Thursday, July 18, 2013

American Society of Home Inspectors Supports Protection of Home Mortgage Interest Rate Deduction



 The American Society of Home Inspectors® (ASHI) opposes strategies that would diminish the value of the homeownership incentives provided by the home mortgage interest rate deduction (HMID), that are currently allowed under the U.S. tax code. 

Homebuyers who benefit from the HMID are a large segment of the total consumer marketplace. A recent evaluation prepared by the congressional Joint Committee of Taxation for consideration by the U.S. Senate Committee on Finance found that approximately 36.5 million tax returns filed in 2009 took advantage of the itemized deduction for home mortgage interest, claiming deductions for $420.8 billion of home mortgage interest. This amount is likely to be substantially reduced over the next five years as the result of an unprecedented wave of foreclosures and short sales. It will also adversely affect the millions of homeowners who have recently refinanced to take advantage of low interest rates. The HMID is a motivation to buy and helps to support the real estate market. Removal would adversely affect decisions to buy and put the housing market into a stagnant position. 

Home sales and refinancing have multiple economic effects. Homeowners make significant expenditures when purchasing or improving a home. They buy appliances, furniture, home equipment as well as pay thousands of small businesses for home improvements and related transaction expenses. ASHI encourages President Obama as well as the policymakers on Capitol Hill to fully support the current tax treatment of the HMID and to fully consider the unintended consequences that will occur from a focused tax action on homeowners. 


  • The American Society of Home Inspectors (ASHI) is the industry recognized nonprofit public-benefit organization of real estate inspectors.
  • The American Society of Home Inspectors (ASHI), founded in 1976, is North America's oldest and most respected professional society of home inspectors. ASHI's goals have always been to build customer awareness of the importance of a quality home inspection and enhance the professionalism of home inspectors.
  • ASHI's Code of Ethics and Standards of Practice are recognized by the California Business & Professions Codes and are considered the standard of care by the real estate industry and legal profession.



About Steve Zivolich 
and
Guaranteed Property Inspections: www.gpinspect.com

Steve Zivolich, M.A., the owner/operator of Guaranteed Property Inspection and Mold Investigation Inc. has been providing property and environmental inspections for over 13 years in Orange County and Southern California.

Steve Z. has performed over 7,000 home inspections, mold, energy and environmental inspections and is fully certified and insured to meet all your inspection needs. He personally provides all field inspection services and as a result is able to maintain the highest Better Business Bureau rating of A+.

Steve has extensive training and years of experience as a home, mold, energy, radon, EMF/RF and environmental inspections,  that will guarantee that you receive the most thorough, state of the art and comprehensive inspection that follows current industry standards of practice and codes of ethics.

He conducts every inspection, as if he were moving his own family into the property. Steve also backs up every home inspection with a 90 day warranty, that is purchased on your behalf from American Home Warranty Association.

Unlike other home inspection companies, who will need to refer you to an environmental and/or energy audit contractor, Steve is a nationally certified expert that can handle the job without making you jump through hoops to hire additional people before the end of your inspection period, including the areas of: mold, asbestos, allergens, child safety, radon, formaldehyde, energy, EMF, water quality, and VOC's. 

As a result of his advanced training, he is able to offer a FREE energy audit and FREE limited mold investigation as well, with each home inspection.
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Please take the time to read through Steve's home inspector credentials and qualifications as this is so important when hiring an inspector. www.gpinspect.com

Don't focus on price alone, focus on value, quality, experience and professionalism. When you hire an inspector, any inspector, you are hiring their individual knowledge, experience and qualifications so make sure you hire the best, not just the cheapest. We are confident that you will be Steve's next satisfied customer.


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