Moving in the summer when a lot of people do can be such a challenge. But if you prepare well, moving will be definitely easier for you. Here are ten tips you can follow for an easier move: Think about this: Can I handle the move alone? Or do I need to hire a licensed moving company for a full-service … Read More
10 Things You Should Keep In Mind When Investing In Real Estate
People have different goals and principles when it comes to investments. But here are vital tips that every investor needs to know to ensure success. Compare property rates. The best way to assess the value of a property is to find out the sale value of other properties in the vicinity. This is also how you determine the rental fee. … Read More
1031 Exchanges
Definition A 1031 Exchange (Tax-Deferred Exchange) is One Of The Most Powerful Tax Deferral Strategies Remaining Available For Taxpayers. This allows the taxpayer to pay due taxes at a later date. In usual transactions, the landowner pays a percentage of his gain from the sale for taxes. But Section 1031 of the Internal Revenue Code allows the landowner to trade … Read More
12 Red Flags That Should Raise Concern
According to HouseMaster, a major home inspection company with offices in more than 390 cities in the United States and Canada, atleast fourty percent of homes in the market have at least one major flaw. Kathleen Kuhn, CEO and president of HouseMaster says, “Virtually every ‘used’ home needs some repair or improvement,” “That’s to be expected. But with today’s high … Read More
5 Tips To Get The Best House For The Best Price
Aim for pre-approval versus pre-qualification. If you are looking to get the best house at the most reasonable rate, you need to show them that you are in a good negotiating position. There are several factors involved in a transaction. Price is one of them but not necessarily the most important. What matters more are factors like the length of … Read More
7 Useful Tips For Newbie Home Buyers
Are you excited to purchase a new house for the first time? Here are useful tips that are sure to help you in your new venture. Do a research on how much comparable properties cost in the same area. There are websites where you can do this. Websites like National Association of Realtors allow you to search actual MLS listings … Read More
8 Good Questions To Ask An Agent
One of the keys to finding a good home without hassle is through a good agent. More than a good resume, they need to have a good track record and a good reputation. They should be effective as an agent. Here are eight good questions to ask an agent before hiring their services. Why compelled you to become a real … Read More
A Few Tips About Interest Rates
The higher interest rates, the more it’s going to cost you. If it’s your first time to invest in real estate and you don’t know much about interest rates, here’s something you should always remember: the higher the interest rate, the more it’s going to cost you. When you borrow money, this means that you have to pay a lot … Read More
Affordability Options For First Time Buyers
Most first-time home buyers are eager to have their very own home but it has to be at a price they can afford. Smaller homes, fixer-uppers and cheaper commutes to work are the best options to look into. The problem is, most first-time home buyers expect more than what they can actually afford in a home. Coldwell Banker conducted an … Read More
Buyers, Get An Edge During The Busy Spring Season
Usually, spring and summer is the busiest time in residential real estate. Most families want to take advantage of the good weather and the children’s summer break. However in most regions, spring is also when houses are most expensive. During this time, there are a lot of buyers and competition is tough. Here are some measures you can take that … Read More
Buying A Home With Loans From Family And Friends
Asking for a home loan from a friend or family member is difficult; even if they are people close to you. The money involved is big and you probably see each other frequently or at least once a year. If they turn you down, you might feel uncomfortable with each other. But if you could show them how it could … Read More
Buying A House Together
Buying a home is expensive. A lot of people want to have a home of their own but do not have enough cash or can’t get enough funding to afford a mortgage. On the other hand some people are looking for ways to be able to take advantage of tax benefits from being a home owner. So they turn to … Read More
Contingencies Your Home Offer Should Include
When you enter into the buying process, you will be committed despite all the uncertainties involved. By adding contingencies clauses in the contract, the buyer feels a sense of protection from the unknowns. Contingencies clauses state things that need to be met before closing the sale. The protection buyers get from mortgage contingenciesThis is one of the most common contingency. … Read More
Am I Ready To Buy?
Readiness when it comes to buying a home takes more than just money. There are other factors involved – factors not involving money but can be as important. People make decisions not just based on financial issues but on other things as well like your personality, abilities and values. Probably one of the most important consideration you’ll have is the … Read More
Creating A Good Checklist
When you go to a real estate agent, the first thing they’ll want to know is what kind of property you are looking for? What are the things you want in a house? What are the things you don’t like. For them to lead you to houses that are up to your standard, you need to be specific about the … Read More
Determine How Much You Can Afford
When you turn to lenders to acquire a house, they determine how much you can borrow based on computations. But do they really know your financial capacity? They can count your income and concrete expense but they don’t know exactly how much you’re regularly spending? You’re the only one who knows if your income can support your lifestyle. Do you … Read More
Eight Steps Towards A New Home
1 – Decide to purchase.There are many good reasons why it’s beneficial to buy a home. Wealth building is one of them; perhaps the most important. It is often considered an accidental investment. But it is actually a good intentional investment if it is done correctly. The financaial benefits of owning a home are: value appreciation, equity buildup, and tax … Read More
Find Out If You Can Really Afford A House
Being a homeowner has its perks and a lot of responsibilities. So before you commit to years of paying for a house, make sure you understand what you’re getting into. First, think about the costs. There are many costs associated with owning a house. You need to pay a downpayment, home insurance, and other fees needed to close the contract. … Read More
Find The Perfect Neighborhood
Finding your perfect home starts with searching for your kind of neighborhood. What is so important with a good neighborhood? The environment you live in affects your lifestyle and quality of life for you and your family. You may want to live near a park so you and your kids can often walk there and they could play with other … Read More
Five Key Areas To Pay Attention To When Buying A Home
Looking for a new home is exciting and overwhelming. There are so many things and details to pay attention to. Focus on these five most important areas: electrical, foundation, plumbing, the attic, and landscaping. According to Don Walker, inspector and owner of Ace Home Inspections, these are the five areas in homes that he frequently reports problems with. ElectricalMost people … Read More
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