FEMA has a mandatory insurance that I had to purchase, at their set price. Since FEMA is the government, I rank that insurance cost right up there with property taxes, state taxes, and federal taxes, all of which are deductible on my taxes. My question is, is this insurance cost tax deductible?

 

Most of these people should have never been ok’d to get a mortgage loan in the first place. But pressure by the Govt, and Fannie and Freddie offering home loans to millions who could never afford them have helped to cause this mess..will our Government EVER learn? Owning a home is NOT a right! excerpt… [...]

 

Ok, so I was stupid and bought a house with my boyfriend… lame right? Ok, well we broke up (surprise huh?) Now he wants me out, I want out. But I’m not having my name on stuff that doesnt belong to me. I want my credit back. Not hard to ask, right? Well I know [...]

 
Financing less than a house is worth...is it any easier?

My husband and I are planning on purchasing a house that is currently in my parent’s name. We have done many improvements and it is currently appraised at around $ 87,000 (before improvements) but the loan we will need to get will be the $ 65,000 my parents are asking us for it, plus we [...]

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