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November
28

Most of us make our house payment every month without ever thinking about how we are really spending our money. The fact is, if you purchase a $200,000 house January 1, with zero down, at 5% interest, on a 30-year fixed note, you'll be making a monthly principal and interest payment (not counting PMI, property taxes, and homeowners' insurance) of about $1,073.  Some $833 of that monthly payment will go toward interest, and only about $240 to your principle balance.  The first year alone will cost you almost $10,000 in interest. Over the life of the loan, you will pay some $186,511 in interest – almost double the cost of the home. 

THE TAX DEDUCTION MYTH

What they say: "But...

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April
27

"Closing costs" is a confusing term. Depending upon who you're talking to, it can encompass various monies which will be required of a buyer in order to get up from a closing table with a new set of keys (hopefully with a Heritage Real Estate keyring attached). There are numerous charges and fees involved and buyers frequently get the terms mixed up. More often than not, neither lenders nor Realtors thoroughly and clearly explain things to the buyer.

Firstly, there is a difference between "closing costs" and "down payment," something first-time buyers frequently misunderstand. I recently had a deal go south because the buyer's agent didn't bother to explain to him that "zero down" didn't mean there were no costs involved. Imagine his surprise when, two weeks into our contract, he learned he had to come up with $4,000 in closing costs.

Your "down paymen...

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July
1

Join me tomorrow, Saturday, July 2nd, for an open tour of this gorgeous home!

201 Charter Street
Clarksburg, WV
Saturday, July 2, 2016
10:00 a.m. - Noon

Updated Old World charm. Well maintained 3/2+ home offers newly updated eat-in island kitchen, gorgeous master bath w/Jacuzzi tub. Original oak floors, French doors, trim, handsome staircase, and built-ins. Fireplaces in living and dining rooms. Bonus room for office or playroom. Walk-up attic and interior access/walk-out basement. Located on a partially fenced corner lot with off-street parking. Close to the public pool and Veterans' Park. $99,500.

Click here for more information.

 

 

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October
2

Yesterday, a young man killed nine people at a small college in Oregon. Witnesses said he asked them their religion; if they said, "Christian," he shot them in the head. If they weren't Christians, the witnesses said, he only shot them in the legs.

You can argue, as one talking head already has, that it, "wasn't really Christians he was after," he just wanted notoriety and figured the Christian angle would do it. While I won't argue he probably desired infamy, he didn't ask his victims if they were chess players, or atheists, or Huskies fans, or white supremacists, or counted cross-stitchers. He specifically sought Christians as targets – an increasingly popular pastime, in one form or another, here and around the world.

I don't know the names of his Christian victims, whether they were men or women, young or old, or who grieves for them today. Nor can I imagine their last thoughts. But I know this: though they faced death they did not...

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Bill Porter, Broker (304) 612-3746
207 Aurora Dr
Morgantown, WV 26508

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Agency License Information: 010271-00

Broker License No. WVB240300963
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