Dynamically Insured

Homeowners Earn $1.7 Trillion Equity Bonus

Picture 2

According to a new report by Zillow, homeowners in the United States earned a collective $1.7 trillion in additional  equity in 2014.

The gains came even despite the fact that home prices slowed down dramatically over the past year.

The report also noted that some homeowners tapped into the new equity already, nearly immediately taking out the money.

Image via flickr/Lending Memo

Continue to original source.

Obama Expected to Sign Tax Break Bill for Some Homeowners

taxes

On Tuesday, Congress elected to extend several expired “temporary” tax breaks for 2014, and included in there are a couple of deductions for select homeowners.

First, homeowners paying mortgage insurance premiums will be able to deduct he cost of the their premiums if they itemize their deductions. And anyone who has foreclosed on a home or sold their home for less than the amount still owed to the bank and had their remaining debt forgiven, the IRS will allow you to exclude that amount from your income.

The bill is now in the hands of President Barack Obama, and according to CNN Money, he is expected to sign it.

Image via flickr/John Morgan

Continue to original source.

Get a green thumb

[lead]Vestibulum id ligula porta felis euismod semper. Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Cum sociis natoque penatibus et magnis dis parturient.[/lead]

Maecenas sed diam eget risus varius blandit sit amet non magna. Integer posuere erat a ante venenatis dapibus posuere velit aliquet. Etiam porta sem malesuada magna mollis euismod. Cras justo odio, dapibus ac facilisis in, egestas eget quam. Morbi leo risus, porta ac consectetur ac, vestibulum at eros.

Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio sem nec elit. Praesent commodo cursus magna, vel scelerisque nisl consectetur et. Fusce dapibus, tellus ac cursus commodo.

The to do list:

  1. Maecenas faucibus mollis interdum.
  2. Nullam id dolor id nibh ultricies vehicula ut id elit.
  3. Maecenas sed diam eget risus varius blandit sit amet non magna.
  4. Fusce dapibus, tellus ac cursus commodo, tortor mauris condentum massa justo sit amet risus.
  5. Maecenas faucibus mollis interdum.

Etiam porta sem malesuada magna mollis euismod. Donec ullamcorper nulla non metus auctor fringilla. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Vestibulum id ligula porta felis euismod semper. Maecenas faucibus mollis interdum.

[blockquote size=”third” align=”right” byline=”Jerome K. Jerome” rating=”0″]I like work: it fascinates me. I can sit and look at it for hours.[/blockquote]

Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Maecenas faucibus mollis interdum. Vivamus sagittis lacus vel augue laoreet rutrum faucibus dolor auctor. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Sed posuere consectetur est at lobortis.

Etiam porta sem malesuada magna mollis euismod. Cras justo odio, dapibus ac facilisis in, egestas eget quam. Nulla vitae elit libero, a pharetra augue. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Donec ullamcorper nulla non metus auctor fringilla.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean lacinia bibendum nulla sed consectetur. Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio sem nec elit. Aenean eu leo quam. Pellentesque ornare sem lacinia quam venenatis vestibulum. Maecenas sed diam eget risus varius blandit sit amet non magna. Sed posuere consectetur est at lobortis. Nullam id dolor id nibh ultricies vehicula ut id elit.

Service with a smile

[lead]Vestibulum id ligula porta felis euismod semper. Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Cum sociis natoque penatibus et magnis dis parturient.[/lead]

Maecenas sed diam eget risus varius blandit sit amet non magna. Integer posuere erat a ante venenatis dapibus posuere velit aliquet. Etiam porta sem malesuada magna mollis euismod. Cras justo odio, dapibus ac facilisis in, egestas eget quam. Morbi leo risus, porta ac consectetur ac, vestibulum at eros.

Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio sem nec elit. Praesent commodo cursus magna, vel scelerisque nisl consectetur et. Fusce dapibus, tellus ac cursus commodo, tortor mauris condimentum nibh, ut fermentum massa justo sit.

Service is Key
Service is Key

Maecenas faucibus mollis interdum. Nullam id dolor id nibh ultricies vehicula ut id elit. Maecenas sed diam eget risus varius blandit sit amet non magna. Fusce dapibus, tellus ac cursus commodo, tortor mauris condimentum nibh, ut fermentum massa justo sit amet risus.Maecenas faucibus mollis interdum.

Etiam porta sem malesuada magna mollis euismod. Donec ullamcorper nulla non metus auctor fringilla. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Vestibulum id ligula porta felis euismod semper. Maecenas faucibus mollis interdum.

Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Maecenas faucibus mollis interdum. Vivamus sagittis lacus vel augue laoreet rutrum faucibus dolor auctor. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Sed posuere consectetur est at lobortis.

Etiam porta sem malesuada magna mollis euismod. Cras justo odio, dapibus ac facilisis in, egestas eget quam. Nulla vitae elit libero, a pharetra augue. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Donec ullamcorper nulla non metus auctor fringilla.

[blockquote size=”full” align=”right” byline=”Jerome K. Jerome” rating=”0″]I like work: it fascinates me. I can sit and look at it for hours.[/blockquote]

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean lacinia bibendum nulla sed consectetur. Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio sem nec elit. Aenean eu leo quam. Pellentesque ornare sem lacinia quam venenatis vestibulum. Maecenas sed diam eget risus varius blandit sit amet non magna. Sed posuere consectetur est at lobortis. Nullam id dolor id nibh ultricies vehicula ut id elit.

Service is key

[lead]Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus.[/lead]

Maecenas sed diam eget risus varius blandit sit amet non magna. Integer posuere erat a ante venenatis dapibus posuere velit aliquet. Etiam porta sem malesuada magna mollis euismod. Cras justo odio, dapibus ac facilisis in, egestas eget quam. Morbi leo risus, porta ac consectetur ac, vestibulum at eros.

Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio sem nec elit. Praesent commodo cursus magna, vel scelerisque nisl consectetur et. Fusce dapibus, tellus ac cursus commodo, tortor mauris condimentum nibh, ut fermentum massa justo sit amet risus. Cras mattis consectetur purus sit amet fermentum.

Service is Key
Service is Key

Maecenas faucibus mollis interdum. Nullam id dolor id nibh ultricies vehicula ut id elit. Maecenas sed diam eget risus varius blandit sit amet non magna. Fusce dapibus, tellus ac cursus commodo, tortor mauris condimentum nibh, ut fermentum massa justo sit amet risus.Maecenas faucibus mollis interdum. Etiam porta sem malesuada magna mollis euismod. Donec ullamcorper nulla non metus auctor fringilla. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Vestibulum id ligula porta felis euismod semper. Maecenas faucibus mollis interdum.

Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Maecenas faucibus mollis interdum. Vivamus sagittis lacus vel augue laoreet rutrum faucibus dolor auctor. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Sed posuere consectetur est at lobortis.

Etiam porta sem malesuada magna mollis euismod. Cras justo odio, dapibus ac facilisis in, egestas eget quam. Nulla vitae elit libero, a pharetra augue. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Donec ullamcorper nulla non metus auctor fringilla.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean lacinia bibendum nulla sed consectetur. Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio sem nec elit. Aenean eu leo quam. Pellentesque ornare sem lacinia quam venenatis vestibulum. Maecenas sed diam eget risus varius blandit sit amet non magna. Sed posuere consectetur est at lobortis. Nullam id dolor id nibh ultricies vehicula ut id elit.

FHA Is Back in the Black

The Federal Housing Administration revealed on Monday that it is back in the black.

“FHA has taken several prudent actions to improve the fiscal health of the fund, and those actions have led to the stronger position that we’re in today,” Julian Castro, U.S. Secretary of Housing and Urban Development told reporters.

Just two years ago, in 2012, the FHA’s insurance fund had been more than $16 billion in the negative.

Image via flickr/Robert Huffstutter

Continue to original source.

Nearly 1 Million Homeowners Experienced Equity Gains in Second Quarter

EQUITY

In the second quarter of 2012, as many as 950,000 homes saw a positive equity gain.

This puts homeowner equity $1 trillion ahead of where it was at this time last year.

“Many homeowners across the country are seeing the equity value in their homes grow, which lifts the economy as a whole,” Anand Nallathambi, president and CEO of CoreLogic, told Mortgage News Daily. “With more and more borrowers regaining equity, we expect homeownership to become an increasingly attractive option for many who have remained on the sidelines in the aftermath of the great recession. This should provide more opportunities for people to sell their homes, purchase a different home or refinance an existing mortgage.”

Image via flickr/Simon Cunningham

Continue to original source.

Avoiding Homeownership Barriers

Ray, IN MI house 1.jpg

“Think you can’t buy a home? Think again.

In November 2013, Trulia surveyed renters who want to buy a home, asking about the obstacles that hindered their goal. The survey respondents cited several barriers to buying a home, all of which are listed below.

Let’s explore these obstacles to homeownership, and look at how you can overcome each of them…”

Continue to original source

Image by MrHarman via Wikimedia Commons.