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Jan 18, 2010
Home Selling Tips - Staging Your Home For Sale
Staging your home for sale is one of the top things you can do to sell your home faster and for more money. You want your house to appear open and inviting, and you don't want your personal items distracting the buyer from the features of your house. Stage your home for sale by decluttering your…
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Jan 13, 2010
Estate Planning Can Help Avoid Capital Gains Tax
Proper estate planning will help you avoid paying long-term capital gains tax when you sell inherited property. If your relatives plan with an attorney or tax advisor for how they would like their assets to be distributed, you can avoid paying unnecessary taxes on your inheritance and assets.
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Dec 17, 2009
Home Selling Tips: New Year's Resolutions For Home Sellers
Home sellers had it rough in 2009, and 2010 promises to be another hard year for home sellers. However, there are some home selling tips you can take to put yourself in a better home selling situation. Make it a New Year's Resolution to become a better seller and follow these home selling tips to…
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Dec 17, 2009
ThinkGlink Radio Show for Aug 19, 2009
The future of the housing market doesn't look too grim, according to RE/MAX CEO Dave Liniger. He sat down with Ilyce Glink after a press conference to answer a few questions on his experience with RE/MAX, what he thinks will happen with the recession, his thoughts on foreclosures and the $8,000…
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Aug 19, 2009
Seller and Buyer Closing Costs State By State
Seller and buyer closing costs are usually a mystery, and we frequently receive emails asking us to give sellers more information on who generally gets to pay for survey and title insurance expenses. So, we prepared a list of two of the most popular closing costs paid by sellers and buyers on a…
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Jul 28, 2009
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Jul 27, 2009
Six Reasons Why Your House Won't Sell
The housing market is still slow, but some homeowners are selling their houses. You may ask "why my house won't sell?" If you're a buyer who is having trouble selling your house, there may be a reason why you can't sell, but your neighbor down the street just sold their house. Make sure your house…
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Jul 23, 2009
Unpaid Real Estate Property Taxes: Redeeming The Tax Sale
If you don't pay the real estate taxes on your home, you could lose it to a tax purchaser. That tax purchaser can buy your home at a tax sale. You'll have a short period of time in which to redeem the property sold at the tax sale, but not long. Unpaid real estate property taxes is one reason why…
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Jul 9, 2009
How Does A Reverse Mortgage Work And What Are The Pitfalls?
How does a reverse mortgage work? A homeowner can take out a loan based on the equity in their home, and the loan becomes due when the home is sold. Usually FHA’s home equity conversion mortgage (HECM) program is loaded with insurance to prevent any loss in case the value of the home drops. However…
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Jun 26, 2009
When Will U.S. Commercial Real Estate Property Markets Recover? Try 2017
Commercial real estate properties are in a tough spot in this recession. Commercial real estate rents are down by nearly 50 percent, which means that the underlying value of commercial real estate could fall 50 percent from the high point in 2007. Will the federal government back commercial real…
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Jun 22, 2009
Questions for HUD Secretary Shaun Donovan
Shaun Donovan, Secretary of the Department of Housing and Urban Development (HUD), spoke to a members of the National Association of Real Estate Editors yesterday afternoon in Washington, D.C. After he made his prepared remarks, Donovan took questions from the media on the topics of foreclosures…
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Jun 19, 2009
Senator Proposes $15,000 Tax Credit For All Home Buyers
What would it take to motivate you to buy a house? U.S. Senator Johnny Isakson, R-Ga., thinks you need the push of $15,000.
Yesterday Sen. Isakson introduced legislation that would expand the first-time home buyer tax credit to all home buyers, and it would increase the maximum credit to $15,000.
I…
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Jun 11, 2009
Proposed Legislation Would Expand Home Buyer Tax Credit
US Senator Johnny Isakson, R-Ga., introduced legislation that would expand the first-time home buyer tax credit to include all home buyers, and increase the credit the $15,000. The legislation proposed by Isakson to increase the home buyer tax credit also removes income limits and closing deadlines…
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Jun 11, 2009
California, Nevada, Florida Rank Top 3 For May Foreclosures
RealtyTrac released today the May 2009 foreclosure numbers. Nevada tops the ratings with 1 in every 64 housing units receiving a foreclosure filing, more than six times the national average. California was second with 1 in every 144, and Florida third with 1 in every 148 housing units receiving a…
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Jun 11, 2009
May Foreclosure Activity Up 18 percent From Last Year
RealtyTrac, the leading online marketplace for foreclosure properties released its May 2009 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 321,480 U.S. properties during the month, a decrease of 6…
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Jun 11, 2009
Where Are All The Fantastic Real Estate Deals?
All this commotion in the news lately about the $8,000 tax credit and foreclosures and great deals and falling prices has put the idea in my head that it might be time for me to become a homeowner.
Under normal circumstances, my finances would tell me to steer clear of a mortgage. But I figured that…
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Jun 3, 2009
Is Your Mortgage Broker Allowed To Originate An FHA Loan?
Can a mortgage broker originate an FHA loan if he or she also has a real estate license? The FHA prohibits brokers who are "actively selling" real estate from getting FHA loans. However, the eligibility requirements for FHA lenders don't address real estate licenses. If you're a mortgage lender, but…
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May 19, 2009
Foreclosures Increase 24 Percent In First Quarter 2009
In the first quarter, the number of foreclosures increased 24 percent from a year earlier, reported RealtyTrac today. One in every 159 homes received a foreclosure notice in the first quarter. RealtyTrac includes bank repossessions, default notices and auction sale notices in the foreclosures it…
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May 13, 2009