Answer: Because the Gummint wants people to own homes. (Actually, the Gummint wants people to own expensive homes to pay property taxes on.)
Tag Archive: taxes
Home mortgage life insurance for a soldier that doesn’t have a clause for being kia?
Gruesome thought but a necessary one since the 0k-taxes doled out after a soldier gets killed doesn’t even touch a home mortgage cost in california or a family w/ 3 children who still need to grow up. thanks for the ans. everybody. If u have any more ideas pls. let me know. After calling x …
Is it better to pay your home taxes & insurance yourself or let the mortgage pay it?
Right now our home taxes & insurance are spread out through each month. Would it save any money if we just pay it ourselves each year instead of spreading it through the mortgage? I know it would obviously lower our monthly payments but I mean is there any other way it would be better. I’m …
What happens to a second mortgage when a home is purchased at a foreclosure auction?
I am going to bid on a house at foreclosure and it has a 1st mortgage of 0K and a second of K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own …
Who can deduct mortgage interest and property taxes for a home residence.?
I live in my sons home and I pay all the mortgage and property taxes. Can I use the deductions or must it be the owner? thank you. Answer: The legal owner of the home that has been used as collateral to secure the mortgage for the home and makes the payments would be the …
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