Real Estate Transfer Taxes Explained
Real estate transfer taxes are a one-time fee—a deed transfer tax—in reality. They are based on the purchase price of the property when it changes ownership. Charged by some states,…
Should You Buy a Foreclosure?
Rising foreclosures (default notices, scheduled auctions, and bank repossessions) spell some opportunity, but today’s REOs (real estate owned, but literally: lender-owned) aren’t the bargains they were during the Great Recession.…
Safety tips for Shoveling Snow and Ice
Removing ice and snow from walkways and driveways is heavy labor and can be dangerous to your health. According to the Mayo Clinic, you should consult your physician to make…
What Does Lot Value Mean to the Seller?
If the home you inherited or live in requires too much work and expense to bring to market, you may consider selling the property at lot value. That simply means…
Don’t Be Afraid to Buy That Spooky Home
Old homes in need of lots of repairs can often be spooky—but that doesn’t mean they’re haunted. A spooky home may only need work, not an exorcism. If you’re open…
Are Short-term Rentals Still Profitable?
Short-term rentals average 8% to 12% ROI, but it’s getting harder to make a profit. According to a joint report by Airbnb, VRBO, STR, and Datarade, occupancy rates have declined…