Even if you have a property lost due to foreclosure or short sale and you might feel relief from being out from under your mortgage obligation, the cancelled amount must be included in your income tax reporting depending on circumstances.
With dramatically shrinking inventory, many real estate markets are now experiencing multiple offers on a home. It is a benefit for sellers with homes for sale in Northern Virginia, who prefer to be able to pick the best offer for them, but it’s frustrating for buyers. As a buyer, you may consider the following tips to get your offer accepted.
In a recently released study, Fannie Mae states the consumer attitudes continue to be favorable about homeownership, especially with younger generations, ages 18 to 34. When comparing the financial and lifestyle benefits, slightly over half of them (71 percent) think that owning makes more sense than renting. Protection against rent increases was mentioned.
Much to the elation of anyone with a Fairfax VA home for sale or sellers anywhere, home prices are on the rise in nearly all states, according to a recent report from the real estate researcher CoreLogic. Evidently, 48 states showed year-over-year gains in April. Meanwhile, home prices also showed month-over-month gains between March and April. […]
What is the value of a one carat diamond? If you have shopped for one, you know that values have a significantly wide range. You have been told to consider, clarity, cut, color and carat size when comparing stones. Bottom line is you still want to know “how much is it worth?”
