Seller didn’t disclose water damage, now what? These homeowners moved in and found themselves with flooded basements from cracks, leaks and clogged drains. From time to time, we get a series of questions on the same topic. This week, everyone seems to have water on the brain. Literally. We’re running some of the questions and [...]
Using a quitclaim deed to put property in living trust. This homeowner has questions about signing a quitclaim deed to put property into her husband's living trust. Q: My husband used his inheritance to purchase our home outright. I signed a quitclaim deed to him to put the property into his living trust. The condition [...]
Top 10 most expensive cities to live in 2019. Setup costs and living expenses rank the most in-demand cities around the world from most to least costly. What are the top 10 most expensive cities to live in 2019? Research by Movinga ranks each of the most in-demand cities from around the world from most [...]
Is a rental property a good investment? This is what you need to know about buying, managing and maintaining a rental property. Q: I just finished reading your book, 100 Questions Every First-Time Home Buyer Should Ask, cover to cover. I found the information fantastic and will be consulting the book often. Having had the [...]
What is an exclusive buyer agency agreement? This homebuyer was asked to sign an agency agreement and wants to know the pros and cons of agency exclusivity. Q: We are looking for homes to buy and one of the real estate agents we interviewed wants us to sign an agency agreement form that will commit [...]
Is the housing market going to crash in 2019? Bloomberg economists recently determined which housing market is most at risk of a housing bubble. Anyone who’s had an eye on real estate has been asking themselves this question: Is the housing market going to crash in 2019? The short answer: not likely. According to a [...]
What does a listing agent do? This reader wants to know how listing agents generate interest in a property and if it benefits the home buyer or home seller. Q: In the Washington, D.C. real estate market, it’s common for real estate agents to price a listing low in order to generate the maximum number [...]
Should you put your rental property in an LLC? These parents want to transfer a rental property to their son's LLC and want to know about tax implications. Q: We are subscribers to your YouTube channel, Expert Real Estate Tips. Thanks so much for sharing such good advice. I’d appreciate if you could advise us [...]
Retirement planning: best states to retire in 2019. Bankrate ranked U.S. states by factors like weather and affordability to find the best state to retire. Whether you dream of retiring at a beachside oasis, on a hilltop with a mountain view, or near your kids in a home with a big yard for grandkids to [...]
How to transfer ownership of a house with unpaid taxes. This reader's wife wants to transfer her joint tenancy ownership in a property with back taxes due. Q: My father-in-law transferred ownership in his house in Michigan to his four daughters as joint tenants before his death a couple of years ago. Now, my wife, [...]
