5 Hidden Costs of Home Ownership

Congratulations! You’re buying your first home, but you may encounter unexpected expenses as part of homeownership. Here are five examples.

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In the days leading up to the imposition of sequester-driven cuts, analysts, agencies and think tanks have expressed concern about its effects on housing and mortgage programs. The sequester, if Congress and the President don’t pass a budget, will take place on March 1, 2013. The National Housing Committee... Read more
 As the tax and home-buying season kicks into gear, now is a good time to take stock of the tax benefits that come from home ownership. The granddaddy of home-related income tax write-offs  – number one on our list – is the mortgage interest deduction (MID). Created in 1913,... Read more
This tax season millions of people will be claiming their home mortgage interest tax deduction. This year, however, there’s been some talk about eliminating or reducing the mortgage interest deduction as the federal government looks for ways to balance its budget. We were curious to see how the deduction... Read more
If you have been meaning to make green home improvements to your home, you might think that you missed the boat, since some credits were set to expire at the end of 2010. However, at the end of 2010 a massive tax package was passed, and it included continued... Read more
It may be April Fools’ Day today, but don’t be a fool when it comes to understanding the tax benefits that come from buying a home. Here at the LendingTree blog we’ve been publishing a series of blog posts that explore homeowner tax themes. Below we compile some handy... Read more