by portaladmin | Aug 11, 2020 | Buyer Resources, Resource Articles
How much does my real estate agent need to know? Real estate agents would say that the more you tell them, the better they can negotiate on your behalf. However, the degree of trust you have with an agent may depend upon their legal obligation. Agents working for...
by portaladmin | Aug 11, 2020 | Buyer Resources, Resource Articles
Where do I get information on IRS publications? The Internal Revenue Service publishes a number of real estate publications. They are listed by number: 521 “Moving Expenses” 523 “Selling Your Home” 527 “Residential Rental Property”...
by portaladmin | Aug 11, 2020 | Buyer Resources, Resource Articles
Are taxes on second homes deductible? Mortgage interest and property taxes are deductible on a second home if you itemize. Check with your accountant or tax adviser for specifics. Do all loans require impound accounts? If you are taking out an FHA or VA loan, the...
by portaladmin | Aug 11, 2020 | Buyer Resources, Resource Articles
Can you buy homes below market? While a typical buyer may look at five to 10 homes before making an offer, an investor who makes bargain buys usually goes through many more. Most experts agree it takes a lot of determination to find a real “bargain.” There...
by portaladmin | Aug 11, 2020 | Buyer Resources, Resource Articles
Do I need a home inspection? Yes. Buying a home “as is” is a risky proposition. Major repairs on homes can amount to thousands of dollars. Plumbing, electrical and roof problems represent significant and complex systems that are expensive to fix. How do I...