What are HOAs and POAs and Why Do I Have to Pay Fees?

Neighborhood Finances: Learning About HOAs and POAs This post answers the questions, “What are HOAs and POAs?” and “Why do I have to pay fees?” Explanations are given for HOAs, POAs, and why there are required fees. Today many Charlottesville area neighborhoods require homeowners to belong to a Home Owners Association (HOA) or a Property […]

How Am I Taxed in the Charlottesville Area?

Real Estate, Personal Property, and Other Taxes in Central Virginia This post has information and links relating to real estate, personal property and other taxes in the Charlottesville area. This Central Virginia area consists of Albemarle County, the City of Charlottesville, Fluvanna County and Greene County.  Realtors are often asked the question, “How will my […]

Nine Easy Mistakes Homeowners Make on Their Taxes

9 Easy Mistakes Homeowners Make on Their Taxes By: G. M. Filisko Published: January 5, 2015 Don’t rouse the IRS or pay more taxes than necessary — know the score on each home tax deduction and credit. As you calculate your tax returns, be careful not to commit any of these nine home-related tax mistakes, […]

Interest Rates Spike – Really?

I was in a closing the other day, and the buyer had scored a 3.25% mortgage interest rate, a full percentage point less than what she would have gotten had she locked in that day of closing on her house.  And, today, a couple of weeks later, rates have inched up just a little more. […]

Money in the Bank

Money in the Bank Get a grip on your finances by learning how to save for short- and long-term goals. Written by Maresa Giovannini. Do you feel like you are always one financial step behind the curve? If saving for the future isn’t your forte, there’s no time like the present to start developing new […]