FIRPTA (Foreign Investment in Real Property Tax Act) will change a little this year. The law was first introduced in 1980. It was a way to limit the number of foreign real property owners selling up and realizing a gain or transferring property at an increased market value, but not declaring or paying capital gains […]
Archives for January 2016
As we approach the spring, many homeowners who want to sell in the next few months begin to get everything ready. The ones who succeed in selling for the best price they can achieve, do a number of things right. We have covered some of them in previous blog posts. They include, for example:
Thanks for asking! We are rather like the yeast that makes the bread rise, and the icing that makes the cake perfect. Without a first class title company, real estate transactions just wouldn’t be the same. Title insurance was introduced in the late 19th century to protect buyers against loss resulting from defects in title, […]
When our state legislators return for the 2016 session they will be asked to vote on the ‘School Property Tax Elimination Act.’ The Bill, if it becomes law, will eliminate that portion of the property tax that is allocated to school districts. Any reduction in the cost of owning a home, piece of land, or […]
If you’re getting ready to buy a new real estate property, then you’ll obviously want to pay the lowest price possible. The best way to get a low price is to negotiate, but it’s a little more complicated than that. Here are a few tips for negotiating the lowest price possible on your property purchase.