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Taxes on Phantom Income Haunt Foreclosed Homes

According to a recent post in the Equifax Personal Finance Blog, one of every 136 American homes received a foreclosure notice in the third quarter of 2009 (attributed to a statistic from RealtyTrac). For those who had some or all of a home loan cancelled after deeding the home to the bank, participating in a [...]

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Boone Homes Knows What Women Want!

When Boone Homes designs and builds Richmond and Roanoke new homes, the award-winning builder targets the top home-buying demographic: women. And Boone Homes knows what women want! Organization. Boone Homes gives the female buyer what she wants by designing easy-to-clean mudrooms, elaborate laundry rooms and the newest kitchen designs and technologies, along with other highly [...]

Real Estate May Get Wealthy Americans Out of Paying More Taxes

With new taxes scheduled to take effect in 2013, wealthy Americans will be paying more taxes, including  Hospital Insurance Tax of 0.9 percent and/or Medicare tax of 3.8 percent. Elections and two more sessions of Congress will take place before the new taxes are rendered, so anything can happen. Still wealthy Americans (and many who [...]

Does Your Luxury Home Have a Pool? You Might Need an Umbrella.

An umbrella insurance policy, that is. It will protect your assets and income when the limits of your homeowner’s and auto policies are reached. Without one, you could have a lot to lose. The Equifax Personal Finance Blog recently posted an article on the topic by insurance expert Linda Rey. “Umbrella Insurance: The FAQs” details [...]

Would Your Guests Enjoy a “Little House”?

Do you feel like every time you have house guests that you need more space? What if your guests had there own little house to stay in? Casitas have become all the rage in a variety of price points from expansive Austin custom homes to compact active adult homes. Casita means “little house” in Spanish. [...]