Contract Terms For Buying A Home
Buying a home is a complicated process. Be sure to completely understand the contract and hire a reputable real estate attorney.
Home Auction Versus Agent
Selling a home through an auction or a real estate agent is up to the seller. It takes some investigating to decide if an auction or a real estate agent will get a higher price for the home. Auctions aren't cheap, but can be quick.
Estate Planning Helps Mitigate Inheritance Taxes
When you're doing estate planning you need to consider not only federal taxes but state taxes too. Some states tax estates at different levels from the federal tax rates and the states may not tie their estate taxes to the federal rate. It's important to consider estate tax rates to preserve an inheritance.
Home Inspector Needed When Buying Home
Most home buyers will have at least two opportunities to inspect their property before closing on the purchase. A home inspector is essential to buying a new house. If a home inspector finds anything wrong with the property, or decided further inspection are needed, the home buyer will be able to figure out if there are insurmountable physical problems with the home.
Ilyce Glink on WSB Radio – October 14, 2007
Today on the Ilyce Glink show, Ilyce talked about the new version of "The Game of Life," the classic HASBRO game, which has replaced the use of with credit cards. Since kids as young as 9 play the game, Ilyce wondered if that was a good thing. It's the game she's going to buy for all of her older nieces and nephews this holiday season (as well as buy one for her sons, Alex and Michael to play). Ilyce also answered questions on timeshares, investing, financing and refinancing, and talked to Peg about consolidating her 9 credit cards with a home equity loan. All this and much more on today's Ilyce Glink show.
Broker Commission Part Of Contract
Commission paid to real estate agents is negotiable. Ilyce helps this home seller understand the broker's commission as described in her contract.
Selling A House And Keeping The Profits Tax-Free
The IRS allows homeowners to avoid having to pay any taxes on the gain from the sale of their home up to $250,000 for a single homeowner or $500,000 for married couples if the homeowner has lived in the home as his or her principal residence for 2 years out of the last 5 years.Is there any way to keep the profits of a home sale tax free if you've lived in the home less than two years? The IRS allows some circumstances to avoid capital gains.
Owning Half Of Property Makes It Hard To Sell Home
The owner of a four-family house wants to sell his house. But he only owns half of the property. He wants to put the house up for sale. Can he convince his co-owner to sell the house?
Something To Think About
WORLD POPULATION GROWTH HISTORY POPULATION Year Reached Time Span (Years) 1.00 Billion 1800 65,000+ 2.00 Billion ...