The real estate market in California started off strong this year with higher sales from December. Sales increases in January were likely the result of an increase in interest rates since the Presidential election, prompting buyers to get into the market before rates climb even higher.
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It’s not uncommon for real estate contracts to include prorations for both buyers and sellers. Prorations exist to reasonably divide any expenses related to the property, including property taxes, HOA dues, mortgage interest, utilities, and so forth so that both parties are not stuck paying for more than their fair portion.
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There are a number of ways to build wealth and earn a sizeable income by investing in real estate. Investors have long been profiting from real estate investments, whether it’s from fixing and flipping, buying and holding, renting, and so forth.
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Relocating can be stressful, especially when you consider the idea that total strangers are handling many of your delicate, valuable belongings. While movers are professionals in their particular trade and are well skilled and experienced in transporting goods during moves, anything can happen.
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Your mortgage broker will ask you a number of questions when you’re applying for a home loan, but that doesn’t mean you can’t ask a few questions of your own. Buying a home is a huge decision, and the type of mortgage package that you opt for is just as important.
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Solar panel systems can offer a great way to scale back your utility bills while helping the environment at the same time. But their upfront costs can be pretty pricey: a typical four-kilowatt system for an average-size home in California can cost anywhere between $15,000 to $35,000. However, there are some rebates that you might be eligible for that can offset these costs.
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The issue of what constitutes a ‘fixture’ in a home and what doesn’t has been the source of many conflicts in real estate. What the buyer might believe is a fixture and should come with the house might not be considered a fixture by the seller.
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Whether your home doesn’t suit your needs or tastes anymore or you’re thinking of revamping it to get a better dollar when you sell, there are dozens of upgrades that you can make to your home to improve it. The question is, which upgrades are worth the money spent, and which ones are money pits that won’t allow you to recoup your investment?
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If you’re on the hunt for a new house, you’ve likely been scoping out all sorts of listings online. Out of all the thousands of listings that you come across, you may have stumbled upon one that you can really see yourself living in.
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Home inspections are important clauses to include in a purchase agreement. They provide buyers with the opportunity to uncover any potential issues with the property in question before signing on the dotted line.
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