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Mar 30, 2018 Paying extra on a mortgage saves big bucksPublished 30 March 2018 According to a new study published in the Journal of Financial Economics, 20 percent of homeowners who could have benefited from refinancing chose not to and lost out on $5.4 billion in interest savings. While refinancing may be advantageous for some, it may not be possible or cost effective for others.
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Published 16 March 2018 LAS CRUCES – More free-standing, single-family homes were sold during the first two months of 2018 than in any of the past 11 years, according to a March 11 report from the Las Cruces Association of Realtors. Local buyers and sellers closed 242 transactions in January and February — a number that hasn’t
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Published 2 March 2018 LAS CRUCES – When Eddie and Eva Bloor purchased their Cowlitz County, Wash., home in 2004, they had no idea the house had been used for methamphetamine production. Neither the sellers nor the real estate brokers disclosed to the Bloors that toxic chemicals had been found at the residence. The newly-minted homeowners
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Published 23 February 2018 LAS CRUCES – It was just a few weeks ago that I shared the story of a young school teacher who was struggling to decide whether to buy an easy-to-afford home today or wait to purchase a more expensive home a couple of years from now when her income is higher. By choosing the
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Published 9 February 2018 Editor’s note: This is the second in Gary Sandler’s two-part series on dealing with the tax ramifications of selling rental properties. Before selling a rental property, we explored the tax consequences associated with the purchase and disposition of a fictitious Las Cruces-area triplex purchased for $150,000. In this part, we’ll explore
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Published 2 February 2018 Editors note: This is the first in Gary Sandler’s two-part series on dealing with the tax ramifications of selling rental properties. Look for the second installment in the Feb. 11 edition of the Sun-News. LAS CRUCES – Owning a rental property has its advantages. A steady stream of income, the ability to write
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