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When it comes to something as complex as mortgage, it’s not surprising that there are numerous myths associated with this financial product.

When you are looking out to own a home, you have few options available before you. These include owning a traditional detached home, a medium-density townhouse or a condominium ownership.

It is not necessary for you to wait till April, 15th, 2013 to start preparing for your taxes. You can take tax preparation steps now and claim your refunds. If you miss out on the due date, you may be liable for paying penalties.

If you are a prospective home buyer, then the homes which are in short sale are good options for you. Earlier the process of short selling was very time consuming and lengthy.

The tax season started late this year. However, IRS has started sending the refund checks to concerned people. It has been estimated that there are around 75% taxpayers who will receive refund checks this year. Also, the average check would be of around $3,000.

In the aftermath of the housing market collapse, the incidence of foreclosure and short sale was very common in the country. Though in the current times, the property market is showing some signs of improvement.

Good news for all tax payers!! The tax rates and income brackets for 2013 has been revised and published by the Internal Revenue Services (IRS).

Owning a home is very costly. You need to arrange the money required to make this big purchase as well as should make provision to make timely repayments.

Single mothers face the huge responsibility of managing household expenses and bring up their kids single-handedly. Thus, financial assistance is quite important for them.

There are numerous laws and regulations governing the mortgage industry. Many of these laws are aimed at protecting the interests of the borrowers.