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HOA Insurance: What Coverage Do You Need to Insure Your Unit?

By | August 9th, 2019|

HOA insurance: What coverage do you need to insure your unit? This is what homeowners association insurance covers and why you need insurance for your unit. Q: Our homeowner’s association (HOA) is requiring that each owner buy insurance to insure that owner against damage caused by their unit to the common areas of the association [...]

Refinancing a HELOC Loan After a Divorce

By | August 9th, 2019|

Refinancing a HELOC loan after a divorce. This reader wants to know about refinancing a home equity line of credit to remove an ex-spouse's name. Q: I got divorced about four years ago. The deed to the house was, and is, in my name alone, and has been from the time we bought it.  During [...]

Real Estate Market 2019: Where Are Homes Selling Fast?

By | August 8th, 2019|

Real estate market 2019: Where are homes selling fast? Realtor.com looked at areas where homes had the most page views and the fewest days on the market. We’re in the middle of the 2019 real estate market and homes in these neighborhoods are selling much faster than the national median of 56 days on the [...]

Seller Didn’t Disclose Water Damage, Now What?

By | August 2nd, 2019|

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

By | August 2nd, 2019|

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

By | July 31st, 2019|

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?

By | July 26th, 2019|

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?

By | July 26th, 2019|

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?

By | July 23rd, 2019|

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?

By | July 19th, 2019|

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 [...]

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