Proper planning can allow you to avoid the shock and consequences of the actual costs of selling your house. In addition, this data can serve you by helping you make an educated decision about the best sales method for your circumstances. So read on as we explore these five unexpected costs you may face when … Continued
Sellers face many challenges, from deciding which sales method suits their circumstances to when to list their house on the market. Winter can bring the need to change your approach to how you handle a variety of tasks. If you’re selling your house in Lexington during this season, information about handling these tests of fortitude … Continued
If you’re concerned about your property going into foreclosure due to circumstances beyond your control, the optimum scenario would be to work with your lender for a resolution before things go any further. However, going through the foreclosure process can be made easier when homeowners understand what lies ahead, so read on as we explore … Continued
Sometimes plans don’t come to fruition, and investment property can become a burden, depleting your time and funds. If you’re holding an unwanted investment property, you can take steps to exit the property quickly. Likewise, if you’ve inherited real estate and it’s draining your wallet and wearing on you emotionally, as challenging as it may … Continued
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
