The Best Signs It May Be Time to Move Is it time to move? Are there any signs of moving on from your current home? Recent surveys indicate that homeowners move to new homes around once every decade. For some people, that may sound like quite a long time. For others, it may seem surprisingly […]
What to Know About The Lead Paint Law When Buying or Selling a House
Buyers, Sellers, and Real Estate Agents Need to Know The Lead Law Was the home you are going to be selling built before 1978? If so, chances are there is at least some lead paint present in the house. The older the home, the more lead you can expect to find. Buying and selling a […]
Tax Deductions When Selling a House: What to Know
What Expenses Are Deductible When Selling a House Do you know what expenses can be deducted from capital gains tax? One of the questions I am asked now and then by homeowners is, “what are the home-selling tax deductions I can take.” Selling your home is a big step, perhaps the most significant financial decision […]
Home Downsizing: Avoid These Common Mistakes
Downsizing The Home and Avoiding Mistakes Do you want to downsize from your current house? Downsizing homes is a significant life decision. If you have owned a home for a while, you have probably heard of downsizing—of selling your current home for something smaller, more reasonable, and more financially friendly. As you retire, the idea […]
What to Consider When Accepting an Offer on a House
How to Pick The Best Offer When Selling a Home How do sellers choose an offer? Most people automatically assume you go with the highest bid. It is an exciting time, and it can be tempting to jump on the first or even the highest offer immediately. But it is best to slow down and […]
Closing on House Checklist For Buyers and Sellers
Closing Day Checklist For Buyers and Sellers Do you like having a checklist for essential tasks? Whether you are buying or selling a home, having a closing checklist can be helpful. Over the years, many buyers and sellers have asked me, “what do I need to do before closing on my home?” The time frame […]
Should I Have a Staged House or Leave it Empty
Staged Houses vs. Leaving Them Vacant Are staged houses better than leaving them empty when selling? Over my thirty-seven years in the real estate industry, many sellers have asked me this question. There are so many decisions that need to be made when selling your home. You must decide when to sell it, who to […]
Paying Capital Gains Taxes on a 2nd Home or Investment Property
Everything to Know About Paying Capital Gains Tax on a Second Home Sale Do you pay capital gains tax on a second home? Are you wondering how paying capital gains on a second home sale works? When you sell a vacation home, rental unit fix-and-flip investment property, or any other second property that is not […]
Tax Advantages of Owning a Home
Benefits of Owning a Home For Taxes Do you know the tax benefits of owning a home? Over my three decades of selling real estate, many renters have asked me this question. It has long been understood that there are considerable financial benefits to owning a home. After all, you are paying money into an […]
When to Make a Real Estate Price Reduction
Real Estate Price Reductions – What You Need to Know Do you need to get your home’s price reduced? Every seller wants to get the highest price for their home. Unfortunately, sometimes the best possible price is not meeting your expectations. If your home stays on the market for an extended period and you want […]