This article was originally posted here. Jake Walker in Michigan asks: I am 25 and wonder how I’ll retire since I won’t have a pension like my parents. Last year, I bought a rental property and my return was much higher than what I saw on my 401(k) and Roth [ Read More ]
Ask any real estate professional about the benefits of investing in commercial property, and you’ll likely trigger a monologue on how such properties are a better deal than residential real estate. Commercial property owners love the additional cash flow, the beneficial economies of scale, the relatively open playing field, the abundant market for [ Read More ]
What is a supplemental tax bill? I’m glad you asked! In addition to annual taxes, you may be responsible for paying supplemental property taxes. State law requires the Assessor to reappraise property upon a change in ownership or new construction. The supplemental assessment reflects the difference between the new assessed [ Read More ]
The mortgage industry has gone through some changes in the last three months. If you’re looking to finance a home in 2017, it’s important that you know what the opportunities are and how to capitalize on them. Here are some things to keep in mind as you consider your financing. [ Read More ]
Of all the things you have to worry about when you’re buying a home, paint really shouldn’t be one of them. The problem is, if you’re looking at an older home, the topic can shift quickly from “Why did they choose that color?” to “Welcome to the danger zone”— all [ Read More ]
Hello and Happy Holidays! I wanted to share with you an article that gives you some reasons to buy a new home during the holiday season. Questions, comments? CONTACT ME! “Winds are blowing, temperatures are dropping, ice and snow are collecting on the roads. What better time to…buy a house! [ Read More ]
Hello! While doing some research I came across an interesting article about 1031 Exchange. I hope you find it as useful as I did. In short… “A like-kind exchange is permitted under Section 1031 of the U.S. Internal Revenue Code and allows an investor who holds property “for productive use [ Read More ]
Hello again! I wanted to share with you this article that asks an important question. How much is your home really worth? If you’re thinking of selling your home, you may be fantasizing about the profit you’ll reap from the sale or calculating exactly how much you’ll need to pay off your [ Read More ]
More information that was in a story we posted previously. This time, its about Home Seller Mistakes and how to avoid them… If you’ve lived happily in your home for years, it can be difficult to detach yourself from cherished memories and look at your house as a commodity you’re attempting to [ Read More ]
Last week the information I posted for you also had a link for walk through times for home buyers. Today, I’d like to showcase that for you here… One of the most exciting days during the home buying process is when you have your walk-through, usually scheduled on the day [ Read More ]