08 Feb 2019
By RESCO Realty

How To Cut A Great Deal On A New Home Construction

Real Estate, ,
Savvy home buyers often get great deals on new home constructions by asking for deals and discounts and doing some up-front research.  Home builders often dislike offering steep discounts in sales prices because they want everyone in the community to feel like they bought their property at a fair price. Maintaining sales prices also helps with future home appraisal values. It helps all of the buyers in a neighborhood to keep sales prices consistent and growing.  Fortunately, you can still get great discounts that can reduce the cost of your new home. Ask the builder if they can do the…
Read More
07 Feb 2019
By RESCO Realty

3 Ways Tax Reform Affects Your Real Estate Investments

Real Estate, ,
The Tax Cuts and Jobs Act of 2017 instituted some of the most dramatic changes to the financial landscape in the United States in over 30 years. These adjustments to the IRS code have an effect on everyone who earns and spends money in this country. What changes can real estate investors expect to see from the new legal standards? Higher Standard Deduction, Less Itemized Deductions Before the reforms, single tax filers were allowed a standard deduction of $6,350. Married couples filing jointly were given $12,700. The standard deduction is the amount of income you can earn before any income…
Read More
01 Feb 2019
By RESCO Realty

Auction 101: Bidding On Your First Property

Real Estate, ,
With the right combination of strategy, knowledge, and luck, flipping houses can create big profits for short-term investors. However, your path to success starts at your first auction. For first-timers who are intimidated by their lack of experience at public auctions, follow these steps to ease the confusion of your first property purchase. Locate Auctions In Your Area Finding live auctions is as simple as an internet search. Websites run by government agencies list homes that have been seized due to tax liens or foreclosures. Try searching databases maintained by: Fannie Mae The FDIC The US Department of Housing and…
Read More