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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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Real Estate Minute: Have You Refinanced Your ARM Yet?

By | September 25th, 2006|

Real Estate Minute with Ilyce Glink Have You Refinanced Your ARM Yet? Original Air Date: September 25, 2006

Capital Gains: How Much Tax To Pay On Land Sale

By | September 25th, 2006|

Whenever you sell a property you have to pay capital gains tax on the difference between what the property was worth when you got it versus how much you sell it for. An accountant or tax preparer can help you determine exactly how much capital gains tax you'll pay as well as how much state tax to pay on the land sale. Capital gains tax rates are set by Congress and change periodically.

Moisture Trouble With EIFS Home

By | September 23rd, 2006|

A reader purchased a synthetic stucco (EIFS) home and now has detected a bubble on the exterior of the home. Buyers should be cautious if purchasing homes with a synthetic stucco exterior. A home inspector with experience in synthetic stucco should always give the home a thorough inspection.

Real Estate Minute: Can’t Sell Your Home? Your Builder May Help You

By | September 22nd, 2006|

Real Estate Minute with Ilyce Glink Can’t Sell Your Home? Your Builder May Help You Original Air Date: September 22, 2006

Buying Home With Cash Has Tax Implications

By | September 22nd, 2006|

Getting a loan for a home purchase will offer tax deductions, versus buying property with cash. You can write off the interest for either a mortgage or a home equity line of credit. Often a HELOC can be tax deductible where as acash deal has tax implications down the road.

Real Estate Advice For Changing Title After Making Mortgage Payments

By | September 17th, 2006|

Buying real estate with family can be tricky. What can you do if you've made all the mortgage payments but you share the title with a family member? In trying to get a family member to change his mind about co-owning a home, it helps to view the situation from the other person's point of view. If the co-owner won't ultimately agree to be removed from the title to a home on whose mortgage he's made no payments, it may be necessary to file a lawsuit.

Renting Out Home

By | September 16th, 2006|

What do you do if you've purchased a new home but are unable to sell your old home? You could decide to lease or rent it. If you do that, you have to consider the primary residence tax exemption. To be sure whatever type of lease you sign covers all your concerns. Talk to a real estate attorney to have all your bases covered.

Breach Of Contract Due To Pool Water Damage

By | September 12th, 2006|

What can you do when your earnest money gets held up due to a damaged pool? It's up to the seller to disclose water damage and if he doesn't the buyer may have to hire a real estate attorney to get his earnest money back from the seller. Learn about breach of contract and seller disclosure in this situation.

Home Inspector Finds Foundation Issues, Homeowner Must Repair Home Before Sale

By | September 10th, 2006|

A home inspector found major foundation issues and the homeowner must repair the problems before selling the home. City home inspectors must not have found the problems but the homeowner can't sell the home until the problems are repaired. The homeowner is looking for inexpensive repairs to the foundation after the home inspector found the problems.

Is Now A Good Time To Buy A House?

By | September 8th, 2006|

How do you know if "now" is a good time to buy a home? If you combine higher housing inventories with longer list times and historically low interest rates, itâ's a strong hand for home buyers with at least some down payment cash in the bank and good credit. But take your time. In a buyer's market (where more sellers have listed homes than there are buyers to purchase them), buyers typically have plenty of time to compare prices, amenities, neighborhood, commute and other features.

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