Are you buying a house? Be sure to schedule that closing date for this month or next.
A recent ATTOM Data Solutions report found that buyers who close on Dec. 4 or Jan. 26 get the “best deal.” These buyers pay exact market value for a property, while many buyers across the U.S. are paying above market value in their areas due to a lack of inventory and an influx of bidding wars. Buyers who close on Dec. 6, Dec. 26, Dec. 27 and Dec. 31 paid just slightly over market value at 0.5%, making these...This year’s housing market has been plagued with low inventory, rising home prices, and endless bidding wars, making it hard for some would-be homeowners to get their foot in the door. Will 2021 be any different? Or, will it be a good time to buy a house?
If you’ve been eyeing a home purchase but have sat out due to 2020’s competitive market (not to mention the other challenges the year has come with), you might be wondering just that.
Though there’s no crystal ball, a clearer picture is starti...
The money you make on the sale of your home might be taxable. Here's how it works and how to avoid a big tax bill.
It feels great to get a high price for the sale of your home, but watch out: The IRS may want a piece of the action. That’s because capital gains on real estate are taxable sometimes. Here’s how you can minimize or even avoid a tax bite on the sale of your house.
Here are suggestions from Chicago designer Tom Segal of the design firm Kaufman Segal for the optimal home office setup.
Decide how much privacy and quiet are needed and whether it’s best to have a room or if a nook would suffice. Good options are a finished basement with a window well for daylight or, for empty nesters, a grown child’s former bedroom. Even a large hallway or walk-in closet can be out...With the kids home from school and parents working from home due to the novel coronavirus, it’s easy to feel overwhelmed. The good news is that we have 5 tips to make it a little bit easier!
You'll have to make adjustments to your home, but also to your homeschool routine during the time your house is on the market. It will not only help you with the logistics of showing your home...
A seldom-discussed phenomenon often occurs when a homebuyer decides to write a purchase offer. Maybe you've been house-hunting for weeks and you notice that one home has been for sale for almost six months without any offers. You figure it's overpriced—and you might be right. But you go look at it anyway and you fall in love.
You figure you can get a great price because the seller is undoubtedly desperate for an offer. This is your lucky d...