Monthly Archives: March 2014

Prepaid interest, sometimes called “points”, is generally tax deductible when a person pays them in connection with buying, building or improving their principal residence. When points are paid on a refinance, they are not a current deduction but have to … Continue reading →

The Qualified Mortgage Rule came into effect on January 14, 2014 as one of the results to the Dodd Frank Reform Act to protect consumers from predatory lending practices. This will affect the underwriting standards that the majority of lenders … Continue reading →

A water meter key is like insurance; buy it before you need it. Imagine a pipe has burst and there is water flowing like a river through your home. There may a cut-off valve to each sink if it works … Continue reading →

Coffee should be hot. Beer should be cold. Mexican food should be spicy. However, if these things are less than the standard that you expect, there are not any lasting consequences. As the value of the object in question rises, … Continue reading →