Divorce brings a whirlwind of emotions, but for many, their priority is figuring out how they can keep their house. A house shared during marriage is both a financial asset and a space that has become a home. Maintaining ownership can represent stability and continuity. Laws vary significantly across states, with distinctions between community property and equitable distribution states dictating the division of assets. This article outlines the general legal frameworks involved, offering insights into how the marital home is treated during divorce proceedings and what factors influence its own ..read more

Buying a house from a family member or buying for a family member is a unique real estate transaction. If you’re buying a house from a family, there’s more on the line than just money. This type of transaction is not just about negotiating prices and signing contracts; it consists of navigating the complexities of family relationships, emotions, and financial considerations. When you buy a house from a family member, the stakes are higher because it’s not just a monetary investment but also an emotional one. Similarly, purchasing a home for a family member involves careful planning and underst ..read more

Are you considering adding a mother-in-law suite to your home and wondering how much value it will add to your property? When it comes to how much a mother-in-law suite is worth, you must consider how the space is permitted, how much square space you’re adding to the property, what comparable properties are valued, and the demand for homes with these spaces. Furthermore, if you’re considering the addition for personal use, think about the value it will add to your family and lifestyle. This article breaks down how much value an in-law suite adds and what property owners need to consider before ..read more

If you want to increase the value of your home by improving the backyard, consider installing a patio or porch. These structures create entertainment space for your family and any guests who stop by. You can use your porch year-round, starting with grill-outs in the summer and hot cocoa-fueled get-togethers in the winter.   Not only can a deck increase the happiness you get from your home, but it can also increase your resale value and make it more appealing to buyers. Learn more about decks, patios, and porches to see how they impact your home values and decide whether one of these ..read more

Real Estate Agents. Hone your time management. Learn how to optimize your schedule and create healthy boundaries so that you can flourish! The post Effective Time Management Techniques for Real Estate Agents appeared first on FastExpert ..read more

One of the first steps to invest in real estate is securing financing. Once you have a clear understanding of your loan source and repayment terms, you can set a budget for renovations and rental fees. One common question that investors ask is whether they can work with the Small Business Administration (SBA) to secure an investment property loan. In most cases, you cannot get an SBA loan to buy a house, but there might be some instances where these loans still help your new real estate business.  Use this guide to answer, “Can you buy a house with a business loan?” and learn about the pr ..read more

If you are looking to buy a house separate from your partner’s finances, know that you aren’t alone. There are many reasons why couples would buy separate houses, from streamlining the mortgage application process to evenly dividing assets. Whether you are looking for a vacation house, second home, or investment property, it’s possible to buy a house without putting your partner on the mortgage or title.  While you and your partner can keep your assets apart, some states limit how you apply for mortgages and how your wealth is divided in the event of a divorce. Can a husband and wife buy ..read more

When becoming a real estate investor or building a portfolio, you can purchase either single-family rental properties or apartment buildings. Apartment buildings have multiple units under a single title, whereas a single-family home will just have one unit (however, accessory dwelling units are becoming increasingly common). Apartment buildings give you built-in diversified income streams. However, each unit typically demands a lower rental rate than a house and doesn’t benefit from appreciation at the same level as single-family residences. Buying an apartment building is a significant invest ..read more

Mold can be an unseen, odorless house guest that causes damage to your property, but more importantly, mold spores can harm the health of a home’s inhabitants. Many buyers fear buying a house with mold issues because mold can be difficult to detect and even more difficult to remove. Can you sell a house with mold? Yes. Let’s uncover how sellers should go about selling property with mold, and how buyer’s should approach buying a house with a mold infestation.  Why Do Buyers Worry About Mold? Mold issues are pesty; you might think you’ve cleaned and sanitized the area only for the growth to ..read more

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