Marketplace Homes Blog

Welcome to the official blog of Marketplace Homes, where we discuss everything relevant to real estate.
Can I Use an SBA Loan to Buy an Investment Property?

Can I Use an SBA Loan to Buy an Investment Property?

Can I use an SBA loan to buy an investment property? Investors seeking to grow their portfolios look to various loan programs, such as hard money loans, a home equity line of credit, an investment line of credit, and more. Many also often wonder if they can use an SBA...
What Is an Appraisal Gap?

What Is an Appraisal Gap?

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...
New Tax Breaks for 2024 Home Upgrades

New Tax Breaks for 2024 Home Upgrades

New Tax Breaks For 2024 Home Upgrades Homeownership has a lot of perks including building equity and snagging some of the best homeowner tax credits and deductions. In 2024, the federal government created even more tax deductions for homeowners through the Inflation...
Down Payment Help in Virginia

Down Payment Help in Virginia

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...
Down Payment Help in Maryland

Down Payment Help in Maryland

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...
What Is a Credit Score?

What Is a Credit Score?

What’s a Credit Score, and Why Is It Important? 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...
Is Buying Real Estate a Tax Shelter?

Is Buying Real Estate a Tax Shelter?

Is buying real estate a tax shelter? New investors and homebuyers often wonder what kind of tax incentives come with owning property. The good answer is that you can absolutely reap tax breaks from owning real estate, and these tax breaks are sometimes called...
Top Tax Tips for Real Estate Agents for 2023 Filing

Top Tax Tips for Real Estate Agents for 2023 Filing

Tax Tips for Real Estate Agents filing for 2023 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...