Friday, March 29, 2013

March 27th Newsletter

Hi, Nancy. Here are your Articles for March 27, 2013.
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Cheryl Kurss
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HOMEACTIONS UPDATES!

Just In! Household Wealth Way Up- Sales Up and What's Yours Worth?

(updated 3/22/13) Home Sales in Feb. Hit New High. Seven years after the housing market collapse, rising home prices and lower inventories are providing new opportunities for would-be  home sellers.  Household wealth in the last quarter was up $1.17 trillion, mostly supported by rising home values. Get the facts and then get some advice on what you home's value may be at the Full Article link right below here

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New FHA Rules Alter Past Assumptions

New mortgage rules going into effect aim to protect the mortgage giant yet end a common assumption on mortgage insurance premiums paid by homeowners. Click Full Article for more details and the impact on new loans.

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Energy Trends In The Home: New Report Covers Huge Increase In Solar

In our ongoing series on solar energy in the home we have some good news. It's official: for the third year in a row, solar power is the fastest growing energy source in America. Released this week, the Solar Energy Industry Association report indicates that the U.S. solar market grew by 76% in 2012. Get more news at the Full Article Link.

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8 Myths About Reverse Mortgages - Share This Valuable Article
In the last 20 years, reverse mortgages have gone from an emergency funding source to a useful financial tool that homeowners are warming up to. But, as many agree, the process can be controversial because of the misconceptions of how they work. Click Full Article and get the 8 Myths demystified! Great Article to share with the one click SHARE THIS link.


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Let's Get Local And Check Out The Neighborhood

Use the Neighborhood Widget to get all sorts of facts about your or any neighborhood including schools, income levels and many other criteria. It all starts by clicking the
Full Article link.



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PERSONAL TAX

When Your Stock is Worth . . . Nothing
You may own shares of stock that are worthless - or close to it. Can you at least get a decent tax deduction? What about deducting a loss for stock in companies that lost most of their value because of accounting scandals? Here is an explanation of the basic capital loss rules to help you find out what you can claim on your tax return.

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PERSONAL FINANCE

Better Rules for Living Trusts
In the event your bank or credit union goes out of business, federal government agencies provide insurance up to certain amounts so you don't lose your savings. But the protection is limited to some accounts and not all financial institutions are covered. Click "Full Article for a rundown of the rules, including an provision involving depositors of living trusts, a popular estate planning vehicle.

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If your property is currently listed for sale with a real estate broker, this is not intended to be a solicitation of the listing

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