Owner Resident

Buyers of Houses

Buy Your New Home Now, Sell Later

Buy Your New Home Now, Sell Later

Most people in the U.S. move every 8 to 12 years depending on who you ask. Most need the equity in their current house to purchase their new home. Do you sell the old house first & "hope" to find a new...
Do I Owe Income Taxes When I Sell a Rental Property?

Do I Owe Income Taxes When I Sell a Rental Property?

The answer is MAYBE. When a property owner sells a real estate investment, typically, income taxes are due. There are two exceptions. 1) If you lived in the rental house for two out of the last five years, you might not owe income taxes.  2)...
What is a Reverse Mortgage?

What is a Reverse Mortgage?

Reverse Mortgages have gotten a bad rap but can be very useful in certain circumstances. They give a homeowner the ability to stay in their current home and get the equity out in monthly payments or a lump sum. This loan has NO...