By: G. M. Filisko When you’re evaluating how much home you can afford, make sure you factor in the tax advantages of homeownership.  You can claim some tax deductions if you work from home, but be sure you're entitled to them before taking them.  Owning your home not only allows you to build wealth through appreciation, but it can also reduce the amount of income tax you pay every year.  Here are seven tax benefits for homeowners. 1. Homebuyer tax credits If you purchase your first home before April 30, 2010, you’re entitled to a tax credit ...

August 13, 2010 by Amy Willis

By: G. M. Filisko Paying for more homeowners insurance than you need is a waste of money, but it can prove even more costly to get caught without enough.  To get the full benefit of replacement coverage, you need to purchase enough insurance to cover the total cost to rebuild your home. Trying to get just the right amount of homeowners insurance for your house and possessions may leave you feeling a bit like Goldilocks searching for a chair, a bed, and porridge that are just right. If you ...

August 6, 2010 by Amy Willis

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