Blog
Do I Pay Taxes on an Inherited House?
If you’ve recently inherited a house or property, chances are it’s due to a loved one passing away — in which case, you’re probably in the throes of all kinds of emotions. Aside from your grief, you’re also facing daunting decisions about how to handle the estate… and...
What does “we buy ugly houses” mean?
If you live in Tampa, FL, you’ve probably seen online ads, fliers, or even the signs nailed to utility poles: “We Buy Ugly Houses,” “We Buy Junk Houses,” or “We Buy Ugly Houses for Cash” followed by a phone number. But what do these companies mean by “We Buy Ugly...
Can I sell my house in pre-foreclosure?
The last few years have brought unprecedented challenges for many — and many homeowners in the US have struggled to make their mortgage payments. If that’s the case for you, you may have gotten a letter from your lender letting know that your property is in...
Selling a House Under Market Value
Selling a house is usually considered a profit-generating activity — where sellers hope to recoup as much money as possible. So why would you consider selling property under its market value? It might sound counterintuitive, but there are plenty of reasons selling...
How fast can you close on a house?
Every day, people are faced with having to sell an inherited home, a distressed house, or an old or unwanted investment property. You may find yourself in the midst of sudden life changes, such as a new job or a family emergency, which can mean having to pack up and...
How Does Foreclosure Affect Your Taxes?
Foreclosure is a legal process where a mortgage lender or bank takes possession of a property because the property owner failed to make their monthly mortgage payments. Obviously, it is one of the worst things that can happen to anyone who owns a house. Many...
Selling Divorce Property: What You Should Know
You're getting a divorce, and you want to sell your house fast. What should you know about selling your house before you start selling with an agent? Selling Your Property During an Amicable Divorce During an amicable divorce, you can sell your house fast. You just...
Negative Cash Flow vs. Selling at a Loss
You own a house that costs you $2,500 a month between the mortgage, insurance, property taxes, and maintenance expenses. But in your area, the house won’t rent out for more than $2,000 a month. And if you sold the house now, you’d take a loss because you owe more on...
Seven Tips for Getting Out of Debt Quickly
Owing money and having debt is not pleasant at all. However, statistics show that most people in the United States have debt, and the average debt load for Americans (including mortgages and car loans) is over $132,000. Debt is stressful, so people obviously want to...
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