You might recall that we posted earlier this year about the Mortgage Interest Deduction and how the current Administration is trying to change this tax deduction that has been in place for over 80 years. Well, as you can imagine, this has stirred up some strong feelings from homeowners. In...
Harrisonburg Area Real Estate Market Report: April 2011
Each time I run these reports, I want to be able to post about a major increase in sales, a sudden uptick in home values, and properties “flying off the lot,” so to speak. If ever there will be a time, this is not it, unfortunately. There are some positive...
Harrisonburg Area Real Estate Market Report: March 2011
Okay, we admit it. Its been a while since we’ve posted a market report. We have been keeping an eye on the current trends, but simply haven’t reported on them because we’re busy… and that is a good thing! We have re-committed to reporting the facts to our faithful readers,...
Harrisonburg Neighborhood Tour: Massanetta Springs
Massanetta Springs was established in the early 1920s. The community arose out of the Presbyterian church’s desire to house families attending the Massanetta Springs Conference Center. Gradually, the homes were sold to private individuals and in 1999, the community incorporated as a separate residential entity. Today, residents may still enjoy...
Understanding the Transfer of Property: Closing
This is the third of a short series of posts about the transfer of property — the first was about title insurance, and the second was about tax aspects. The fourth (and final) post will be about deeds. After a contract is signed — or ratified — by both parties...
Tax Exemption for Solar Energy in the City of Harrisonburg
A while ago we posted about using solar energy to power your home, and how EMU has been making Virginia history by installing the Commonwealth’s largest solar panel array. Solar energy is a very economical use of resources, and is becoming more and more popular. There have been tax credits...