Have real estate questions? Here, you’ll find helpful articles and other resources that cover issues related to real estate, buying, selling, financing, refinancing, credit and debt, insurance, second homes, vacation homes, real estate investment, new construction, and renovation.
Real Estate Investment Includes Wholesale Selling
One type of real estate investment is wholesale selling. Wholesale selling is another expression for the practice of buying real estate and flipping it intentionally below its cost in order to move it quickly. Wholesale real estate transactions usually take place between real estate investors, not your regular home buyer and seller.
Refinance Or Sue To Get Name Off Mortgage
When you buy property with a partner and you're not married and you haven't signed a partnership agreement, it can be difficult to undo the transaction. To get your name off of a mortgage for a property that you no longer own or live in you need to have the other person refinance the mortgage or sell the home. If the other person refuses to refinance or sell, you may need to go to court to force a sale of the property.
Tax Implications Of Flipping Real Estate Before Construction
This reader is hoping to flip a property before it is constructed but is concerned about the tax implications. Ilyce explains if you make a profit by selling something that you own, even if it's real estate that gets flipped before construction is complete, you have a taxable gain. Just what kind of tax gain you would get flipping pre-construction real estate, hinges on the question of what it is that you bought and when you are considered to have made the purchase under tax law.
Time For Home Team To Help Home Buyers
Ex-Apprentice, Troy McClain, gets back to the business of helping people finance their homes. McClain spent the 12 years leading up to his shot on the show approving mortgage loans and refinances in Boise, Idaho. After the show, he went back home and tried to figure out how to translate the lessons he learned on the show into building his business.
Ilyce Glink on WSB Radio – February 19, 2006
Ilyce starts her radio show talking about very long-term mortgages. Ilyce then takes calls on real estate, personal finance and consumer issues topics -- from paying for home remodeling to using retirement money to pay off a mortgage.
Thursday Is Column Day
I'm often asked how I choose topics for columns. Honestly, sometimes I'll read something in a newspaper, magazine or online and it sparks an idea. Or...
Advantages Of Buying With Cash
Paying off your home early will have you sitting pretty to save for retirement. If you are in the position to live house-payment free (except for your property tax bill each year), that will give you a lot of extra cash to put away for your retirement. Continuing to invest in real estate can also give you big returns and add to your retirement pot.
Home: For (Whole) Sale
A prospective home buyer has spotted a home with a sign stating it is for (Whole) Sale. When it comes to selling a home, wholesale isn't usually an option. Listing the home as wholesale could be a marketing technique.
It’s All About Location, So Choose Carefully
When buying property, remember, location, location, location. Choosing the right location means you'll wind up with a property that increases in value faster than those in other areas. It can mean you'll sell faster and for more money. A great location will allow you to command higher rent for an investment property.
Leak Found After Closing On Condo
A buyer moves into a condo only to find a leak in the bathroom that didn't come up during the home inspection. It's possible the seller didn't know of the leak and therefore didn't disclose it to the buyer. The buyer should see how much the repair will cost before taking action against the seller.