5 Tax Mistakes New Homeowners Make » Mortgage Masters Group

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 · New tax rules from the American Taxpayer Relief Act (ATRA) passed on January 2, 2013, may impact the typical family farm in a variety of ways. ATRA changes, coupled with a new 3.8% Medicare tax and a 0.9% additional medicare tax, make 2013 a key year for which farm tax

Mortgage refinancing allows a home owner to renegotiate a mortgage loan for a potentially better deal. Some refinancing is done to lower monthly payments, some to get a better rate and some to shorten the length of the loan. Each home owner has a specific reason to seek a

loanDepot cannot guarantee that the borrower will be approved for a future loan, the interest rate for a future loan, or the future appraised value of the home. The borrower’s ability to qualify for a future loan will be subject to the loan program terms and conditions available at that time.

5 Tax Mistakes New Homeowners Make Few people look forward to tax season, and when you’re a new homeowner, filing can be even more daunting. Suddenly, you have new forms to fill out and more potential for making a mistake.

3. Home Equity Conversion Mortgage (HECM) Saver reverse mortgage: This is a lower-cost option for those seniors who want to cash out a smaller percentage of their home’s equity. 4. HECM Standard reverse mortgage: These loans come with fairly high upfront charges but allow you to cash out a larger portion of your home’s equity. 5.

Filling out tax returns can be complicated, and it’s easy to make a mistake. But for 33-year-old Nisha Mohite, one simple mistake resulted in her losing her job, her home. mistakes such as errors.

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Tax Benefits of Buying a House  · Top 10 Jobs in Banking and Finance. Share.. tax laws and insurance to recommend financial options that help individuals meet their short- and long-term goals. advisors with a.

Even if you have made saving a priority, however, you still can make missteps once you leave the 9-to-5 that will put a comfortable retirement at risk. Click through to learn how you can avoid these.