April is traditionally the heart of real estate’s spring selling season. Shop in the spring, move in the summer is often the strategy, especially for those with school-age children. Roughly 50 percent of home sales take place in the summer, with most buyers signing purchase agreements in late spring, this according to the National Association […]
While it’s long been projected that Millennials are destined to dominate the housing market in upcoming years… new data from Realtor.com reveals that it’s finally happening. Millennials are buying houses. Lots of them. According to Realtor.com, in January 2017, Millennials surpassed Generation X as the group responsible for the most new mortgages and subsequently home purchases. Since […]
Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, this according to a new study by the Urban Institute. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than […]
Selling your house for cash can be a dream come true. In these cases, the buyers is often an investor looking for a quick transaction. They aren’t generally to concerned with the condition of the home and typically submit as-is offers and are willing to make repairs and updates. In most cases, the inspection is […]
A fixture, as a legal concept, means any physical property that is permanently attached (fixed) to real property, the removal of which would damage the real property. Property not affixed to real property is considered chattel property. Fixtures are treated as a part of real property, particularly in the case of a security interest. An […]
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 […]
The U.S. Surgeon General recommends that every home tested for Radon. About 1 in 15 homes nationwide has elevated radon levels and require mitigation (these numbers are even higher in Ohio). Radon is listed by the U.S. Environmental Protection Agency (USEPA) as a leading cause of lung cancer, second only to smoking. Radon is a […]
If you’re in a committed relationship but nuptials are on the back burner, your dream of buying a home doesn’t have to be. Sixteen percent of first-time homebuyers in 2017 were unmarried couples, according to an annual report by the National Association of Realtors, the highest share the organization has recorded since 1981. Many couples […]
If you’re considering selling your home and looking to fetch top dollar from the sale… and who isn’t… staging every room may sound like the best course; however, it may be a daunting task to both you and your wallet. If your home needs staging and you can’t afford to invest in staging the entire […]
The local Central Ohio real estate market continues to soar and as a result property values are up significantly. Unfortunately your taxes are about to go up as well. On Monday, Franklin County Auditor’s office released tentative 2017 reappraisal property value changes by school district, and all but one local district logged double-digit percentage growth. […]
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