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Monthly Archives: October 2016

    Down Payment: FOUND!

    By Jill Kuchle | October 24, 2016

    Saving the down payment may be unnecessarily keeping would-be buyers from getting into a home. They may be unaware that the funds might be available. The NAR Profile of Home Buyers and Sellers reports that 81% of first-time buyers got all or part of their down payment from savings. Less than 4% said that all... Read More

    It’s not far, if you know the way

    By Jill Kuchle | October 17, 2016

    “It’s not far, if you know the way.” What this expression implies is that you could have a long way to go if you don’t know where you’re going or how to get there. Just like reading a map, there are some definite steps that will improve your success in buying a home in today’s... Read More

    Sale of Home by Surviving Spouse

    By Jill Kuchle | October 10, 2016

    Special consideration is made by IRS for the sale of a jointly-owned principal residence after the death of a spouse. Surviving spouse may qualify to exclude up to $500,000 of gain instead of the $250,000 exclusion for single people if certain requirements are met. The sale needs to take place no more than two years... Read More

    Rental Real Estate is Preferred Choice

    By Jill Kuchle | October 3, 2016

    Real estate is the overwhelming preferred choice by Americans as identified in a recent survey. With the Dow Jones industrial average reaching record highs, it might be expected that the stock market would be the favored choice but that wasn’t the outcome. Analysis of the report suggests that the popularity for houses could be that they... Read More