Monthly Archives: February 2015

Homeowners’ Tax Breaks Seem to be Safe

Tax breaks for homeowners seem to be safe even as Congress aims at reforms By Kenneth R. Harney February 13, 2015 Tax reform is revving up again on Capitol Hill, with the heads of key committees pledging to work toward … Continue reading

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Taxable “Phantom Income”

PHANTOM INCOME: RULES APPLY ONLY FOR 2014 Written by Benny L. Kass February 9, 2015 It’s called “phantom income” – money you never received, but still have to pay income tax on. The law is clear: if you owe money … Continue reading

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Zillow – error rate high

Zillow offers estimates of your house’s value. But the error rate can be high. By Kenneth R. Harney February 6, 2015 When “CBS This Morning” co-host Norah O’Donnell asked the chief executive of Zillow last week about the accuracy of … Continue reading

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Can The Buyer Rely on the Appraisal?

BUYERS SHOULD NOT RELY ON THE BANK’S APPRAISAL Written by Bob Hunt February 3, 2015 It is not unusual for a buyer to be confused about the role of an appraiser and to think that, in some sense at least, … Continue reading

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Millennials Belated Entry into Home-Buying Market

Millennials jump into the mortgage market By Kenneth R. Harney January 30, 2015 Call them the prodigal millennials: Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a … Continue reading

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