In 2021, the tax-free gift amount was $15,000. In 2022, that has risen by one thousand dollars, making the limit for tax-free gifts in 2022 a total of $16,000. Tax free means that no tax is due to the donor or the donee. There are provisions that would allow gifts higher than this amount providing […]
Category Archives: Home Buyer Tips
What Should You Ask A Mover?
Ever moved and wished you had done a little more research on the moving company you selected? I think we’ve all had that experience. Here are some questions you should ask your mover, to make you feel more comfortable in making the right decision. Fees What is the charge for packing? Does it include boxes? […]
Negotiations – When Are They Over Anyway?
So when exactly does the primary negotiation when purchasing a home take place? Quite simple actually, it takes place when the contract is signed and agreed upon – including the price, closing date and when possession will take place. One issue especially over the past year is inventory was down 19%, which made multiple offers […]
Inflation – You Can Benefit From It, Or Become A Victim
We are ALL seeing the effects of inflation, especially during these times. We are currently in the highest inflation period in 40 years, and none of us are immune or exempt from seeing and experiencing the effects. The purchasing power of your money diminishes each day, which in turn means you’re buying less. Many of […]
A Realtor Just Might Have The “Skills” You Need
Having the right person “champion” for your real estate cause is extremely important in today’s market. After all, there are only 1.7 months supply of inventory compared to 6 months in a balanced market, and the average home is getting 4.8 offers per sale. You see, in the Middle Ages, it was a custom to […]
The Three M’s of Homeownership
A home is a very valuable asset. It must be maintained so that they function properly, are safe and enjoyable, and hold their value. Attention to maintenance, minimizing expenses and managing debt & risk are all key to helping you protect your investment. Maintenance Think about a car – it’s interesting that people normally understand […]
It’s CARFAX – For Your Home
More than likely you’ve probably heard of CARFAX – it’s a vehicle history report that you can see online or on a car which give the complete history. You can learn hidden problems from them, and it can assist you with avoiding hidden costly problems when it comes to purchasing a car. Let’s face it […]
There Is A Cost When Waiting To Buy
Ever seen something on sale on a website? Sometimes, shopping online can really get you some great deals! And, maybe you see that item, you’re interested, but there isn’t really that full sense of urgency. Maybe there are other things going on in your life and you just didn’t get back to that item for […]
Showing A Home Means Giving Visions
The highest possible sale price can be achieved by making needed updates and repairs to a home before it’s placed on the market. There was a story once, told by another agent, of a home that was structurally sound being on the market, but it needed significant cosmetic work, like paint, floorcovering, updated fixtures, and […]
What Options Can Equity Give Homeowners?
According to CoreLogic’s Homeowner Equity Insights, Americans have seen the equity in their homes increase by 29.3% year over year in the fourth quarter of 2021. The average home equity during that time period was a whopping gain of $55,000. This increase is a fuel that homeowners are experiencing. A fuel which is a large […]