Category: Real Estate

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Why do you need title insurance?

If you’ve ever bought a home through a real estate agent and with a mortgage, then you’ve seen a title compromise. This is a “health certificate” from a title insurance company, alerting you to who owns the property you are buying and to any bonds, mortgages, or lien on the property. It is essential that […]

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Foreclosed home ownership not transferred after auction

At the end of the foreclosure process, once all the notices have been sent and published and the lawsuit is finalized, a public auction is held to dispose of the property. This is generally called a sheriff’s sale or trust sale, and is the event during foreclosure in which the borrowers’ ownership interest is transferred […]

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Avoid distributor status when moving house

Any investor who changes more than one or two properties a year will run into the problem of being rated “dealer status” by the IRS for tax purposes. This is extremely dangerous. Dealers, like real estate agents, are considered self-employed and are subject to self-employment taxes of 15.3%. Worse still, a dealership cannot pay taxes […]

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The importance of shower window curtains

Shower window curtains allow lighting to enter the interior of the cubicle or tub area for increased visibility and privacy while taking a pleasant shower or bath. These curtains are water and mildew resistant, made of high quality vinyl. Its opaque section comes in a variety of nice solid colors, as well as the standard […]

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Real Estate Auctions: The New Land Rush

On a sunny Florida afternoon, an energetic crowd gathers on the lawn of a high-end luxury estate. A loud and enthusiastic joke between an auctioneer, a group of bidders, and assistant bidders fills the air. For several minutes, the auctioneer asks for the next highest bid and the bidders respond. Suddenly, the bidders are silent. […]

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Real estate investment

Many beginning real estate investors start by trading real estate to make a quick buck. If you want to make more money investing in real estate, you need to know a few basics. What is the definition of real estate investment? Simple definition: buy a property and resell it quickly, hopefully for a big profit. […]

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Learn How Shorting Your Home Will Affect Your Credit Score

While short sales generally tend to hurt homeowners ‘credit ratings less than foreclosures, these transactions are a matter of public record and have some impact on homeowners’ credit scores. Exactly how much damage the short sale does to homeowners’ credit ratings depends on several factors. One of the most important of these factors is who […]

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Risks of the BRRRR strategy

It is fashionable, and for good reason. I remember doing my first BRRRR strategy in 2004. I bought a house in Arvada, Colorado, with a lot of money to fix and renovate. You wouldn’t believe it; the flip was a flop and i ended up with a problem. I was over budget and was forced […]