“Buy a home in my twenties? Who, me?” If this is you, we get it. The thought of buying a home often seems like something that older people do. The truth is, however, there are plenty of perks to being a young homeowner. And if you’ve got the financial means, what are you waiting for?
[Question]I’m thinking about selling my house and then renting for a while. Will I have to pay higher capital gains taxes on my home sale because I’m not rolling over the money to a new house? [Answer]No. You’re thinking of the old law, under which people could delay paying taxes on their home-sale profits if
Homes in America are selling like hotcakes, with the exception of some properties in the luxury market like the $19.75 million “Versailles in Manhattan” nobody wants to buy. The time it takes for a house to go from listing to sale keeps falling because there are’s an abundance of buyers waiting to pounce and even stretch
As a first-time home buyer, you probably assume your realtor or real estate agent will do the dirty work of negotiation for you. While that may be true, or you might take a DIY approach selling by owner, make sure you’re not missing any opportunities to bargain for what you want—whether that involves closing costs
There are three primary housing situations available—buying a condo, buying a house, or renting an apartment. Each has its benefits and drawbacks. Let’s take a look at the advantages of each—which are also usually the disadvantages of the others. Warning: There’s no one-size-fits-all here. What you’re going to find is each housing situation is designed
Investing in real estate can be a smart move, but that doesn’t mean this wealth-building strategy is attainable for everyone. You usually need at least 20% to put down on an investment property and saving that much money can be a tough task for almost anyone – especially in this real estate market. But, what