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Buying a House

Selling A Home After Quit Claim Deed

By | January 14th, 2008|

When you receive a home via a quit claim deed you can sell that home as you would any other home. Note that you'll sell the home at the same cost basis that the original owner bought the home for. Learn how quit claim deeds work compared with warranty deeds.

What’s A Co-Op?

By | January 13th, 2008|

Another home buying option is purchasing a co-op. Buying a co-op is actually buying shares into a corporation that owns the building. Co-op boards control who can buy a home in their buildings.

Rotten Neighbor Disagrees About Fence

By | January 9th, 2008|

What can you do when your rotten neighbor has not controlled his children or pets? You might think you could separate yourself from your rotten neighbor by putting up a fence. Putting up a fence could trigger a property dispute. What can you do in a fence dispute with a rotten neighbor?

Buying A New Or Used Home

By | January 3rd, 2008|

When you're in the market to buy a home you should ask yourself if you want a new or existing home. If you want to buy a new home make sure to research the developer. If you're buying an existing home you may face renovation costs.

Finding a Home on the Internet

By | January 3rd, 2008|

More than 70 percent of Americans start their house hunt using the Internet. When you want to buy a home, the Internet can be good for researching neighborhoods and schools. The Internet lacks the personal touch of dealing with an agent, the feel of walking around a neighborhood and some of the information is outdated or inaccurate.

Buyer’s Deal On Short Sale Falls Through

By | January 3rd, 2008|

Just because there is a deal on the table for a home near foreclosure doesn't mean the lender is not required to accept a short sale. The lender can take its chances, foreclose on the home and sue the owner for any deficiency in funds that the lender gets from the foreclosure. This means a buyer making an offer on a short-sale home might see the deal fall through.

Buying A Home With A Broker Or Agent

By | January 2nd, 2008|

Once you have decided to buy a home, you may decide you want to work with a broker or an agent. Brokers and agents provide a variety of services to home buyers. These include education, legwork and guidance.

What To Expect From the IRS With A Property Lien

By | January 2nd, 2008|

A husband quit claimed property to his wife 17 years ago and she is now wondering if the IRS can put a lien on the home for his unpaid income taxes. The IRS can probably put a lien on the home but cannot go after it. The quit claim should protect the home from a lien from the IRS.

The Cycle Of Life And Home Buying

By | December 29th, 2007|

Buying a home is not just about bricks and mortar. Home buyers should think about where they are in the cycle of life: single, married, divorced, with kids, without. The shape of your family affects your needs as a home buyer.

Seller Pays Closing Costs

By | December 27th, 2007|

A homeowner who has put his home for sale says his real estate agent suggests that the homeowner pay closing costs. When you've got a home for sale there are many ways to differentiate the home for sale.

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