Whilst searches are required if you are purchasing with the aid of a mortgage they are not mandatory if you are a cash purchaser, as it is your own funds that will be at risk and not a mortgage lenders…. so it is your decision. But remember lenders ask forRead More →
The standard deduction is a specified dollar amount you are allowed to deduct each year to account for otherwise deductible personal expenses such as medical expenses, home mortgage interest and property taxes, and charitable contributions. What deductions can I claim without itemizing? Here are a few medical deductions the IRSRead More →
Although not allowable for capital gains tax (CGT), fees in connection with the financing of investment properties (broker’s fees, arrangement fees, etc.) are normally allowable against rental profits in the tax year that you incur them. Are commitment fees tax deductible? In both cases, the IRS concluded that the commitmentRead More →
Although not allowable for capital gains tax (CGT), fees in connection with the financing of investment properties (broker’s fees, arrangement fees, etc.) are normally allowable against rental profits in the tax year that you incur them. Are commitment fees tax deductible? In both cases, the IRS concluded that the commitmentRead More →
If your tenants don’t cover your mortgage, you could be stuck waiting decades before you begin seeing a profit from your rental house. If you want to immediately begin making money off of your investment property, you’ll need to charge at least enough to cover your mortgage payments. Does grossRead More →
An equitable mortgage is one which although lacking in some formality, or form or words, or other requisites demanded by a statute, nevertheless reveals the intention of the parties to charge real property as security for a debt, and contains nothing impossible or contrary to law. Can you register anRead More →
We know that every euro counts when it comes to building your dream home. That’s why we’ll give you 2% of your self-build mortgage back as cash and, if you’re a Bank of Ireland customer, you could also qualify for our Cashback PLUS offer. Find out more. (Terms and ConditionsRead More →
A remote mortgage underwriter provides loan analysis and decision-making services to a financial institution from a remote location, such as a work-from-home setup. Is mortgage underwriter a stressful job? Is mortgage underwriter a stressful job? The job itself is pretty much thankless and stressful. It normally pays well though, soRead More →
A first mortgage is the primary or initial loan obtained on a piece of real estate. If the home is refinanced, the refinanced mortgage maintains the first mortgage position. The primary-mortgage lender has the first lien or right to the property should the borrower default. Is the bank a mortgageRead More →
“What you do is take the normal 30-year mortgage you have, and instead of making the monthly payment the way you normally do, you split it down the middle and pay half every two weeks. … Making more payments means paying your mortgage off sooner, which means paying less inRead More →