What are the tax benefits of owning a home? Plenty of homeowners are asking themselves this right around now as they prepare to file their taxes. You may recall the new Tax Cuts and Jobs Act—the most substantial overhaul to the U.S. tax code in more than 30 years—went into effect on Jan. 1, 2018. And as a result, last year likely brought big changes to your taxes, especially the tax perks of homeownership.

Read More

'My Landlord Is Selling the House I Rent—What Are My Rights?'

Saturday, November 2nd, 2019
Cathie Ericson

Since landlords own the property you're living in, they do have the right to sell it whenever they want. Still, that doesn't mean that they can just kick their renters or tenants to the street immediately or mess with your security deposit.

Tenants have rights, too! If a buyer comes along and your building suddenly has a new owner, this new landlord might make some changes that affect the spot you rent.

Read More

A real estate listing can tell you an awful lot about a home, beyond just the price—essential stats like the year the property was built and the price per square foot. But one of the most important numbers to be aware of is the days on market, or DOM, the amount of time the home has been listed for sale on the multiple listing service. The DOM gives you an idea of how other buyers are reacting to the property and whether it's priced high or low.

Read More

Do You Get Your Earnest Money Back at Closing?

Monday, June 24th, 2019
Jeanne Sager

Do you get your earnest money back at closing? If you're buying a house and planning to finance the purchase with the help of a mortgage, the question is bound to come up. The short answer is: You don't usually get your earnest money back at closing.

But hold on! Sometimes earnest money is returned at closing. What? Read on to find out what happens to your earnest money at closing.

Read More

If you’re like most homeowners, your house is a host of tiny irritations you keep meaning to fix but never do. Maybe it’s a light fixture you constantly bang your head on, or wallpaper you’ve always despised. And then one day you decide it’s time to sell the house. And what do you do? You replace the light fixture. You strip the wallpaper. And then you stand back and think, “Why didn’t I do that sooner?”

Read More

Subscribe

Search

Follow