Tag: Real Estate

Posted on 01/30/2022
Fair Market Value: Why It Matters
There are many variables that make up the fair market value of a property. Because this value depends heavily on the environment and the property itself, it’s crucial in making sure you get the best buying or selling price. Here are some of the biggest things that fair market value affects: Insurance Homeowner’s insurance always uses the fair...
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Posted on 05/09/2021
Can You Live in a Property Obtained Through 1031 Exchange?
Photo by Karolina Grabowska from Pexels 1031 exchanges are special transactions in which one investment is effectively “swapped” for another. In real estate, this means selling one investment property for another of “like-kind.” This can be an effective and lucrative strategy because it can allow you to defer certain taxes as long as you abide by specific rules...
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Posted on 12/08/2019
How to Build You Dream Green Home
Are you familiar with “green” home builders? They are contractors who construct homes from sustainable or renewable products. These green home builders use durable materials in building all kinds of homes ranging from individual bungalows to expansive, real estate developments. Just like traditional builders, they handle diverse types of construction but build in a way that minimizes waste....
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Posted on 11/03/2019
Factors to Consider When Choosing a Home to Buy
If you want to buy a home, the chances are that you are either buying it for a lifestyle upgrade, for business, as an investment, or for family use. Having decided to purchase the home of your choice, one of the significant decisions you have to make is to determine where you want to live. The location of...
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Posted on 09/29/2019
Avoid A Bad First Move
The long-expected day is finally here; it’s time for you to put into action all your weeks and months of planning. As a first-time mover, you might be worried, excited or stressed. Or maybe you are overwhelmed with all three emotions. It’s normal to feel this way, but you would get through this stage in one piece. There...
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Posted on 09/22/2019
Alternatives to a Traditional Loan for Buying A Home
The decision to buy a house is probably the best decision you would ever make. Deciding is the easy part; coming up with the capital to finance the dream is the hard part. Getting a home of your own has its perks, but it can be a daunting process to acquire. Usually, prospective homeowners seek mortgage loans when...
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Posted on 08/18/2019
Some Reasons Why Your Offer Can Get Rejected
Buying a home can be frustrating, time-consuming and tiring. It requires patience on your part as a buyer. There are process and procedures you need to go through after you decide to buy a house but before the ownership of a home becomes yours. Getting a house that you love and would meet all your demands can be...
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Posted on 08/04/2019
Some Things You Need to Do to Your Home Before Selling
Here are five things you need to put in check before putting your house out for sale: Curb appeal and Entrance The saying "don't judge a book by its cover" does not apply to real estate. Both the front and back of the home should be eye-catching. Making sure to mow the lawn, plant flowers, ensure paint is...
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Posted on 07/14/2019
Getting Ready for a Bidding War
You and your agent search for weeks to find the perfect home and suddenly, there it is on the market. It’s in the highly sought-after neighborhood of your dreams and, amazingly, the asking price is in your sweet spot. You and your agent follow tried and true negotiation tactics only to learn that the seller has multiple offers...
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Posted on 07/07/2019
What’s the Difference Between Appraisals and Assessments?
Home valuation is one of the tricky areas of real estate. In general, you want a high appraisal and a low assessment. But shouldn't they be the same? Well, in a perfect world your assessment and your appraisal would be the same, but you don't want the world to be perfect in this regard. Here's why: Appraisal An...
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Posted on 05/19/2019
Investing In Real Estate Is Still A Viable Option
Investing in real estate investment is still a viable option, consider these few trends. Construction of new homes is on the increase in the U.S. Although the Census Bureau reported that new home sales in January 2019 had dropped 6.9 percent as compared to the same period last year. The U.S. median property sales went down from $373,100...
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Posted on 03/31/2019
Real Estate Terminology
In real estate terminology, you may hear about various ratios and where you need to fall within the ratio to qualify for the home you want. A ratio simply expresses a relationship between two values: they compare two things, so a student/teacher ratio might be shown as 18:1, or one teacher for every 18 students. Different ratios apply...
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