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Real Estate

Have real estate questions? Here, you’ll find helpful articles and other resources that cover issues related to real estate, buying, selling, financing, refinancing, credit and debt, insurance, second homes, vacation homes, real estate investment, new construction, and renovation.

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Long-Term Capital Gains Tax Rate

By | December 9th, 2007|

Long-term capital gains taxes will be paid on the difference between the purchase price and the sales price, minus the broker's commission, transfer stamps, advertising costs, any other costs of sale and the cost of capital improvements made to the home.

Owner Financed Mortgage

By | December 8th, 2007|

An owner financed mortgage is not working for this home buyer. Ilyce suggests that this ThinkGlink reader work with a real estate attorney to understand her current mortgage and then refinance from a conventional lender.

Figuring Out What You Want In A Home

By | December 4th, 2007|

Before you buy a home you should figure out what you want. If you have been renting for a while you have some idea of what has worked for you and what hasn't. Make a wish list for what you want in a home so you can be a successful home buyer.

Title Proves Home Ownership

By | December 4th, 2007|

Unlike for cars, states do not issues titles for property. The title you received when you bought your home proves that you own it, no matter whether it's a warranty deed, special warranty deed, trustee's deed or quit claim deed. When you pay off your mortgage you own your home in full and your lender removes its lien on your property.

Women in Real Estate

By | December 3rd, 2007|

If you're a single woman and debating whether to become a home buyer you're not alone. It's no longer unusual for women to buy homes by themselves. Still, it's good to be prepared for the possibility of discrimination when you are buying a home.

Where To Start When Investing In Real Estate

By | December 3rd, 2007|

When you want to start buying investment property you want to assemble an expert team. Look at your first home as investment property. And always have an exit strategy when buying investment property.

Buying Vs. Renting

By | December 2nd, 2007|

When you are thinking about becoming a home buyer, it's always good to run the numbers. A long-term renter can easily justify buying a home when he considers the total amount that he spends in rent over many years. Buying a home is a wise financial decision when you can afford it.

Reasons To Buy A Home

By | December 2nd, 2007|

If you're not sure whether to buy a home, consider some of the reasons that most home buyers give. People buy homes as investments, to save for their futures, to accomplish the American dream. Once you have saved for down payment and made the emotional commitment you're ready to buy your first home.

Are You Ready To Buy A Home?

By | November 30th, 2007|

Before you call a real estate agent, before you make buying your first home a goal, it's important to get educated. Home buying is both exciting and daunting. To help you evaluate whether you are ready to become a home buyer ask yourself some key questions.

Down Payment: Creative Ways To Get Money

By | November 30th, 2007|

When you're a first time home buyer you may not have enough money for a down payment. While you can buy a home with a small down payment, you may have to then pay PMI. How can you find more money for a down payment? To get down payment assistance you can borrow from a 401k, use IRA money, or get help from friends and family. Down payment assistance may also be available from your community.

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