How do you choose a good condo?
Seek ownership in a well-maintained building, and pay special attention to the financial health of the condo association. Lax maintenance ...
Year: 2007
Why buy a condo?
They are an appealing way to enter the housing market if the cost of a single-family home is out of ...
Are property taxes deductible?
Yes. Like the mortgage interest paid on a home loan, property taxes are fully deductible from your income. You may ...
Are impound accounts required for all mortgage loans?
They can typically be waived on a conventional loan if the loan amount is 80 percent or less of the ...
Can I contest my property taxes?
Many people do, mainly because determining value can often be tricky. This is especially true in a changing market when ...
Are fees and assessments owed a homeowner’s association deductible?
Generally not because they are considered personal living expenses. But if an association has a special assessment to make capital ...
Are up-front fees and closing costs deductible?
Many of the costs paid at closing are not immediately deductible. The exception is points you pay to purchase your ...
What are closing costs?
Closing, or settlement, costs are expenses over and above the price of the property. Both the buyer and seller incur ...
What are some negotiating tips?
Know the seller's motivation to sell. This will enhance your negotiating position. Sellers who must move quickly due to a ...
Are low-ball offers a good idea?
Any offer can be presented, but a low-ball one that is extremely less than the asking price can dampen a ...
How to Calm Jittery Sellers When Similar Homes Close by Are Also for Sale
While you as the seller’s agent or broker understand all the intricacies and strategies of working a listing, your clients very likely are first-timers, vulnerable to emotions and worrisome opinions precisely because they don’t have prior experience. Read more.
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