by Emello Pagani | Apr 7, 2021 | Closing Cost, Home Buying, Interest Rates, Mortgage Rates, Taxes
The answer to whether closing costs are tax-deductible — is often the most frustrating one- “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, which for 2021 is $12,550 for a single person and $25,100 for...
by Emello Pagani | Oct 6, 2020 | Closing Cost, Mortgage Rates
Purchasing a home can be an exciting and monumental moment in life yet having to pay thousands of dollars in closing costs out of pocket can take a toll. In worst cases, first time home buyers may be completely unprepared to pay closing costs, let alone understand how...