This is the second of a short series of posts about the transfer of property — the first was about title insurance. Other things we’ll look at in this series: deeds, and escrow or closing. Purchasing a property can be confusing because of all the ins and outs of the...
Issues
Understanding the Transfer of Property: Title Insurance
This is the first of a short series of posts about the transfer of property. Other things we’ll look at in this series: deeds, escrow or closing, and tax aspects. We all pretty much understand insurance, right? There is a risk somewhere in your life (i.e. your car, your house,...
Mortgage Interest Deduction: Summary and Current Issues
You may have heard by now that the Mortgage Interest Deduction (aka “The MID”) is going through the wringer. Some changes to this tax deduction have been proposed by the Obama Administration, and it could effect many homeowners across the country. We’d like to describe what this deduction is and...
Housing Affordability in the City of Harrisonburg
How affordable is housing in our area? This is Part One of a two-part blog post, which will take a closer look at housing affordability in Harrisonburg (Part One) and Rockingham County (Part Two). Housing Virginia — along with the Virginia Association of Realtors®, Virginia Tech, and the Virginia Housing...
Using Solar Energy To Power Your Home
It seems like everywhere I go recently, I hear about solar energy. Installing solar panels to conserve energy is becoming more and more popular, especially since there are tax credits available, and the fact that they pay for themselves within about 15 years. If you are living in your home...
The Scoop on Two Proposed Constitutional Amendments Regarding Property Taxes
There are two proposed amendments to the Constitution that would affect property taxes for some of you. Both of these proposed amendments will be on the ballots a couple weeks from now, so read on to make sure you understand the issue. The first amendment proposes giving localities the ability...