session
Maggi Pritchard
Comments are closed
At this time of year, many homeowners start to take a closer look at where they stand. The pace of the market has settled, summer projects are wrapping up, and questions about value, equity, and future plans naturally come to the surface. It’s also the time when having clear, local...
Read more
Housing Market Fear vs. Housing Market Facts
Maggi Pritchard
Comments are closed
When people hear headlines about mortgage debt, rising home prices, or higher interest rates, it’s easy to assume homeowners may be overextended financially. But when you look more closely at the numbers, and the lending standards behind them, a very different picture begins to emerge. According to the Federal Reserve,...
Read more
Smart Ways Homeowners Are Using Their Equity
Maggi Pritchard
Comments are closed
For many homeowners, their house has quietly become one of their largest financial assets. Over the past several years, rising home values and steady mortgage payments have helped create record levels of equity for homeowners across the country. According to CoreLogic, the average homeowner with a mortgage has accumulated well...
Read more
Recent Comments by Maggi Pritchard
No comments by Maggi Pritchard yet.
