Jerry Jones CPA
Wouldn’t it be nice to have a CPA that you deal directly with, that understands your business, that works in all 50 states and is there for you when you need him?
"For more than 30 years, I have relied on Jerry Jones to provide me with critical guidance for both investment decisions and tax strategies. His opinions have been crucial in helping me make the best possible business decisions, as well as providing me with sound advice regarding personal tax planning".
Steve Tillett

Wire Fraud Alert for Buyers

NAR General Counsel Katie Johnson has made a video to help educate buyers about how to avoid being caught up in a wire fraud scam during their purchase of a residence.

 

 

Senate Approves Condo Bill

FHA tax housing credit CPA Jerry JonesThe U.S. Senate has cleared the way for final approval of bill that would make it possible for more condo buyers to get financing through the Federal Housing Administration (FHA) loan program.

Senators on Thursday unanimously passed H.R. 3700, also known as the Housing Opportunity Through Modernization Act. Current rules disqualify buyers from seeking FHA loans if less than 50 percent of the condominium units are owner-occupied. The bill would lower that requirement to a 35 percent owner-occupied ratio.

mortgage application rates Jerry Jones CPAReasons For Falling Mortgage Rates

This year's falling mortgage rates have been a surprise to Wall Street and economists, in general. Mortgage rates were expected to climb toward five percent or higher this year because the Federal Reserve was ending its third round of quantitative easing (QE3).

The opposite has happened instead.

As the Federal Reserve has reduced its involvement in the mortgage-backed securities (MBS) market by $35 billion monthly over the last nine months, and made plans to terminate QE3 with a final $5 billion QE3 reduction later this month, mortgage rates have dropped.

home owner jerry jones cpaThinking of moving? Make these 7 financial moves first

Short of getting married or having kids, moving to a new home is one of the most life-altering things you are likely to do. It can impact you socially, professionally, and financially, even if you are just renting a new apartment - and if you are buying a home, the effect is greater still. With all the bother and upheaval involved, you owe it to yourself to make sure that the financial side of things goes smoothly.

7 financial moves to make before changing homes

Before you change your residence, here are seven financial moves you should make:

21 Tips for First-Time Homebuyers

What consumers should know before home shopping

Key Takeaways

  • If a property has three flaws with no feasible solution, don’t buy it.
  • It never hurts to let the sellers know how much you love their home.
  • Always ask for more than you expect, and when the seller counters your offer with what you really expect, accept and walk away the winner. It’s not about who has the last say.

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