President Trump’s massive new tax bill has a number of changes affecting homeowners. High earners who live in high-tax states are likely to get the biggest breaks. The reason? The new law bumps the cap on state and local tax deductions from $10,000 to $40,000. A boosted SALT cap will make it more advantageous for…
When you buy a home, the property title is transferred from the current homeowner to the buyer. Seems simple enough, right? But the process doesn’t always go smoothly. That’s why a property title search is an essential part of a home sale. The title search will protect buyers and sellers from last-minute surprises that could…
I realized my lender used $5,100 of my escrow money to pay someone else’s taxes — 20 years ago. What can I do now? When you take out a mortgage, lenders want to make sure you have enough money to pay your homeowners insurance and property taxes. One way to do that is to set…
A key economic priority for President Trump this year is to extend the provisions in his signature Tax Cuts and Jobs Act, a 2017 law that lowered tax rates for most Americans, before they expire at the end of 2025. Now, Republican lawmakers have developed a 50-page laundry list of ideas for how to pay…