Norman Block
Block & Associates Realty
107 Edinburgh South Drive, Cary, NC27511
Norman BlockO: 919-459-6300C: 919-412-3777

Today's News and Features

Q: Are seller-paid points deductible?

Friday, May 27, 2016

A: For the buyer, yes, but not the seller – even though the seller pays them. Since January 1, 1991, homebuyers have been able to deduct points paid by the seller whereas, previously, they could only deduct the actual points they paid on the home loans themselves.

 

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