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A Sad Story Relived Over and Over

Ask any real estate agent and they will tell you a similar sad story. The seller, whose home just hit the market, received an offer which was less than the list price, but felt secure their home would sell quickly and countered for more. For ...

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Doing Nothing is Costing Something

It has been said that more money has been lost due to indecisions than ever was due to making the wrong decisions. Many times, the larger the decision, the more likely procrastination comes into play and doing nothing will cost something. Bu...

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Property Inheritance

Stepped-up basis is an incredible benefit to people who inherit property. Not only do they receive the property itself, the basis or cost value of the property becomes the fair market value at the time of the decedent's death. This avoids rec...

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Less to Own than to Rent

The question is "financially speaking, are you better off owning than renting in the long term?" Renting a home has advantages. It is usually a short-term commitment from year to year and the landlord is responsible for the repairs. Owning ...

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Home Warranty

Are You Covered?

It's 100 Degrees outside, your AC just quit.....who are you going to call?   Your Home Warranty Company! A Home Warranty is a service contract on your home.  It protects the appliances and some of the home systems for repairs or possible ...

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Deciding on Whether to Move

Some homeowners feel like they may as well throw a dart against the wall to decide whether to move or not. Other people might invoke a process attributed to Benjamin Franklin. Supposedly, to evaluate the options and bring clarity to the choic...

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Rent your home tax free

There is a little-known provision in the tax code that allows homeowners to rent their principal residence or second home for up to 14 days a year without having to recognize the income. In this situation, the taxpayer does not deduct the ren...

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