The Most Common and Costly Mistakes Made by New Homeowners

A new home is one of the biggest purchases homeowners will make in their lifetimes. Regrettably, sometimes costly mistakes are made by various parties of the transaction – builders, remodeling contractors, or even the new homeowners, themselves. Knowing a few of the common mistakes homeowners make can prevent future snafus from happening and save you …

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Five turnoffs to avoid when selling your home

5 biggest turnoffs when touring a home A real estate agent’s job entails more than helping clients with the nitty-gritty details of buying or selling a home. Good agents also tour as many homes as possible because knowing the local inventory gives them an edge over the competition

Like-Kind Exchange Real Estate Tax Tips

Generally, if you exchange investment property solely for investment property of a like kind, gain may be deferred into the future under Internal Revenue Code Section 1031. If as part of the exchange, you also receive other (not like-kind) property or money, gain is recognized to the extent of the other property and money received. …

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Forgo final property inspection at your own risk

Sellers don’t always play by rules when moving out Purchase contracts often include a provision for the buyers to walk through the property with their real estate agent about five days or so before closing. This is not a contingency of the contract. It provides the buyers an opportunity to confirm that the property is …

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