Linda Lorenzo Blog
Tax Breaks for First Time Home Buyers
What exactly is tax deductible when buying a house for the first time?
Posted by Natalie Arnold on April 16, 2018 in
uncategorized
Buying a home can sound like an intimidating undertaking if you’ve never done it before. The thought of relocating and the sheer level of financial investment gives many people anxiety. Luckily, the government wants to make the process easier and less scary, with a range of tax breaks for first time home buyers.
To get the most out of your purchase, don’t settle for the standard deductions and write-offs. Instead, make sure you take advantage of the many tax breaks available to you. So, what exact... read more
What Is Equity and Why Is It Important?
Have you heard that owning a home helps ‘build equity’ but still not sure what that means?
Posted by Natalie Arnold on June 26, 2017 in
uncategorized
You’ve probably heard people throw around the word “equity” when they’re talking about homeownership. You might have heard someone say that owning a home helps you “build equity” or perhaps you heard someone talk about “borrowing against equity.”
But what exactly is equity? And why does it matter?
What Is Equity?Equity is what you own, minus what you owe. It’s the percentage of your home value that belongs to you free and clear.
If your home is wort... read more
Seniors Buying a Home: Is a Traditional Mortgage the Right Move?
Written by Jim Vogel
Posted by Natalie Arnold on June 15, 2017 in
uncategorized
Written by Jim Vogel:There are many great reasons a senior would want to move from their long-term home. Maybe they want to downsize, as the upkeep on their family home is becoming too much of a burden. Maybe they want to move closer to family. Maybe they just want a change of scenery. Whatever the reason, many seniors will look to secure a traditional home loan for the new purchase. Here are some things to think about before you do.
Are you even qualified right now?
It may have been a very long... read more
6 Ways to Be the Best Buyer in a Competitive Market
Here are a few ways to be a better buyer than the rest in a competitive real estate market.
Posted by Natalie Arnold on June 06, 2017 in
uncategorized
If you’re trying to purchase a home in a competitive market, you need to be able to prove to the seller that you are the right buyer for their home. The housing market in DFW has seen steady growth over the past few years. The demand for housing is high, but a lack of inventory has created an environment where there are too many buyers for the number of available homes. For sellers, this often leads to multiple offers for higher prices, but buyers are discovering that homes only stay on the mar... read more
