05 Feb 2019
By Aadil Nathoo

Differences Between A Short Sale And A Foreclosure

Real Estate, ,
If you're looking to get a non-traditional deal on a new home purchase, you may encounter either a short sale or a foreclosure. These two terms refer to sales that are not usual. As a homebuyer, it's important to understand the differences between them and how each one might affect your buying experience. What's A Short Sale? A short sale is a situation where the owner has a strong motivation to hurry up and sell their home. In so doing, they're willing to sell for less than what they owe on the house. Homeowners have a variety of reasons why…
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01 Feb 2019
By Aadil Nathoo

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…
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31 Jan 2019
By Aadil Nathoo

Case-Shiller: Home Prices Lower in November

Real Estate, ,
Home price growth continued to struggle in November, with Case-Shiller's 20-City Home Price Index moving from October's reading of 5.30 percent annual growth to 5.20 percent growth in November. This was the lowest reading since January 2015. Las Vegas, Nevada remained first in home price growth rate with a year-over-year home prices growth of 12 percent. Phoenix, Arizona's year-over-year home price growth rate was 8.10 percent and Seattle, Washington held third place with a year-over-year home price growth rate of 6.30 percent. Las Vegas' large year-over-year growth in home prices was attributed to the city's ongoing recovery from the recession…
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29 Jan 2019
By Aadil Nathoo

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…
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25 Jan 2019
By Aadil Nathoo

5 Home Renovations That Really Raise Values

Real Estate, ,
There are many home renovation projects that can increase the comfort and visual appeal of a dwelling. Owners who plan to sell their home in the future, however, prefer to focus on projects that will return a healthy profit at closing. Here are 5 renovation projects that positively impact a home's resale value. Conversions It's easy for real estate agents to convince buyers to bid higher on properties with more bedrooms. Redesign the attic to easily add an extra bedroom without committing to a major construction project. This strategy works well for smaller homes or those in neighborhoods with multiple…
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