6 Home Repairs That You Shouldn’t Put Off
April 3, 2017Issues with homes are bound to pop up no matter how well you care for your home. Some issues are minor, while others can actually make the home be dangerous to be in. It’s not uncommon to procrastinate on certain repairs, but others definitely need to be dealt with sooner rather than later, including the following.
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FHA-Backed HECM Reverse Mortgages 101
March 31, 2017Imagine being mortgage-free or having access to tax-free money that can be used to cover any one of life’s major expenses? For eligible American homeowners aged 62 years or older, this can be a reality thanks to Home Equity Conversion Mortgages (HECM’s). Backed by the Federal Housing Administration (FHA), these reverse mortgage programs enable seniors to take out some of the equity in their homes and even choose how they withdraw the money.
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Types of Inspections a Property May Need Besides the Typical Home Inspection
March 27, 2017A home inspection is one of the most common contingencies to be included in a real estate contract. Even if a home is only a couple of years old, anything can happen, which is why it’s important to take the opportunity to have the home inspected before your purchase agreement goes firm.
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INFOGRAPHIC: C.A.R.’s January Sales Report
March 23, 2017The real estate market in California started off strong this year with higher sales from December. Sales increases in January were likely the result of an increase in interest rates since the Presidential election, prompting buyers to get into the market before rates climb even higher.
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How Do Capital Gains Taxes Work When Selling Real Estate?
March 20, 2017Depending on the circumstances surrounding the sale of your property, you could wind up having to pay capital gains taxes to Uncle Sam come tax time.
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7 Things to Consider Before Buying an Airbnb Investment
March 16, 2017There are a number of ways to build wealth and earn a sizeable income by investing in real estate. Investors have long been profiting from real estate investments, whether it’s from fixing and flipping, buying and holding, renting, and so forth.
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How Does a Comparative Market Analysis Help You Sell Your Home?
March 13, 2017After you’ve decided to sell your home, how much will you be listing it for? The asking price can’t be just some arbitrary number that you come up with in an effort to rake in top dollar for your home. Instead, determining the perfect listing price requires careful consideration and a sound strategy.
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How to Find a Home Despite Low Inventory
March 9, 2017California has been in the middle of a housing shortage for years now, and there doesn’t seem to be a light at the end of the tunnel as far as beefing up inventory anytime soon to adequately meet demand. When sellers have the upper hand in a situation like this, buyers can be left feeling frustrated and empty-handed.
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How to Figure Out How Much of Your Income Should Be Spent on a Mortgage
March 6, 2017Before you start pounding the pavement in search of your next home and book showings, you might want to find out exactly how much you can afford first. There’s no sense in looking in the $600,000 range, for instance, if you can only realistically afford a home worth $300,000.
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Pros and Cons of Owner Financing
March 2, 2017A home purchase is a very expensive one and typically requires some type of financing. The more common way to finance such a large purchase is to obtain a mortgage from a lender or bank, but there are other more creative ways to get your hands on the money you need to pay for your new home.
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