Most home buyers encounter flipped homes during their search. Flipping is when an investor (the “flipper”) purchases a distressed, dated, damaged, or otherwise inexpensive property to renovate and resell. This can be very lucrative for the flipper. But is it a good deal for the buyer? Flippers are not created equal. I purchased my first […]
Beware the Flipping Flop
Financial Markets and the Housing Market
To Keep It or Let It Go?
It’s (hopefully!) a short week-before-Memorial-Day for you, so let’s tackle a serious subject before getting onto a great long weekend! Divorce. Specifically divorce and houses. I’ve handled plenty of situations involving divorces and real estate. Divorces are already traumatic enough for everybody involved, but having real estate only complicates the matter. In “Divorce and Money: […]
Tax Tips for Homeowners
IRS CIRCULAR 230 DISCLOSURE: Pursuant to requirements imposed by the Internal Revenue Service, any tax advice contained in this communication (including any attachments) is not intended to be used, and cannot be used, for purposes of avoiding penalties imposed under the United States Internal Revenue Code or promoting, marketing or recommending to another person any […]