Jan Leopold

Posts tagged ‘sell’

The first step in the home buying process is to find out what you can afford to pay for a house, condo or co-op. This will depend on the amount of cash you have available for a down payment, your credit, income, assets and overall financial situation.
Mortgage qualification is easier for buyers who work as […]

Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers.
Then, everyone who sat on their down payment savings accounts for a few years too long will […]

The Summit County commissioners have placed Referendum 1A on the November ballot, asking voters to approve a tax hike that would raise about $5.9 million annually to establish a wildfire fund and to pay for open-space protection, affordable housing and other government services.
  Property-tax bills would rise about $11 for every $100,000 of assessed valuation, […]

Though home prices continued to fall in July, there are growing signs that — in some regions at least — the market may be stabilizing as lower prices lure some buyers off the sidelines. But a broad housing recovery faces stiff headwinds in the form of rising unemployment, tighter credit for borrowers and a huge […]

For many real estate investors, it was the most profitable tax strategy around: Move into a rental property you own, use it as a principal residence for two years, and convert taxable capital gains into tax-free dollars when you sell or exchange.
 But Congress has just clamped a limit on investors’ ability to play that game […]

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