Sellers of real property will have certain information regarding the sale reported to the Internal Revenue Service. This required reporting is a consequence of the Tax Reform Act of 1986; it is intended to encourage taxpayer compliance and aid in audit a...
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It is an unfortunate commentary, but when economic activity declines and housing activity decreases, more real property enters the foreclosure process. High interest rates and creative financing arrangements are also contributing factors. When prices are...
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How Should I Take Ownership of the Property I am Buying? Real property can be incredibly valuable and the question of how parties can take ownership of their property is important. The form of ownership taken -- the vesting of title -- will determine who...
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An increase in foreclosure rates will inevitably bring with it an increase in short sales. But what is a short sale? A short sale happens when you sell your house for less than your remaining mortgage balance, the proceeds of which go to the lender and i...
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In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want. T...
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With the housing bubble burst and the subprime mortgage crisis, millions of homeowners found themselves unable to make their mortgage payments. Many found themselves owing more on the house than the home was worth. Many just walked away from their homes. ...
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It used to be that buyers could go house shopping and when they have found their dream home, then they go to get pre-approved. However, in today's market, that has proven to be one of the least effective methods in landing the dream home. Most lenders ca...
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As a buyer, you are entitled to know exactly what you are getting. Don't take anything for granted, not even what you see or what the seller or listing agent tell you. A professional home inspection is something you MUST do, whether you are buying an exis...
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How Much is your home worth in Hot Springs, Arkansas? If you are planning on selling your home, that is a question you need answered. As your Local Hot Springs Real Estate Expert, I can help you to learn the answer to that question. I will personally d...
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Have you ever considered moving to beautiful Hot Springs, Arkansas? Hot Springs is a desirable community & great location. Hot Springs, Arkansas boasts a variety of local landmarks, excellent schools, parks and much much more. Take a look at some of th...
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