Many people don’t realize that there’s a difference between what they own personally and what their home owns, and when it comes time to sell, the confusion can cause a lot of problems. Take the period chandelier in your entryway, for example. It’s the perfect...
There’s no way to eliminate the payback amount for those who used the Homebuyer Tax Credit starting in 2008, but the IRS has taken steps to make the process less painful. While the chance to pay it back over time through tax returns has come...
With a variety of tax breaks that come with home ownership, buying makes a lot of sense versus renting and paying someone else’s mortgage. Plus, think of all the money they’re getting back from Uncle Sam each year! Taxes are one of those annual chores that...
Just because you have negative equity in your home doesn’t mean your hands are tied with regard to making it a home that works for you. In fact, there are a variety of upgrades that make a lot of sense for homeowners in this situation....
It's not always possible to close the deal on the first contact. In many cases, it may take many attempts to bring a customer into the fold with your organization. And while your marketing budget might not be huge, there are some cost-effective techniques that...
The verdict is in...
As part of an ongoing effort to spur growth in real estate, the FHA recently announced they would again delay implementation of an anti-flipping rule. The rule prohibited buyers from obtaining FHA-insured financing for homes owned by the seller for less than 90 days, leaving...
Qualifying for a mortgage has become more of a challenge these days, but there are things that you can do to increase your odds of getting the best loan. Review your credit report. Make sure everything being reported belongs to you and reflects your true payment...
Over the last ten years, the quantity of homes that are occupied by renters has increased nearly 34%. That’s great news for landlords or for anyone looking for a long-term investment of 10 years or more. The good news continues… In 2010, average rental rates...
We are down to the last five real estate laws and regulations that will go into affect in the near future. These new regulations include information about citations, escrows, exemptions, appraisal issues, and items pertaining to small claims court. With only a few months remaining...