Tag: Real Estate

Posted on 10/09/2022

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...

Fair Market Value

Home Buying

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Posted on 08/21/2022

Can Contingencies Benefit Sellers?

Contingency clauses in a real estate contract typically come from the buyer. However, there are some contingencies sellers can use in a sale negotiation as well. While they’re less common, knowing the basics can help in selling your home. Here are the main contingencies every seller should know: Kick-Out Clause A kick-out clause is a useful balance to...

Contingency

Contingent

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Posted on 06/20/2021

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...

Real Estate Taxes

1031 Exchange

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Posted on 08/16/2020

HOAs: Are They Voluntary?

Photo by RawPixel.com via Shutterstock When it comes to homeowner’s associations, you need to know what type yours is before you determine whether to “join” it. There are two types of associations, covenant-based and voluntary. When homeowners ask about requirements to join a homeowner’s association, they may believe it is optional, but if our association is covenant-based, you...

Real Estate

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Posted on 11/03/2019

You Can Buy a Home Without an Agent, But…

You may be thinking to yourself that rather than hiring an agent, you could use that commission money for something else. In most cases, buyers' real estate agents will ask for five to eight percent of the property's purchase price, which is certainly not cheap. After all, can’t you just post your ideal house on a Facebook forum...

Homebuyers

Buyers Agent

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Posted on 06/16/2019

How to Pack Fragile Items for Your Big Move

Something that can cause anxiety when packing fragile items for a move is the fear of them being shattered in transit. Fragile items can be so delicate that just a simple shake will end up getting them cracked, or entirely broken. Your Great-Aunt Mildred's Heirloom China is too cherished to be toyed with, while your wedding day champagne...

Moving Tips

Real Estate

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Posted on 05/12/2019

What Does “Abatement” Mean in Real Estate?

Each industry comes with a vocabulary of its own, and in real estate, some of that vocabulary is downright confusing. So, if you find yourself stumped by lingo, jargon, or acronyms, you’re not alone. One of the most confusing words in the real estate industry is “abatement.” In legal terms, to abate means to remove, lessen, or diminish...

Real Estate

Terminology

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Posted on 03/31/2019

Purchasing A Luxury Home

Purchasing a luxurious home is not merely about buying an expensive apartment, it's about acquiring the best house in the most serene and affluent neighborhoods. In addition to that, you are purchasing the architecture, landscaping, finesse, and fittings that come with the house. Thus, it must be done right to avoid future regrets. Here are helpful tips for...

Luxury Home

Real Estate

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Posted on 03/24/2019

4 Foolproof Ways of Expediting the Home-Buying Process

The home buying process is a rather long nightmare that most home buyers run from, especially first-time home buyers. Alas, it is a task required at some point in life. Owning a home sits at the top of the to-do list of virtually every adult in the United States. It is a part of the American Dream. As...

Buyers Agent

Real Estate

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