Archive For The “Articles” Category
Every year, there’s a new wave of scams directed toward the elderly. The dishonest assume that increasing age makes people deaf, dumb, blind, and stupid – assumptions that are far from the truth. In this age of identity theft and deceptive ploys run over the Internet, by mail, and in person, however, it pays to…
As any Realtor® will tell you, young buyers are very diverse in the type of house they like. Some want modern lines with an open floor plan, while others want the charm of separate rooms with crown molding and Victorian, Tudor, or other period styling. What unites young buyers is they do not want to…
Buyers wary of purchasing a home with costly defects often ask for a home inspection as a condition of sale. If the report comes back with problems, the buyer might use flaws in the house as reason to renegotiate the price or walk away from the deal. This means that home negotiation is done twice…
At retirement, you may have the family home almost paid for, but is this where you want to live for the foreseeable future? At age 66, statisticians say you have a dozen or more years ahead of you. If you love your home, you may see yourself there for some time, but you have options…
So you have sold the family home and moved into an apartment or a retirement community. Now the next big question is where to invest the proceeds of sale to produce an income and minimize taxes. While the actual equity from the home sale isn’t taxable, any interest, dividends or capital gains you earn by…
Increasingly the family home is being considered a critical part of your retirement planning. Many retirees are sitting on a tax free investment worth hundreds of thousands of dollars. And while it is providing you a place to live there is also a cost. Many retirees would benefit by being able to access the equity…