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No Way To Split Tax Liability On Jointly Inherited Home

By | February 3rd, 2008|

A wife asks about the taxes owed on a home under joint ownership. Her husband has joint ownership with his sister. The joint ownership details will determine tax liability.

Staging To Sell

By | February 2nd, 2008|

When you buy a home, it's the visuals that count. To sell your home faster you may want to stage your furniture and belongings to help give your home more personality. Generally, a less cluttered space is more appealing when you're selling a home.

Staging Bathrooms And Bedrooms

By | February 2nd, 2008|

Staging your home can help it sell faster. Two of the easiest rooms to stage are bedrooms and bathrooms. Buy matching towels, comforter sets, and lampshades for your bedrooms and bathrooms, and you'll be set to sell your home.

How To Stage A Kitchen

By | February 1st, 2008|

If you want to sell your home faster and for more money, staging can help. Kitchens present lots of staging opportunities for home sellers. Clean, organized, and pleasant-smelling kitchens are the most attractive to home buyers.

Common Design Mistakes

By | February 1st, 2008|

Ilyce discusses common home design mistakes with renowned designer and author Marianne Cusato. Learn what mistakes you should avoid when designing your home.

Neighborhood Construction Put On Hold

By | January 31st, 2008|

In a slow housing market or real estate recession, you need to be careful with new construction. If you are already seeing warning signs like the developer has put construction on hold, or only a fraction of the development has been completed, you might want to rethink your purchase. If the builder is having problems, there are no guarantees that the plans for the neighborhood will ever come true.

Landlord’s Tenant Moves Out Early, Refuses To Pay

By | January 30th, 2008|

A landlord asks what to do when his renter plans to skip out early. The landlord asks about putting a lien on the renter's new home. The landlord might be better off suing his renter in small claims court.

1031 Exchange and Real Estate Taxes

By | January 29th, 2008|

Siblings inherit apartment buildings and ask about a 1031 exchange. They want to do a 1031 exchange to keep the same property tax bill. To do a 1031 exchange, you have to replace property with the same value or more.

Lying To Mortgage Lender About Sales Price To Avoid Short Sale

By | January 28th, 2008|

A homeowner wants to avert a short sale and asks his friends to buy his home. He asks them to lie to the mortgage lender about the price. Lying to the mortgage lender will put his friends in a bad position.

Divorce Attorney Can Help with Home Sale

By | January 26th, 2008|

When a divorce involves citizens from two different countries, the U.S. courts may favor the American. Nevertheless, the other spouse should still hire a divorce attorney to ensure that his or her interests are addressed in divorce court. Even if the American spouse threatens to take ownership of their joint property, the other spouse is not without options. He or she can hire a divorce attorney to ensure that the divorce settlement is fair.

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