The inspection contingency in your sales contract is an inescapable reality with a traditional real estate transaction. Many College Park home sellers fear the unknown of what lies behind their walls or under the floor. The best practice for home sellers is to have a pre-inspection before getting an offer. However, we will now explore … Continued
Buying a home is one of the most significant investments of your lifetime. In addition to cashing in on your equity, did you know there were deductions available for the expenses you encounter when you’re selling your house? You can keep even more of your profits by utilizing these tax benefits to your advantage. You … Continued
With so many options available to sell your home, it can be confusing to know which sales method best suits your home and your unique circumstances. Wouldn’t it be nice to get a fair price for your home by selling your house to a direct buyer without going through all of the hassles of listing? … Continued
Are you an estate representative who needs to liquidate an estate and wonder how to have an estate sale? While typically held after a loved one has passed, estate sales may be helpful when going through a divorce or other personal transition which requires the disposal of a household full of items. Going through all … Continued
Investing with a partner to buy real estate can be beneficial to both. You must take steps to ensure that the relationship will endure, however, so you need to develop a plan for the partnership from the initial investment through the exit strategy. Additionally, it has to be the right fit for you. While you … Continued
Finally, it’s time to put up the sale sign, get offers and sell the home. If only it were that easy. While it may not sound complicated at first thought, the process of selling a home has several aspects that sellers must consider to bring top dollar promptly. As difficult as it may be to … Continued
Buyers or sellers often team up in their real estate investment endeavors with a partner with which they can build an investment portfolio, with the dream of full enjoyment of their golden years in the style to which they have become accustomed. Naturally, you have selected a partner on the same page as you regarding … Continued
Foreclosure occurs when, for whatever reason, agreed to payments for a mortgage loan and not being made in a timely and consistent manner. The reasons this can vary as widely as there are homeowners, from the sudden loss of life from a contributing family member, unexpected loss of income, or a myriad of other possibilities. … Continued
Have you inherited property in DC? Sadly, without proper forethought, you may suddenly face life without your parents, who have left their property to all of their children without a plan in place, which can be quite a chaotic experience. Dealing with a sudden whirlwind of paperwork and details during such an emotionally difficult time … Continued
Why isn’t my house selling? Waiting for a buyer can be stressful when you’re selling your home. Emotionally, the constant readying for showings and let down as no offers follow can be draining. Financially, depending on the circumstances you’re facing, the bills keep rolling in as time passes. If you’ve had to relocate, you’re now … Continued
Preparing for when a loved one passes will allow you to endure the loss without adding the stress and pressures of dealing with all of the details of an estate. If you’re wealthy, then the alarming tax rate on gits has likely been of concern. Taking action by preplanning for the distribution of an estate … Continued
Dealing with the loss of a beloved family member or very close friend is a stressful time that can become even more complicated by suddenly finding yourself immersed in dealing with an inheritance. It may be challenging to focus, so we have outlined five things to do immediately after inheriting a house in Glen Burnie … Continued
How much you need to save to buy your first investment property in Maryland depends upon many variables. It is best when you set a goal to write out concisely on paper the steps you will take to achieve the goal. Even for experienced investors, real estate investors should perform a yearly goal check to … Continued
The consequences of foreclosure have long-reaching effects that carry over into your personal and financial life for many years. Should you qualify for any type of credit moving forward, with a foreclosure on your report, you will pay the hefty interest due to the risk you now pose as a borrower. As life becomes more … Continued
Did you know that you must pay taxes on the profit from the sale of your home or investment property? Considering the highly high toll taxes can take from profits, this is one surprise it is better to avoid when you have made such a considerable investment of time and money. When the value of … Continued
