As would-be sellers become first-time landlords, experts warn of pitfalls and stress the need for preparation.
For the last five years, real estate agent Paul Sessum said his sellers' first two questions were usually: What's my home worth, and how long will it take to sell?
Improper installation or product sizing can get in the way of any instant energy savings. Before installing, consider all the specifications.
STEVE BROWNELL has a dim view of his tankless water heater, and he's in denial about his utility bills.
Dear Liz: I have read in your columns and elsewhere that people shouldn't spend more than 30% of their gross incomes on housing.
Owning instead of renting, even in the current climate, pays a financial dividend, the authors explain.
With home prices continuing to fall -- and expected by many experts to decline further before finding a bottom -- it's very easy to play that "woulda, shoulda, coulda" game and envision how life might have been different had you sold that home back in 2005 and run off with the profit to Tahiti.
The Housing and Economic Recovery Act doesn't only stave off foreclosures and help troubled lenders. First-time buyers, older homeowners and others also benefit.
Tax breaks for owning real estate are undergoing another shift, thanks to the Housing and Economic Recovery Act recently signed into law by President Bush.
But with few projects on the horizon, good deals that are available now may not last.
Saving up for a brand-new condo that's move-in ready? Just want to turn the key and unpack your boxes? Condominiums are a popular alternative to single-family homes because of their relative affordability and low upkeep. But with little construction on the horizon, there will be fewer newly built units to pick from down the road.
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| Brian Scott Ades |
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(310) 888-3743 |
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(310) 503-8080 |
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