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7 Strategies for real estate agents to slash taxes before year-end

Housing Wire

While tax planning is a year-round task, real estate agents can take some specific actions before the New Year to significantly cut their taxable income. Use these seven strategies to avoid overpaying taxes, save money, and better manage your business. Laura Adams is the author and host of the Money Girl podcast.

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9 tips for homebuyers in non-disclosure states

Housing Wire

Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial. Experienced agents have access to databases, networks, and resources that can help buyers gather information about recent sales in the area.

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Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

You’re asking them to try to take the place of real estate agents who guide consumers through all the legal, financial and community complexities of buying a home even as 89% of homebuyers would use their agent again or recommend their agent to others. They decipher public property information.

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Demystifying Closing Costs: What Home Buyers and Sellers Should Expect

Eppraisal

Appraisal Fees: Lenders often require a professional appraisal to assess the fair market value of the property, and buyers are typically responsible for covering this expense. Title Insurance: Title insurance protects both the buyer and lender against any legal issues or disputes regarding the ownership of the property.

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5 Mistakes to Avoid When Selling Your Home

Appraisal Hub

It will likely stay on the market for longer, which can result in additional carrying costs, such as mortgage payments, property taxes, and maintenance expenses. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

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Real Estate Sales Agreements: Understanding Your Contract

Movoto

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Property Identification. This portion lays out the agreed-upon selling price for the property.

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What to Do If You Inherit A Home

McKissock

Primarily, the issues revolve around the following aspects: Financial and legal responsibilities : This financial responsibility primarily includes things like any debt obligations like a mortgage, that may be attached to the inherited property. Or it may even involve a loan that was taken out and securitized by the property.