What Are Hard Money Loans And Why Aren’t They For Everyone?
Importantly, hard money loans are not for first time home buyers. Hard money loans are typically loans of “last resort” for borrowers who can’t find a conventional loan to accomplish the debt bridge between the down payment and the purchase price of real estate. Hard money loans have sharply higher interest rates and usually…Read More
Look Carefully At A Home’s Square Footage – It Might Not Be What You Think It Is
If You Are Buying A Home Just For It’s Square Footage Think Again How does the real estate marketplace calculate and represent square footage of listed homes in marketing materials and in the multiple listing services? To be honest there are several common practices and it is quite possible that a home might have two…Read More
To Gift Or Devise, That Is The Question!
Tax and Estate Planning is Critical to Avoid Unnecessary Tax Burdens and Consequences I have clients ask me all the time if it makes sense to give their property to their kids or should they wait to die and let their kids inherit it. The practical answer from a tax planning perspective is to allow…Read More