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.
Refinancing Condomimium Soon After Purchase
A new condominium owner wonders if it is too soon to refinance. Ilyce states that it is never too soon to refinance, after purchase. The important thing is to figure out how much the refinance is going to cost you out of pocket and how long it will take you to recoup those expenses.
Gift Taxes Associated With Real Estate Inheritance
What are the gift taxes associated with real estate inheritance? The person who is giving the land should think about the gift taxes that may be incurred if the real estate is given as an inheritance. Ilyce suggests a conversation about the current owner's wishes and a meeting with an estate attorney before accepting a real estate inheritance and the gift taxes associated with it.
Tips For Selling Your Home
When you're selling your home, you need to do all you can to make the home more appealing. What can you do to make selling your home go smoother? Try making the home look great with landscaping, home improvement and home repair projects. When selling your home you want to find the right real estate agent by interviewing several. Selling your home also involves pricing your home correctly.
Secrets Of A Millionaire Real Estate Investor
If you want to invest in real estate, don't be misled by "one size fits all" infomercials that promise instant riches. Learn from an expert. Investor ...
Some Tips On Buying Investment Property
Thinking about buying investment property? Here are some tips on buying investment property from experienced real estate property investors. With quickly depreciating home prices, thinking about investment property could be a good move. But there's more to buying investment property than simply picking up a shopping center here and a 40-unit apartment complex there. And, there's no single strategy for real estate investment success, investors say.
Should You Avoid PMI?
By insuring the top 20 percent of the loan, private mortgage insurance allowed lenders to take a chance on home buyers who had as little as 3 percent to put down in cash on a home. However, private mortgage insurers started to get a bad name, in the past ten years, by charging more and more for their products. Moreover, consumers who built up the equity in their homes found it extremely difficult to get private mortgage insurance eliminated from their loans. Home owners found a way to avoid PMI payments by obtaining piggyback loans.
Do Your Homework On Your Real Estate Agent, Mortgage Lender, And Personal Finance Advisor
Everyone tells you it's a good idea to check out the real estate agent, mortgage lender and personal finance advisor you want to work with. But how far should you go? Doing your homework on the people who will help you handle the biggest financial transaction of your life can save you headaches later.