The Basic Facts About Short Sales

As a potential home buyer, you are probably familiar with what a typical sale looks like. You probably also have a basic understanding of what a foreclosure is and how it works. Another type of sale that may be less understood is called a short sale. These sales are not as popular in the market, but you may come across a few. You may even fall in love with a home that is listed as a short sale. What does this mean for you as the buyer? These are the basic facts that you need to know about these homes…
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Thinking About Buying A Fixer-Upper? Know These Top Resources To Make The Most Profit

If your financial situation is limited, yet you're handy with a hammer and nails, then purchasing a fixer-upper home can be an attractive option. Fixer-uppers typically require a bevy of updates and repairs to bring the home up to current market conditions. Because of this, the listing price is often considerably less than a move-in ready home.  Your trusted real estate professional can help you find the best projects to buy and sell. Getting Started Fixer-uppers aren't for everyone, but there are plenty of resources available if you plan to do most of the repair and upgrades yourself. Let's take…
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Best Tax Deductible Home Improvements for Homeowners

Before delving into tax-deductible home improvements, it's important to understand that these tax deductions won't be applied immediately. In most cases, homeowners can only benefit, tax-wise, from their home renovations later, when they sell their home. It's important for homeowners to keep receipts for their improvements, though so they have proof of the improvements they made, even if it's years later when they sell their residence. Typical Renovations/ Home Improvements That Can Yield Eventual Tax Benefits A home improvement is any project that substantially adds value to a home. It can include adapting it to be more useful or be…
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