5 First-Time Home Buyer Tips 2018

Posted on February 2, 2018

Advice

Buying your first home is never easy, but it’s especially tough in 2018. The inventory of homes for sale has been steadily dropping for the last two years straight, the longest streak in more than two decades. Prices continue to rise, and competition over lower-priced homes is fiercer than ever. To get the best shot […]

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Top 11 Most Expensive Home Repairs That Can Break the Bank

Posted on January 12, 2018

Advice

What are the most expensive home repairs? Home Repair Cost  HVAC Repairs  $100 – $1,100  Water Heater Repairs  $100 – $1,400  Electrical Repairs  $125 – $3,000  Driveway Repairs  $300 – $4,500  Asbestos Removal  $500 – $4,500  Roof Repairs  $150 – $5,000  Septic Tank Repairs  $200 – $5,000  Deck Repairs  $250 – $5,000  Mold Removal  $400 […]

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What is an Abandoned House & What To Do About the One Next Door

Posted on January 6, 2018

Advice abandoned home

What is an abandoned house? An abandoned house is a vacant property due to foreclosure, bankruptcy, and financial or legal reasons. Since most homes are abandoned due to financial reasons, they are typically run down and need renovating. This makes abandoned homes attractive properties for investors, flippers and wholesalers because they sell lower than market […]

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7 Ways to Prevent Foreclosure

Posted on November 9, 2017

AdviceForeclosure foreclosuremortgage loan modification

If you need help paying your mortgage and bills, you aren’t alone. Nationwide, 3.68% of mortgages (one in every 27) are in default, according to the federal reserve. If you’ve found yourself in an ugly situation and are facing foreclosure, you have several options to save your home. The first thing you should do is […]

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Do You Need to Pay Capital Gains Tax on Inherited Property?

Posted on November 9, 2017

Inherited House capital gains taxinherited property

Capital gains taxes can apply to anyone who sells a property or other large asset. According to the IRS, a capital gain occurs whenever you sell an asset for more than its value. Following are facts that the IRS wants you to know about paying capital gains on inherited property, including how to avoid any […]

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What to Do After a Wildfire Burns Your House: 24 Point Checklist

Posted on October 26, 2017

AdviceDisasterFire Home damagehome owners insurance

Photo Credit After the wildfires in California and other states, many homeowners are now left to pick up the pieces, move on from an ugly situation, and rebuild their lives. Do you know what to do when your house burns down? The damage from a wildfire or even a small house fire can be overwhelming. […]

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4 Areas To Check After Wind Storms

Posted on September 25, 2017

AdviceDisasterWind

Tornadoes make the headlines, but even “gale force” winds that range from 39-54 mph are often strong enough to leave you with an ugly situation on your hands. After any severe winds, inspect your home for damage — and pay close attention to the four areas most likely to be impacted. 1. Check The Doors […]

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How to Minimize an Ugly Situation When a Hurricane Hits

Posted on September 25, 2017

AdviceHome DamageHurricane

When hurricanes strike, the lives and property of thousands are put at risk.  How well you fare depends not only upon the strength of the storm, but also on how well you prepare.  According to the Department of Homeland Security, there are several steps you can take before, during and after a hurricane. Before A […]

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4 Tax Questions to Ask When Inheriting a House

Posted on September 25, 2017

Inherited House inheritance taxinherited house

Photo credit When you inherit a house, the tax implications can seem confusing. Most people don’t know what to do next. But before you try to sell a house you’ve inherited, make sure you have the answers to your most important tax questions. 1. Does the Home Sale Tax Exclusion Apply to Inherited Property? Ordinarily, when […]

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5 Myths People Believe About Downsizing for Retirement

Posted on September 11, 2017

Retirement downsizingretirement

Photo credit More than half of all retirees decide to move to a smaller home to free up time and make retirement more financially secure. But others are worried about the hassles and sacrifices of moving. If you’re trying to decide whether to move or stay in your current home, make sure you don’t fall […]

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