The answer to the question “should I buy a house in 2023?” is another question: Can you ignore the forecasts? If you can ignore the industry experts, and the numbers, and go back to the fundamentals of why a person buys a house; 2023 might be a good time to make the jump. If you are waiting for the numbers to support your decision, there’s good news and bad news on whether you should buy a house in 2023.
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Tax Benefits of Owning a Home | Potential Home Purchase Tax Deductions
The tax benefits of owning a home can be a tipping point for you if you are on the edge of deciding to begin hunting for a new home. If you are a first time home buyer, some of these deductions and tax credits will surprise you. If you are a long-time homeowner, you know that a new home mortgage can help you with your tax burden for years. And if you’re a seller, there’s something in the tax laws for you too. Here we cover two main tax benefits of owning a home: tax credits and tax deductions.
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“Tax Benefits of Owning a Home | Potential Home Purchase Tax Deductions”
Housing Market Trends December 2022 | Residential Snapshot
Welcome to the Housing Market Trends December 2022 monthly update from Homes for Heroes. We report on the U.S. housing market trends every month because of Ferris Bueller. He famously said “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” That is more true in the real estate industry than other areas of the economy, so it only makes sense to step back and look around each month.
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New Home Budget | Budgeting for New Homeowners
A new home budget can be sobering. You’re in your new house, you went through all the financial anxiety of getting approved for a loan, making offers, making counter-offers and sitting through the final closing. Now that you’ve got your new home, the reality of creating a new monthly household budget is setting in. Don’t panic. You certainly have some new expenses, and if this is your first home, a lot of expenses will be totally new. Don’t let them intimidate you. We can help.
Home Maintenance Tips for New Homeowners | The Essential Checklist
If you are moving into a new house, the last thing you need is a list of home maintenance tips for new homeowners. You’re tired, you’re overwhelmed, you’re excited and you’re tired. Yes, we said that twice. Nevertheless, there’s more to a new house than just moving all your stuff into it. So a few days after you move in, pick up this new home maintenance checklist and look it over. It could save you some money and expensive repairs down the line.
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VA Certificate of Eligibility (COE) | What it is and How to Get One
The VA Certificate of Eligibility is the one of the first things you will encounter when you start investigating the VA loan process. The good news is, while you do need this important document to complete your application, it is not difficult. It’s just a one page form, it’s online, and you don’t need to get that done before you do anything else.
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The Adopt a Vet Dental Program Receives $10,000 Grant from Homes for Heroes Foundation
The Adopt a Vet Dental Program is dedicated to providing dental healthcare to veterans in Nevada. The Homes for Heroes Foundation awarded the organization a $10,000 hero grant to assist in their mission.
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VA IRRRL | Guide to the VA Streamline Refinance
The VA IRRRL isn’t just another weird acronym created by the Veterans Administration that’s designed to confuse you. It’s actually a very useful loan program that is sort of an offshoot of the very popular VA Home Loan Program. VA Loans have helped more than 25 million veterans and active duty armed forces personnel since it began, and it helped 1.2 million heroes in 2020 alone.
First Time VA Home Buyer? Here’s What You Want to Know
If you are a first time VA home buyer, you’re in luck. In terms of government programs that will help military service members, the VA Loan is both one of the most popular and the most helpful. The list of benefits over conventional loans is considerable. Of course, the eligibility requirements can be lengthy too, but in general, you can qualify if you are an active-duty military professional, a veteran or a surviving spouse of a military service member.
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What is Radon Testing and What is a Safe Radon Level?
If you are asking yourself “what is radon testing?” followed by “what is a safe radon level?”, you are probably in the final stages of selling your home (or buying one). Radon testing has become a standard for all home inspections, so if you are the seller, you’re going to need to pass this test. If you are a buyer, pay close attention to the results because it could affect negotiations with the seller.
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