by Serena Yan | Sep 6, 2023 | Buying Homes, Real Estate Education, Real Estate Finance
When the real estate market cycles into a competitive seller’s market, many homebuyers must deal with something called an “appraisal gap.” What is it and how can you make the best moves during the home buying process? What is an appraisal gap? An appraisal gap is the...
by Alicia Persson | Aug 29, 2023 | Home Living, Real Estate Finance, Selling Homes
To fix or not to fix, that is the question every homeowner has when it’s time to sell their home. Investors also want to know what renovations and upgrades are worth their while if they plan to buy and hold real estate. You want to offer a property that has excellent...
by Alicia Persson | May 9, 2023 | Real Estate Finance
Virginia Down Payment Assistance Programs If you live in the Commonwealth of Virginia, you can potentially receive grants to pay for closing costs and down payments for a home loan. The Virginia Housing Development Authority, established in 1972, raises money in...
by Alicia Persson | May 3, 2023 | Buying Homes, Real Estate Education, Real Estate Finance
Down Payment Help in Maryland Every state has unique programs that can help homebuyers access funds to buy a home. Instead of reinventing the wheel, The Mortgage Reports made a comprehensive list of homebuying assistance and grant programs for all 50 states. When it...
by Alicia Persson | May 3, 2023 | Buying Homes, Real Estate Education, Real Estate Finance
Down Payment Help in Michigan Every state has unique programs that can help homebuyers access funds to buy a home. Instead of reinventing the wheel, The Mortgage Reports made a comprehensive list of homebuying assistance and grant programs for all 50 states. When it...
by Alicia Persson | Apr 28, 2023 | Real Estate Education, Real Estate Finance
A credit score is a number that rates your creditworthiness. Credit bureaus calculate this score to determine a borrower’s ability to repay a loan or credit card. Lenders rely on credit scores to assess credit risk when approving loans to applicants. A credit...
by Alicia Persson | Apr 24, 2023 | New Construction Homes, Real Estate Finance
Would you like to purchase a home in the future but don’t think you have enough income to qualify for a loan? You’re not alone. Many people, especially first-time buyers, ask themselves this same question. Affordability is a common concern in 2023,...
by Alicia Persson | Mar 8, 2023 | Real Estate Taxes
A real estate tax shelter is a common financial strategy that people or businesses use to reduce what they pay in taxes. This method allows investors to use real estate investments to generate income while using investment tax breaks to reduce their taxable...
by Alicia Persson | Mar 8, 2023 | Real Estate Education, Real Estate Finance, Real Estate Taxes
As a real estate agent, you work as a self-employed individual. Instead of a W-2, you receive a 1099 from a brokerage that doesn’t figure in any federal or state income taxes. Though estimating your taxes and preparing for tax time is a time-consuming part of...
by Alicia Persson | Feb 28, 2023 | Builder Resources, New Construction Homes, Real Estate Taxes
With the expert contribution of Adam Steinheiser, the Director of Accounting at Marketplace Homes Construction businesses can write off a lot of business use expenses. When you work with a tax professional, you can get the most accurate, personalized advice for your...
by Alicia Persson | Feb 20, 2023 | Investment Properties, Real Estate Taxes
With tax season well underway, the IRS has already accepted over 19 million tax returns from households and businesses of all scales. If you have a real estate investment business, you know that prudent filing will give you maximum tax benefits that can help you pay...
by Alicia Persson | Feb 16, 2023 | Investment Properties, Real Estate Education, Real Estate Finance
Calculating return on investment (ROI) is an important part of any successful business. In real estate, it provides valuable metrics about a property and whether it’s worth your time. When you learn how to accurately measure ROI, you can make smarter real estate...
