|
We thank you for the opportunity to serve your needs.
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
|
|
Shaw, Faulkner, Werner Financial
Accounting and Financial Services
Find Out More >
|
|
Looking for a new home, an investment, or just looking. Which ever the case we appreciate your visit to your web site,  Here Is What We Will Do For You
Meet Your Needs
Help you find the right home
Represent your best interests...
Do a Competitive Market Analysis
Search the Multiple Listing Service
We can show you any property listed through the Multiple Listing Service (MLS
Help you buy a home that offers fewer surprises
How much home can you afford?
Mortgage pre-approval
Being pre-approved for a mortgage can greatly improve your negotiating position.
Making The Purchase
Prepare the offer
Being pre-approved for a mortgage can greatly improve your negotiating position.
The financing process
Financing your home is an involved process. We will help you through it.
Applying for a mortgage...
Title insurance will protect your interests in the property
An appraisal provides independent confirmation of the value of the home
Full written disclosure protects your best interests
The Seller’s Disclosure Statement reveals information that may affect your offer to purchase.
A walk-through prior to close
Complete the purchase
Considerations
Pre-approval for a mortgage.
You will most likely need.
Two most recent pay stubs.
W-2 forms for the past two years.
Federal tax returns for the past two years.
Last two months bank statements.
Long-term debt information such as credit cards,
auto loans, etc.
Pre-Approved - Confirmation the lender will give you a commitment.
Makes you more attractive to the seller.
Verses
Pre-Qualified - An estimate of what you can afford.
Mortgage - Fixed or Adjustable
Thanks In advance For Your Confidence In
The Z Team
 |
Tax Considerations >Tax Deductions
Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.
The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.
Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.
|
|
| Q |
What home product makes lawn mowing easier than ever?
|
| A |
The Robomow, a robot lawn mower manufactured in the UK by Friendly Machines, can cut 6,000 square yards of lawn all by itself. |
 See More Real Estate Trivia > |
|
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
