Washington Report: Capital Gains Takes on Change
Question: Allison, I heard that Congress recently changed some of the capital gains laws. What have you heard?Answer: Hardly anybody noticed it, but Congress tucked away a valuable bit of holiday cheer for real estate when it passed its final tax ...
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Posted by Allison Simson on December 28, 2007 in Archived
Reverse Mortgages Wrong for Some Seniors
Question: I am interested in a reverse mortgage but am not sure that this is my best option. Do you have any information on reverse mortgages? Answer: Although reverse mortgages are an ideal fit for many senior homeowners, they are not the best ...
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Posted by Allison Simson on December 6, 2007 in Archived
How important is it for the Homeowner's association to have a capital reserve fund?
Question: I am thinking of buying a condominium in Summit County and want to find a property with low homeowner’s association dues. How important is it for the association to have a capital reserve fund? Answer: Condominium buyers should be wary of ...
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Posted by Allison Simson on December 6, 2007 in Archived
Benefits to hiring an interior decorator to "Stage" your home.
Question: Our Realtor has suggested that we hire an interior decorator to “stage” our home. Is there any benefit in this? Answer: Originally popularized in California, staging helps homes sell quickly and for more money. Staging concentrates not on ...
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Posted by Allison Simson on December 6, 2007 in Archived
Benefits of working with someone locally versus working with an Internet lender?
Question: Our goal for this next year is to buy a home in Summit County. We want to get some information on financing and are considering using an Internet lender. What would be the benefits of working with someone locally versus working with an ...
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Posted by Allison Simson on December 6, 2007 in Archived