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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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Selling Your Home Means Selling Your Curb Appeal First

By | April 29th, 2005|

Selling your home means selling the outside first, so make sure the exterior has curb appeal. Curb appeal and nice landscaping will push buyers to decide to walk in and help you sell your home. Maintaining your home's curb appeal will propel the offers you get, and selling your home may happen sooner than you think!

Learn The Basics Before Buying First Home

By | April 29th, 2005|

Buying your first home is big step, and first-time home buyers should make sure they're well educated before hitting the market. First-time home buyers actually have a lot of choices to make when purchasing a home. It's important for first-time home buyers to research rates and lenders to get the best deal.

New Construction Deposit In Jeopardy

By | April 29th, 2005|

A home buyer has put a deposit down on a home in a new subdivision. After two years, they learn that the developer has not gotten final approval for the development. When a developer or builder has been unable to obtain the required approvals for the subdivision after two years but has started work on it, it's a huge red flag. The buyer should hire an attorney to help get their escrow money back.

Condo Board Charges Entertainment Fee

By | April 22nd, 2005|

A condominium homeowners association board hires comedians and singers for the common area and then asks residents to pay extra fees. If the resident doesn't pay, they are not allowed in the common area. Sam and Ilyce talk about reviewing the condominium documents for your homeowners association and the laws in your state.

Cash May Overcome Fatal Flaw When Selling A Home

By | April 22nd, 2005|

When you're selling your home and it sits on the market for a few months you may wonder what's wrong with your property. In some cases, the property you're selling may have a fatal flaw such as a lack of a parking space in the city. How can you overcome a fatal flaw when you're selling your home? You can try offering incentives to the prospective home buyers and buyer's agent.

Loss On Property Sale Not Deductible

By | April 22nd, 2005|

A profit on selling your home is calculated by the sales price minus the costs and improvements. So what if costs and improvements cost more than the sales price? Unfortunately, the difference cannot be considered a loss for income tax purposes.

Shopping For A House Online

By | April 22nd, 2005|

A home buyer is in love with a home they found on the Internet but is unable to see it in person for two weeks. It's not a good idea for the home buyer to enter any agreement with the sellers until they see the home in person. A real estate agent in the area might be able to help the home buyer until they are able to see the home.

Lease With Option To Buy

By | April 22nd, 2005|

A lease with an option to buy can be a good option for home sellers, but what if the prospective tenant has bad credit? There are certain things homeowners can do to protect themselves from an equitable interest claim if they decide to do a lease with an option to buy.

Use 1031 Exchange To Avoid Capital Gains Tax

By | April 15th, 2005|

Just calling a home your sold home your primary residence doesn't mean you'll avoid capital gains taxes. Using a 1031 exchange when selling a home and buying a new one can help defer capital gains taxes. With a 1031 exchange, you can swap investment property for another income-producing property that costs at least the same amount.

Strategy For Improving Credit Score

By | April 15th, 2005|

A couple is planning on getting a new mortgage in a couple of years and wants to pay off credit card debt with a home equity loan. If you can trade non-deductible debt like credit cards for deductible debt like a home equity loan, it's usually the better deal. A home equity loan will charge less in interest than credit cards and you can write the interest you pay off on your federal income tax return.

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