TAX TIME - WHAT'S NEW 2020?



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What every buyer should know about Home Inspections

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  HOME INSPECTION   When should you get a Home Inspection? After your offer just got accepted one of the first things you should order is a Home Inspection The home inspection will need to be order and completed and any repairs negotiated during the option period as indicated in the Accepted offer contract. The typical time is typically 5 days but can be negotiated between the buyer and seller anywhere between 3-10 days.   What is a Home Inspection? The home buyer has the choice of selecting an objective 3 rd party licensed home inspector to perform the inspection.    Think of the inspector like a doctor whose job is to diagnose the current the condition of a home, and safety of the home before you finalize the sale. This is your opportunity during your option period to have a licensed home inspector diagnose the health of a home's mechanical, structural, plumbing, electrical, roof and other components . The inspector will check the following: ...
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Should You Update Your House Before Selling? Ask a Real Estate Professional.

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  Should You Update Your House Before Selling? Ask a Real Estate Professional.  Some Highlights If you’re deciding whether you should make  updates  before you sell your house, lean on your trusted real estate advisor to be  your guide . In today’s  sellers’ market , buyers have  limited options  and may be more willing to take on repairs  themselves . If you’re thinking about selling your house, let’s connect so you have  expert advice  that’s customized to your home and our local area.
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What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

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  What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were concerned it would result in a wave of foreclosures coming to the market, as there was after the  housing crash  in 2008. Here’s a look at why the number of foreclosures we’re seeing today is nothing like the last time. 1. There Are Fewer Homeowners in Trouble Today’s data shows that most homeowners are exiting their forbearance plan either fully caught up on payments or with a plan from the bank that restructured their loan in a way that allowed them to start making payments again. The graph below depicts those  finding...
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