Real estate sales are down- does that mean the economy is next? Will the decline in real estate sales and home values push us into a recession? Ilyce evaluates the state of the economy in light of the down real estate market.
When you agree to pay property taxes you likely want property ownership as well. But be careful assuming financial responsibility when only one of multiple owners of a property asks you to. If one property owner quit claims his share of a property to you, you may find that you've invested a lot of money into a property only to have the other owner or other owner's heirs come to you later wanting their share. It's helpful to contact an attorney in this situation.
Most home buyers will have at least two opportunities to inspect their property before closing on the purchase. A home inspector is essential to buying a new house. If a home inspector finds anything wrong with the property, or decided further inspection are needed, the home buyer will be able to figure out if there are insurmountable physical problems with the home.
Top-selling real estate agent Gloria Matlin talks about how she works with buyers and sellers and why she loves to sell real estate.
Property taxes can be calculated for the current year or in arrears. Inherited property usually owes property taxes based on the date the new owner receives the deed to the property.
