Obviously, one of the main reasons that FSBO homes have become so popular is because of the potential savings to both home buyers and sellers. FSBO allows you to “cut out the middleman” by not using a Realtor, saving a great deal of money that would normally be paid to the Realtor in commission.
The advantage […]

Prepping and staging a house. Every seller wants her home to sell fast and bring top dollar. Does that sound good to you? Well, it’s not luck that makes that happen. It’s careful planning and knowing how to professionally spruce up your home that will send home buyers scurrying for their checkbooks. Here is how […]

In August 2005, Boston was ranked the #1 most vulnerable housing market for potential price declines by Kiplinger’s Personal Finance and the PMI Group. In later reports, The PMI Group increased their probability of declines in Boston even further, even as other metro areas took the top spot. [Kiplinger’s] [Yahoo! Finance]
The population of the Greater […]

As we enter into the slowest time of the year for real estate sales it is important to keep a closer eye on the market. This is why providing this vital report that gives consumers an in-depth look at the real estate market. There are several different ways this information can be utilized. For buyers, […]

The tips
1. Declutter. This is staging’s golden rule. Clutter isn’t just your average mess. Clutter is the so-called “visual dandruff” — newspapers, mail, laundry, knickknacks — that accumulates in a house that’s well-lived-in. “The way that we kind of word it is that clutter eats up equity,” says Wendy Van Cott Speight, owner of […]

 Renting Out

Pros
Cons

· Keep property as it appreciates

· Possible damages to property

· Tax-breaks could offset income tax on rent

· Could be taxed on the whole profit if you sell

· Rent income covers mortgage, taxes and insurance payments

· Potential legal or financial problems with tenants

 Selling

Pros
Cons

· Likely tax-free capital gain

· Could be priced out of market if you […]

Renting your home for part of the year, or for a longer period of time, generates great income. Because you are renting your home, as opposed to a property specifically designed for renting, you will want to be more careful with the terms you set in the lease.

Consider hiring an agent. A rental agent will […]

Check your homeowner’s insurance policy. Most don’t cover damages done by a renter, so you’ll have to purchase an additional policy to cover not only your home and any contents you leave, but also liability issues in the event the renter is injured on the property.
Make sure your local zoning regulations and homeowners association permit […]

Attract potential buyers to your front door by renting out your home while you’re trying to sell it.

Instructions
Difficulty: Moderate
Things You’ll Need

Newspaper Ads
Real Estate Agents
Real Estate Attorneys
Rental Agreements
Rental Applications

Steps

[…]

It has been hard to miss the run up in real estate profits that have taken place over the last several years. Many circumstances, including record low interest rates, a robust economy, new mortgage products and […]