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Real Estate Articles

  New Tax Break
A new measure giving tax breaks to homeowners who have mortgage debt forgiven.
 

Is the Open House What It Used to Be?
While 80 percent of home buyers used the Web to search for properties, only 42 percent visited open houses last year, reports the NATIONAL ASSOCIATION OF REALTORS®.

 

A New Buyer’s Burden
An emerging type of transfer fee can add thousands of dollars to closing costs.

 

Million-dollar homes ... for a fraction of the price
Fractional-ownership is a fast-growing segment of the vacation-home segment. Is it for you? How would you like a big, luxurious vacation home in a beautiful resort for just a tenth of the going rate?

 

House Votes to Eliminate "Phantom Tax"
The U.S. House of Representatives voted on Thursday to get rid of a tax burden for home owners who have had a loan forgiven or foreclosed on their home because they were unable to make their mortgage payments.

 

Second-home sales at all-time high
Vacation homes and investment properties show double-digit growth in 2005.

 

Retire in style south of the border
New resorts in Mexican beach communities are attracting many American expatriates.

 

What is Fractional Ownership?
Fractional ownership is essentially partial ownership of a property. To understand fractional ownership, consider a large, expensive property that may be difficult to purchase and care for on your own. Instead of becoming the sole owner of the property, you purchase a share of it, as do 10 other people. Now, you can enjoy a million dollar property for 1/10th of the price!

 

Think You Can't Afford Your Dream Vacation Home? Think Again
There's a new trend in real estate coming that makes owning your dream vacation home  actually affordable.

 

What is Factional Ownership (2)?
Vacation home fractional ownership (sometimes also known as vacation home partnership or fractional co-ownership) is an arrangement where a group (most often complete strangers but sometimes family or friends) share the costs and use of vacation property. This type of arrangement can saves the individual group members hundreds of thousands of dollars.  

  Fractional Ownership 101
A simple introduction into fractional ownership.
  Fractional Ownership; More Than A Second Home
Fractional Ownership opportunities offer discriminating people refuge and enjoyment in a second home. The primary benefit of the Fractional Ownership programs across the country and around the world is that they provide a second or vacation home at a fraction of the cost of owning one in its entirety.
  6 Common Housing Problems that Spook Buyers
Potential home buyers with lots of homes to choose from can be easily spooked by disclosures and the results of property inspections — even when the shortcomings are typical for homes of a certain age.
 

Best way to buy home that needs repairs
Recently buyers who were in contract to purchase a home in asked the seller to credit them money in escrow. The money was to be applied toward repairs that were recommended in the course of the buyers' inspections.

  Things to know before buying a vacation home
Vacation-home sales rose 4.7 percent in 2006 to a record 1.07 million sales, according to the NATIONAL ASSOCIATION OF REALTORS®. The increased interest in buying vacation homes for personal use rather than rental is expected to continue throughout this decade.

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