Paying taxes is never fun, but you may be able to find ways to keep a little extra money in your pocket when filing. If you’ve recently sold your property, there are several different tax deductions you’ll want to be aware of, including the following.
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The idea of having a ton of space outdoors is really nice, as is the tranquility and greenery that typically comes with acreage. But as pleasant as living on a large piece of land may be, there are certain factors that could make this type of living arrangement a bit of a hassle.
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With the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate that were agreed upon with their lender. But in some circumstances, a mortgage may be transferred from the sellers to the new owners.
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What do today’s home sellers look like? According to statistics gathered by the National Association of Realtors (NAR), they’re living in their homes longer before selling and are more likely to use a real estate agent to sell. Here are some interesting facts about home sellers of today.
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Buying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial for many reasons, but the details of this professional relationship should ideally be outlined in a contract, known as a Buyer’s Representation Agreement.
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If you are already a homeowner and are looking to buy a new home, you have the distinct benefit of being able to use the proceeds of the sale of your property to be used to make a new home purchase.
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A gated community is basically a neighborhood of homes that can only be accessed by residents and their invited guests. Before you decide whether or not a gated community is right for you, consider the following pros and cons first.
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Here are some stats surrounding existing home sales in February, as compiled by the National Association of Realtors (NAR).
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Getting approved for a mortgage can be pretty challenging these days. Lenders are rather stringent with their lending requirements and aren’t in the business of loaning out money to just anyone. Nowadays, you’ve got to meet strict criteria in order to get approved for a conventional mortgage, and that includes having good credit.
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