What resolutions should home sellers make this year? If they want to get the most out of their investment, starting with these four resolutions can help. As 2019 gets going, it’s worth looking back at another year in which home sellers did well, but often at the expense of home buyers. First, in much of [...]
What you need to know about using an installment contract for deed. From closing on the sale to monthly interest payments, here’s what you can expect. Q: I am selling a commercial building and giving the buyer financing through a contract for deed. In the purchase agreement, the buyer asked about a prepayment penalty, but [...]
Housing forecast highlights you need to know. Whether you’re buying a home, selling a home, or investing in real estate here’s what you need to know about the housing market in 2019. It’s that time of year again. In addition to unwrapping packages and stuffing yourself with sweets, real estate industry observers have been at [...]
Real estate challenges and opportunities in the New Year. Whether you’re buying a home, selling a home, or investing in real estate here’s what you need to know about the housing market in 2019. As we start 2019, there are some important changes that you need to know about, starting with the increased loan limits [...]
How do you know when your real estate investor is giving you a good deal? In this reader’s case, research and trusting their instincts are a must. Q: I’m in the process of selling my home fast to an investor. The settlement is soon. I chose this way of selling to avoid showing my home. [...]
How long do you need to keep a property purchased with a 1031 exchange? Timing is everything when navigating this type of sale. Q: Several years ago you gave me valuable information on a 1031 exchange. Now I need information on how long I have to keep the properties I purchased with my 1031 exchange [...]
Can a home buyer sue these sellers for leaving their stuff behind? Despite their best efforts to reschedule the closing date and complete a quick move, the sellers left some valuables in the house. Now they’re worried the buyers will sue them. Q: The buyer for our home insisted on a closing date that was [...]
What happens to your taxes when you sell an inherited home? Depending on the state you live in, you may not have to worry. Q: My dad passed away awhile ago. He owned his home and had no mortgage. We recently sold his home for $300,000. How do I figure how much I will have [...]
What’s the best way to transfer a home title to a family member who’s been living in the home? Hint: A quitclaim deed may not be sufficient enough. Q: Hi Ilyce and Sam! We have a question about what's the best way to transfer a home title to a family member who has been living [...]
Home buyers are out in force. Sellers are scarce. The number of homes for sale on the market is as low as it was more than twenty years ago. As a result of supply and demand, half of all housing markets are overvalued in terms of price. The median home price in San Francisco is [...]
