After graduating from college or after moving to a new city, few people ever think about home ownership when they are single. Instead it is more common to spend the disposable income on eating out, drinks, and rent. Regardless of whether you may be a couple or single, home ownership Read more…
When you buy into a new construction, it is recommended to verify the reputations of the builders and developers. Some builders go above and beyond in terms of delivering a very high quality product and have completed many projects; their names are trusted among real estate professionals and home owners. Read more…
Model homes are often shown to potential buyers for condos and homes that have not yet been completed. Once completed, the condos and homes are generally delivered without the full furnishings and same appliances as the model homes. When viewing the models regardless of the listed prices, ask how much Read more…
Besides getting a buyer rebate when working with the right buyer agents, they are often the ones that know their local real estate market like the back of their hand. They have a way of knowing who’s interested in selling their homes and who are the motivated sellers because it Read more…
Real estate agents have full access to MLS information that is not available to the general public. Agents can see a home’s offers and offers that fell through, plus a complete listing history with different brokers even if the public MLS information only indicates that the home is newly listed. Read more…
When a house is a fixer upper, people start thinking complete tear down and rebuilding from the ground up to resell at a profit. Unless you are already a contractor or in the contracting business, it is not recommended to take on such a big undertaking as your first starter Read more…
Sellers in New York generally choose to pay the $500 closing credit to the buyer rather than completing the NYS Property Condition Disclosure Statement. Sellers feel that the disclosure statement may discourage potential buyers instead of fueling interest from potential buyers. As a buyer, the $500 credit helps to pay Read more…
Imagining where your home will be built by the developer does not have to be as difficult as it appears when choosing a square on a development map. Select the higher grounds away from the bottom of the hill to avoid flooding possibilities. Take the time to walk through the Read more…
Older homes are generally less expensive than newer homes. Since you paid less for an older home, when it is time to sell, their resale value will be less than newer homes as well. Older homes have higher quality original construction material such as brick and real wood floors that Read more…
Buying a home is large purchase. Many of the expenses incurred with purchasing a home may be deductible. It is best to let your tax accountant know that you purchased a house and that you want to see what is deductible for the current year.