Looking To Buy a Home in a Fire-Prone Area? Here’s What To Know
By Kathleen Willcox Aug 11, 2022 (Ted Soqui / Corbis via Getty Images) The threat of wildfires is a dangerous reality in rural and more populous areas alike. And while homebuyers likely know the risk of settling down in a fire-prone area, many may not have a choice. [...]
How Much Is Capital Gains Tax on Real Estate? Plus, How To Avoid It
By Margaret Heidenry Aug 6, 2022 (Getty Images) Capital gains tax is the income tax you pay on gains from selling capital assets—including real estate. So if you have sold or are selling a house, what does this mean for you? If you sell your home for [...]
Contingent vs. Under Contract: What Do All Those Real Estate Status Codes and Listing Terms Really Mean?
By Margaret Heidenry Aug 7, 2022 (IPGGutenbergUKLtd/iStock) Contingent vs. under contract? Call it what you will—jargon, shorthand, lingo—but every industry, including the real estate world, has its own language, a collection of terms that are essential to understand if you hope to play ball. And the [...]
What Does Renter’s Insurance Cover?
By Angela Colley Aug 5, 2022 (John Tlumacki / The Boston Globe via Getty Images) Renter’s insurance is an important safety net. Having a policy can save you from big expenses—and even bigger headaches—if disaster strikes your rental. But what are those disasters, exactly? Does renter’s [...]
A Buyer’s Guide to ‘Price-Reduced’ Homes—and Why They Aren’t Always a Deal
By Meera Pal Aug 3, 2022 (Getty Images) Homebuyers who’ve braved the real estate market lately have no doubt noticed that housing prices are through the roof, hovering at a record-setting national median of $450,000. Combined with rising interest rates on mortgages, it’s enough to make many give up hope [...]
How To Calculate Property Tax: What Homeowners Should Know About How to Estimate Property Taxes
By Jamie Wiebe Jul 27, 2022 (Getty Images) Need to know how to estimate property taxes? You’ve come to the right place! Most people know that homeownership requires coughing up copious amounts of money. There’s your mortgage, of course, but the costs hardly end there. You will also [...]
