Home Ownership - 360 Degrees of Financial Literacy https://www.360financialliteracy.org/Topics/Home-Ownership en-US Home Staging: Getting Your Home Ready to Sell https://www.360financialliteracy.org/Topics/Home-Ownership/Selling-a-Home/Home-Staging-Getting-Your-Home-Ready-to-Sell https://www.360financialliteracy.org/Topics/Home-Ownership/Selling-a-Home/Home-Staging-Getting-Your-Home-Ready-to-Sell In today's competitive housing market, your home's appearance plays an important role in determining how quickly it will sell. Before you put your home on the market, many real estate professionals recommend doing at least some form of home staging.

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Wed, 23 Apr 2014 13:33:49 EDT
The Financial Realities of Relocating https://www.360financialliteracy.org/Topics/Home-Ownership/Home-Basics/The-Financial-Realities-of-Relocating https://www.360financialliteracy.org/Topics/Home-Ownership/Home-Basics/The-Financial-Realities-of-Relocating With the housing market and overall economy starting to improve, more Americans are packing up and relocating. According to the U.S. Census Bureau, the number of people moving for a new job or transfer numbered 3.5 million in 2011-2012, up from 2.8 million the previous year. Whether you're planning to move for a new job or transfer, or you're accompanying a spouse or partner who has accepted a new position, it's important to consider how your new location will impact your bottom line. 

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Tue, 17 Sep 2013 11:09:14 EDT
Will my homeowners insurance policy cover hurricane damage? https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Will-my-homeowners-insurance-policy-cover-hurricane-damage https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Will-my-homeowners-insurance-policy-cover-hurricane-damage Read the Answer »

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Thu, 11 Jul 2013 13:52:43 EDT
I just bought a vacation home. Do I need to purchase a specific type of insurance? https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/I-just-bought-a-vacation-home.-Do-I-need-to-purchase-a-specific-type-of-insurance https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/I-just-bought-a-vacation-home.-Do-I-need-to-purchase-a-specific-type-of-insurance Read the Answer »

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Thu, 11 Jul 2013 13:34:48 EDT
Deducting Costs Associated with Refinancing a Mortgage Loan https://www.360financialliteracy.org/Topics/Home-Ownership/Mortgages/Deducting-Costs-Associated-with-Refinancing-a-Mortgage-Loan https://www.360financialliteracy.org/Topics/Home-Ownership/Mortgages/Deducting-Costs-Associated-with-Refinancing-a-Mortgage-Loan Now more than ever, homeowners are taking advantage of historically low interest rates and refinancing their mortgage loans. Did you pay points to your lender when you refinanced your loan? If so, you may be able to deduct them.

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Thu, 21 Mar 2013 11:55:57 EDT
With mortgage rates so low, does it make sense to refinance? https://www.360financialliteracy.org/Topics/Home-Ownership/Mortgages/With-mortgage-rates-so-low-does-it-make-sense-to-refinance https://www.360financialliteracy.org/Topics/Home-Ownership/Mortgages/With-mortgage-rates-so-low-does-it-make-sense-to-refinance Read the Answer »

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Tue, 07 Feb 2012 18:37:02 EST
Understanding Your Homeowners Policy https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Understanding-Your-Homeowners-Policy https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Understanding-Your-Homeowners-Policy Your homeowners insurance policy may be full of jargon, exclusions, and conditions, but you'll be wise to read it thoroughly. Your policy protects you from some home-related property and liability risks, and covers your home and personal property if damaged, destroyed, or stolen. It's made up of preprinted pages, with the Declarations Page stating your unique information. Section I covers property provisions, and Section II defines your liability coverage. Be sure you understand the amount that the insurance company will pay if you have a loss.

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Fri, 22 Jul 2011 02:35:51 EDT
Tax Tips: Homeowners Insurance https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Tax-Tips-Homeowners-Insurance https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Tax-Tips-Homeowners-Insurance Homeowners insurance can affect your income tax deductions. You'll be entitled to claim a casualty or theft loss deduction on your federal tax return if you aren't fully reimbursed for a covered loss. Don't forget that your policy has a deductible that you'll have to pay before the insurer reimburses you for any loss. With a home-based business, you may qualify to deduct your insurance premiums. Think about buying additional insurance, though.

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Fri, 22 Jul 2011 01:47:25 EDT
Shopping for Homeowners Insurance https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Shopping-for-Homeowners-Insurance https://www.360financialliteracy.org/Topics/Home-Ownership/Homeowners-Insurance/Shopping-for-Homeowners-Insurance Don't go shopping for homeowners insurance until you assess your coverage needs. Decide how much coverage you need for your dwelling, for your personal property, and for protection against liability claims. If you already have a policy, pull it out, review it, make sure it meets your current needs, and even compare it to what other companies will offer you in similar coverage, price, and service. Always shop for the best value for your money, balancing cost against the quality of coverage and service. A qualified agent or broker can shop the market for you, saving you time.

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Fri, 22 Jul 2011 01:44:55 EDT
Refinancing Your Mortgage https://www.360financialliteracy.org/Topics/Home-Ownership/Mortgages/Refinancing-Your-Mortgage https://www.360financialliteracy.org/Topics/Home-Ownership/Mortgages/Refinancing-Your-Mortgage When you refinance your mortgage, you take out a new home loan and use some or all of the proceeds to pay off the existing one. Today, many homeowners are taking advantage of historically low interest rates and refinancing their mortgage loans.

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Fri, 22 Jul 2011 01:44:39 EDT