If you’re an active real estate investor, at some point you’ll likely come across a probate sale. Properties sold through probate can be a good deal, as they’re often priced lower than other comparable homes, however, there are risks and probate sales often take longer than traditional real estate transactions. As a result they aren’t popular […]
A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. Lately, those who read economic tea leaves have been hinting that we may be heading toward a shift in the housing market. This makes sense, as surely national home […]
Fall is here as the leaves and the temperatures begin to drop we find that these aren’t the only things falling and rather BUILDER INCENTIVES ARE BACK! Builders are substantially dropping prices of market ready homes and introducing new incentives to sell their inventory homes. With interest rates projected to rise even higher (they’ve already […]
Especially Helpful if you are a first-time home buyer Q. I’m thinking about buying a home. Where do I start? A. The first step for those considering buying a home is a credit check. It’s always a good idea to keep an eye on your credit reports so you can spot any mistakes and dispute them […]
With the right knowledge, information, and patience, you can completely avoid paying taxes on the gain from the sale of your home (or a rental property or vacation home) — stick the gain in your pocket and thumb your nose at Uncle Sam. How It Works Under current tax rules you are allowed to sell a […]
No number is more important to prospective home buyers than their credit score. Simply put, these three digits are a numerical representation of your existing debt, and your track record paying off these debts, everything from credit cards to college loans. If you’ve applied for a mortgage to buy a home, lenders check your credit score. If it’s high, […]
When is the best time of the year to buy a home? And what about the worst? From a pricing perspective the spring is the worst time of year to buy a home, unfortunately it is also the best time of year when it comes to the number of homes a buyer will have to choose from. Market activity […]
Research has shown that where children live matters deeply in whether they prosper as adults. On Monday the Census Bureau, in collaboration with researchers at Harvard and Brown, published nationwide data that will make it possible to pinpoint — down to the census tract, a level relevant to individual families — where children of […]
Everyone knows there’s a big difference between renting an apartment and buying a home but not everyone realizes that buying a condo is significantly different from buying a single-family home. There are many good reasons to want to live in a condominium, but the buying process can be a minefield of potential disasters to the […]
Most home buyers and sellers work with a real estate agent, and the agent charges a commission. How much is the commission, and who pays it? The answer in both cases is: the terms are set in the listing contract the seller signs. Typically the buyer and the seller each have their own agent, and the […]
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