The Perna Team Blog - Blog Archive: August, 2020

FHA Home Loan Information for First-Time Home BuyersAn FHA loan is a flexible type of loan for home buyers to discover when considering their loan options. Additionally, the FHA loan is often the preferred home loan for first-time home buyers. The following information will detail what home buyers should know before choosing an FHA loan.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

What Is an FHA Loan?

An FHA loan is a loan that is backed by the Federal Housing Administration. FHA loans are very common, often among home buyers on a budget and first-time home buyers. Interested home buyers with a small down payment saved and who may not be able to afford a conventional loan often turn to the…

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Everything to Know About Capital Gains Taxes for Home SalesFor some people, selling their home can affect how much they must pay in taxes at the end of the year; however, not everyone is affected by this tax rule. If you will be selling your home sometime in the near future, there are things you may want to understand about capital gains and how they work. The more you know about this important tax rule and how it affects you, the easier it will be for you to file your taxes at the end of the year.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

What Is Capital Gains Tax?

Capital gains tax is a tax applied to the money you make on the sale of an asset. To find out how much you could be taxed on the sale of…

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