26th March 2007
During the past decade, many people have jumped into residential real estate investing. This was never so true as during the recent real estate boom. People read all the “get rich quick” schemes that litter the book shelves of libraries and book store...
26th March 2007
According to the February 19, 2007, issue of BusinessWeek, the homes for sale market has not crashed and is forecasting normal inventory levels for homes for sale by midyear.
We have gone through quite a lot of up and down forecasts over the past few ...
26th March 2007
In real estate display ads, you will see many realtors with initials listed behind their names. These are realtor designations, representing the certifications held by the realtors. Here are just a few realtor designations:
• ABR — The abbreviation...
26th March 2007
When considering to purchase homes for sale, we generally think first of single-family homes. There are many advantages, however, to condominiums that single-family homes for sale cannot give you.
According to the National Association of Realtors, cond...
26th March 2007
Would you sign your name to a multi-million-dollar contract for the company for which you work without an attorney first looking it over? Probably not, because it is your fiduciary responsibility to ensure there is no adverse language in the contract. Yet...
01st February 2007
At the beginning of 2006, the so named real estate “bubble” across the nation was leaking air. We read opposing views by economists, whose opinions graced the pages of national media and were dependent upon which economic theory they followed. It was ...
01st February 2007
We all have heard of both good and bad opinions about homeowner associations (HOAs) from the people who have to deal with them as a resident right down to newspaper articles.
One case in Jupiter, Florida, between resident George Andres and his develo...
01st February 2007
We are inundated with the opinions of the so-called expert economists on the state of the real estate market; yet, they are forecasting from national or regional statistics. They are not “in the field” as are the San Diego realtors.
I recently had...
01st February 2007
In May of 1997, the tax code governing profit from the sale of a personal residence was changed. In the past, any gain from a home for sale could be taxed, unless rolled over into the purchase of a new home.
The new Internal Revenue Service rules are m...
01st February 2007
Homeowners’ insurance is a must for any owner of residential real estate. It has been around for many years, coming to the rescue of many real estate homeowners. Leaky pipes and their subsequent damage have been causing homeowners grief for an even long...
30th November 2006
According to the National Association of Realtors, the flourishing condominium market is no longer an advantage for sellers. It has become a buyer’s market across the United States amidst declining sales and median prices. By year end June 2006, realtor...
30th November 2006
In most state’s, you purchase title insurance to ensure you are not also buying the responsibility for earlier liens against the property. In a finite few states, you pay to have an abstract search to do the same. The one thing most buyers of homes for...
30th November 2006
It is always beneficial during tax season to own real estate, which gives you many annual deductions. If you purchased residential real estate during this year, however, you can look forward to even more generous savings at tax time.
Mortgage Interest...
06th November 2006
Many people are looking for ways to increase their retirement income. For most of these individuals, their homes are the greatest asset. A large section of the aging population has failed to plan effectively in order to have sufficient savings at retireme...
06th November 2006
Restrictive covenants (also called deed covenants) have been affecting buyers of real estate for as long as property has been transferring ownership. Such covenants are a condition of sale for real property, placed on the buyer by the seller or passed on ...
