Whether you own a luxury home in University City or a house in Mint Hill, tax day is fast approaching—and it’s always a good idea to make sure you’re not missing any homeowner deductions or credits that you’re entitled to receive. This isn’t tax advice; it’s just a guide that can help you spot credits or deductions that you may have missed. If you need tax advice, it’s a good idea to talk to a licensed tax professional. What Tax Deductions and Credits Are Available to Homeowners? The … Continue reading...
What is Private Mortgage Insurance?
If you’re borrowing from a lender to buy a house for sale in Charlotte, NC (or anywhere else in the U.S., for that matter), but you don’t have a 20 percent down payment to put toward the home, you’ll most likely have to pay for private mortgage insurance, or PMI. But what is PMI, and how much is it going to cost you? What is Private Mortgage Insurance? Private mortgage insurance, which is commonly called PMI, is a form of insurance that protects your lender. Lenders may think you’re a … Continue reading...