Real Estate Deeds Made Easy Since 1997 – Deeds.com
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Most condo owners keep their property as long as they wish, until they sell or bequeath it on their own terms. Howard Fellman, though, is being told to sell — by the investment company that wants his Florida condo unit.…
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The 1031 Exchange Helps Real Estate Buyers Avoid Tax. Joe Biden’s Not a Fan.
The president’s proposed 2024 budget would end the famous 1031 exchange, a popular tax rule that helps property sellers avoid capital gains tax. Basically, it’s a way of swapping one investment property for another. But Joe Biden’s budget calls it…
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Going Green at Home? Use This Guide to Claiming Your Inflation Reduction Act Credits
It’s time to send in those tax returns. Looking at what we did last year prompts us to think about how to save more this year. At the same time, home energy tax credits and rebates are rising, thanks to…
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Looking for Silver Linings: Do Bank Failures Mean Lower Mortgage Interest Rates?
Silicon Valley Bank’s dramatic collapse doesn’t mean banks are in trouble generally. But… As a tech-focused institution in the San José area, SVB’s stumble sends out a clear signal. Pricey California metros could see lower housing costs ahead. The bank’s…
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Real Estate, Agents, and the Gig Economy
Real estate agents are creative folk. In some ways, independent real estate agents — like rock stars — were the original gig workers. The gig economy is made up of freelancers and people taking independent career paths. Some of…
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LGBT+ Homeownership: Current Stats and Support Systems
Just under half of the LGBTQIA community are homeowners. That’s significant, when the U.S. average rate of homeownership is so much higher, at 65%. It’s not that the LGBTQIA community rents by choice. (Only 11% does.) So, what’s the story?
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In the News: Struggling and Elderly Homeowners Targeted by Deed Fakery
Imagine a licensed real estate broker — of all people — accused of taking other people’s homes and selling them. Imagine someone deciding to fake a deed to steal the house of an elderly homeowner who’s ill and in a…
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Buying Just What You Can Afford? Four Ways to Make Your Home Feel Wonderful
Buying a small home makes sense for many people today. And still, after buying a home in this market, who has the money to furnish and decorate? Take heart. Even when the inflation crisis hits home, it’s totally possible to…
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New in Tech: “Virtual Twin” Buildings Take 3D Models to the Next Level
Web3 (Web 3.0), the next-generation internet, is already keen on houses. Let’s consider a home’s digital twin in the 3D internet world known as the metaverse. Three-dimensional models of homes are among the real estate world’s leading-edge tools. According to…
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Four Things New Homeowners Love About Owning Their Homes
Becoming a homeowner in 2023 is no easy feat. To get mortgages with decent terms these days, buyers need strong incomes and credit profiles. They need the sheer luck of finding a suitable home, receiving positive appraisal and inspection reports,…
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More People Are Buying Multi-Generational Homes. Why?
Multi-generational homebuying is approaching its highest rate ever, says the National Association of REALTORS® (NAR). About 15% of U.S. buyers are opting for multi-generational living. That’s up from 11% just before Covid. Why are so many homes now multi-generational?
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Thinking About an FHA Mortgage in 2023? Here’s What You Need to Know
Let’s start with the good news. This month, the government cut the amount of private mortgage insurance needed by people with FHA-backed home loans. This will benefit hundreds of thousands of people. Most will be modest-income mortgage applicants, primarily first-time…
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Buying a Home? Bigger Isn’t Always Better
A small home is a cozy home. It has other advantages, too. If you’re tempted to move to a bigger place, or to spend as much on a home as your mortgage lender will allow, here is a case for…
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Texas Lawmaker Group Says Blockchain Could “Revolutionize” Deed Recording
The Texas Blockchain Council (TBC), part of the Texas Innovation and Technology Caucus, is a bipartisan group of Texas lawmakers focused on advancing the state’s tech sector. The Governor appoints the 16-member Work Group. On their agenda? A pilot project for blockchain-based…
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Will AI Chatbots Change Real Estate? They’re Already Starting.
A link to your real estate agent’s latest newsletter appears in your inbox. Did the agent write it — or was it done through artificial intelligence (AI)? Some agents are already trying out the latest in AI — like the…