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Are Closing Costs Tax-Deductible?

(TNS)—When you purchase your home or buy land for your new home from a seller, you’re responsible for paying closing costs on top of the negotiated contract price. These costs are sometimes shared by the seller, depending on how you negotiate the deal. As you sign the dotted line, you might wonder, “Are closing costs […]

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Six Key Post-Home Purchase Moves

(TNS)—Buying a new home was probably your best financial move in 2016. Now you can continue to reap the financial benefits of homeownership in the new year and take some steps to help protect your investment. Follow these tips to position yourself going forward to be a happier homeowner with a great house and a […]

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Reverse Mortgages: 7 Common Misconceptions

(TNS)—Federal Housing Administration-backed home equity conversion mortgages, or HECMs, are accessible to homeowners 62 and older. These reverse mortgage loans allow older Americans to tap into a portion of their equity to help supplement retirement income. With a reverse mortgage loan, homeowners aren’t required to make monthly mortgage payments, but do need to continue paying […]

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