Showing posts with label homeowners. Show all posts
Showing posts with label homeowners. Show all posts

Friday, September 15, 2017

Anti Burglar Tips for Sellers

A House with the For Sale sign can be targets for criminals and squatters. Use the tips below to protect your property while its on the market.

Realtor.com suggests that you mark your valuables and record details. Use invisible-ink pens or engravers to mark identifying information (driver’s license or state ID numbers) on items. Log serial numbers and take photos of your belongings. Check to see if your police department participates in the Operation Identification program. They will have stickers for you to place on doors or windows warning would-be thieves that your items are marked. These steps may prevent them from pawning or selling stolen items and can help you reclaim recovered belongings.

If the home is empty, inform your neighbor the house is going on the market and to report anyone other than your real estate agent showing up to view the home after hours.

Make it look like you are home regularly, especially if the property is empty. Invest in lightening apps that can be controlled by your phone, or lamps that pop on at sunset.

A well manicured lawn usually means that the home is occupied but overflowing newspapers, and packages that accumulate by the front door is usually a tell tell sign that the home is empty.

When buying or selling a home in the Denver metro area, contact Delilah,
 and let me put my knowledge, experience, expertise, and professionalism to work for you. 


Wednesday, March 15, 2017

Five Tax Breaks For Homeowners

Owning your own home is a big responsibility and at times it can be a lot of work. Fortunately, there are some great tax advantages for owning, in addition to having a place of your own. 
  1. Mortgage Interest Deduction: This has long been one of the most valuable deductions for homeowners, especially with a new mortgage where the payments consist of mostly interest. 
  2. Home Improvement Loan Interest: The same way your mortgage interest is deductible, so can be the interest on a home improvement loan. Consult your tax advisor because some wear and tear items such as carpet and paint may not qualify. 
  3. Mortgage Points/Origination Charges: These charges are treated similar to interest on the loan, making them deductible. Consult your tax advisor because the deduction is treated differently depending on if the charges were for a refinance or a purchase. 
  4. Energy Efficiency Upgrades: Up to 10 percent of the improvement cost can be applied as a tax credit, which is a direct reduction in the amount of tax you owe. There are a wide variety of items such as energy efficient appliances, furnaces, insulation, and windows. Be aware that this credit does max out at $500. 
  5. Capital Gains Exemption: If you were to sell a home and realize a profit you can claim that profit tax-free. Be aware there are many requirements for the exemption, such as the home must have been your primary residence for 2 out of the last 5 years.