With so much paperwork to sign and complicated terminology involved in the transaction at closing, it can be confusing to understand just who signs a trust deed and when. However, holding real estate in a revocable living trust comes with many benefits, including estate tax savings, protection from creditors and avoiding probate. So read on … Continued
While real estate markets go through shifts and there is a cooling trend, the numbers show home prices are still rising, and the inventory of available homes is still low. Because of the law of supply and demand, the current market is still considered a seller’s market. However, according to the U.S. Census Bureau and … Continued
Real estate offers many exciting ways to earn a return on investment, including highly creative niches that provide impressive results; some can equal or exceed traditional market sectors. And these creative niches offer other benefits—for example, combining your hobby or other business enterprises and enjoying lower overhead costs while building wealth. Another benefit of branching … Continued
Residential rentals offer property investors in Lexington a fantastic return on investments. However, it isn’t as simple as buying a property, then sitting back and collecting rent. Even thorough screening and placing the best tenants is not enough to overcome poor property management. Failure to understand every aspect of a landlord’s responsibilities will cause your … Continued
When siblings inherit a home together, complications are apt to arise, so it’s wise to forearm yourself about how to deal with the possible issues or avoid them altogether. For example, dividing an estate among two or more siblings, especially at such a highly emotional time, can be challenging if there are disagreements or a … Continued
Unfortunately, while close friends or family members may have had the best intentions when they left their house to you, the reality doesn’t always work out favorably for the benefactor. Many who inherit a home have no interest in living on the property. For others, it’s too emotional for them to be in the house, … Continued
Deciding what to do about the non-stop headaches when dealing with a bad rental property can take time and effort. If you are ready to cut your losses and sell the property, you have probably considered listing with a real estate agent. Besides the high agent fees and prep costs, the trouble with the listing … Continued
If you’re worried about how challenging it would be to sell your Lexington house quickly during a slow market, don’t be; cash buyers provide a speedy, cost-effective substitute to the standard home sales method. Continue reading to learn how to sell your Lexington home quickly even in a slow market. Assurance of Closing Listing with … Continued
While some basics about real estate will never change, the industry is constantly modified to keep in step with economic changes, updates to industry standards, technological advances and shifts in real estate trends. Along with all this, lawmakers are continually updating the tax codes which affect real estate transactions. Keeping your eyes on the horizon … Continued
Naturally, you want to buy the perfect property in Lexington. But, for many buyers, their first thought is to find an excellent real estate agent to help them find their new home, unaware of how working with a hybrid agent offers advantages over the traditional option. Primarily, buyers seek the guidance of those experienced with … Continued
