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January 08, 2015

Saving Money on Your New Home

The Real Estate Agent’s Ultimate Guide to Saving Money on Your New Home

Settling into your new home? I hope your move was as painless as possible. But even if you’re still in the midst of renovations and repairs, by now you know that homeownership means loans, contracts, taxes, and all sorts of expenses from repairs to improvements.

saving money new home photo

Right about now, you’re thinking about saving money as your new home buy has seriously dented your finances. If your real estate agent hasn’t shared these secrets yet, believe it or not, it’s possible to save money from your new home purchase.  (For one, you avoid the sudden rent increase notice stuck to your front door just when you’re having a less-than-stellar day.)

Here’s how:

1. Work with a reputable accountant on your tax returns this year.

It’s a counterintuitive money-saving advice, I know, and you’re wondering if you can afford the services of a professional accountant. Your new home purchase may have cleaned out your financial reserves, but investing in an accountant’s help will ensure you can maximize the amount of refund you’ll get.

Most new homeowners are qualified for some federal and state tax deductions. Your accountant is in the best position to maximize the changes in your tax situation and will complete your tax returns correctly.

In the next years to come, you can use this year’s tax template for future filings.

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About the author:

Robert Greene is a DeLand, FL real estate agent who has been helping home buyers and property sellers in the West Volusia area since 1978. If you’re looking for homes for sale in DeLand, Deltona, Debary, Lake Helen, Orange City, Barberville, and Pierson, FL, he is one of the top Realtors that comes highly recommended by his peers and clients. He has been recognized by the local board of Realtors as the Top Commercial Seller for 2010 and as a Top Ten Residential Producer for 2011.

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