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Archive for the 'inman news feed' categorySecond-home buyers learn shocker on moving dayYou have got to be careful when buying a home. There are two things you have to do, regardless of whatever else you do. Selling home ‘as is’ in today’s market?Selling a home “as is” can mean a lot of different things to a lot of different people. Credit crunch fixes? Policymakers need to get on with itLou Barnes seems to be suggesting that we need to cut our losses and move on, when it comes to those behind in their home loans. The best way to keep our country on track, he says? Restore the flow of credit. Gifting home may cut Medicare benefitsIf there’s one thing you should know about real estate, it’s this: your parents should never gift you their primary residence. To do so means a huge tax liability for you and your siblings. Almost always, it is better to have them keep the home until they die, after which you will [...] Don’t refinance for the wrong reasonsShould you refinance? It may make sense, even with the recent jump in interest rates. A no-cost loan refinance may make sense, but you might end up having to pay a higher interest rate, as a result. If you have to pay closing costs, it may not make sense to refinance - [...] Faulty shower will cost buyer $3,000 to fixGOOD NEWS! From now on, I’ll only be including Inman News articles which you might actually find useful. |