The list price of your new home isn't the only cost you'll face. You need to carefully think over all of the financial details when deciding what house to buy.
Consider property taxes when buying a new house
Title insurance can keep keep you headache-free in the future
When you're buying your first Florida home, it's common for your realtor, lender, closing attorney, title company and others to recommend purchasing title insurance. Some of them might require that you buy it. There are various reasons why these parties may recommend that you buy title insurance.
What may your closing costs include?
When you buy a new home, you need to bring money to closing. This can be a significant amount, so it's important to talk to your lender in advance to make sure you know exactly what you're looking at. The cost varies from one purchase to the next, depending on a lot of factors, but you could be looking at thousands of dollars in fees.
Before you sell your investment property, strategize
Every so often, investors manage to seal the deal on the perfect piece of property. Whether by accident or out of some kind of foresight, they're able to buy an investment property at a very low price, only to see the market suddenly take off. The value of their investment suddenly triples in value, virtually overnight.
Why do you need earnest money on a home purchase?
You've found a home that you absolutely adore and you've made an offer that you think is more than fair -- and then you're suddenly asked to plunk down a sizeable chunk of change as something called "earnest money" as soon as your bid is accepted.
What happens if a seller isn't out by your possession date?
You finally found the house of your dreams here in Florida. You are no doubt eager to start making memories at your new place, but waiting is usually part of most real estate transactions. The seller usually has a few weeks or even a couple of months before they need to move out of the house.
Why investing in 'cannabis real estate' is worth thinking about
No matter what you personally feel about marijuana legalization for medicinal or recreational use, there's no question that opinions in this country have undergone a remarkable shift where cannabis is concerned. You could find yourself wondering if "cannabis real estate" is a good commercial investment.
Florida woman learns home is prone to floods after she buys it
A woman bought the ideal home in Florida in 2015 but had no idea of the little secret it held: It was prone to flood damage.
What is the median price of a home in Hollywood?
Do you think it's time to buy a home in Hollywood, Florida? Maybe you have been renting for a few years and it costs around the median price of $1,995 per month. You are tired of seeing all of that money disappear with nothing to show for it, so you want to buy a home. How will the prices compare?
Ways to reduce taxes as a real estate investor
Real estate investors are wise to do what they can to reduce their tax liability. This can allow them to reinvest a larger share of their profits into new investments, giving them a greater potential to grow their business.
