Private Mortgage Insurance

Law Lets Homeowners with 20% Equity Apply to Cancel Private Mortgage Insurance A new federal law makes it easier for homeowners to cancel their private mortgage insurance (PMI) when it’s no longer needed and will keep thousands of Texas borrowers from paying unnecessary PMI premiums in the future. The Homeowners Protection Act of 1998, which

Free Ride From The IRS

A section 1031 Tax-Deferred Exchange lets you do that in effect, deferring your capital gains tax What does investing in real estate have in common with the game of Monopoly? Winning at both requires acquiring the most valuable real estate by trading less desirable properties for more attractive ones. For real estate investors, it’s easier

Deflate Your Property Taxes

Appealing an inflated assessment can yield savings year after year If you’re among the millions of people who helped push home purchases to record levels over the past couple of years, be on the lookout for one particular piece of mail: the tax-assessment notice from your local government. As a new owner, you stand to