searchvahomescom: Condo Purchasing Guidance For Fairfax County Home Buyers
- 02/01/15 08:17 AM
Purchasing condominiums can be different from buying single families. There are more things to review. This article provides condo purchasing guidance for Fairfax County home buyers. How Condos Differ From Single Family Real Estate Condominiums are complexes with more than one unit with shared common areas such as land and hallways. Shared components belong to the association and every unit maintains a percentage interest in it. The exact percentage is typically based on the unit size and the total units in a complex. Individual owners are financiallyresponsible for maintenance of the interior of their own unit but share the cost … (0 comments)
searchvahomescom: Benefits Of 1031 Exchanges In Virginia
- 01/14/15 02:30 AM
A 1031 exchange is a method for deferring taxes when selling one property and purchasing another. It applies to real estate used for business or investment purposes. When executed properly, it may result in dramatic savings. This blog details the benefits of 1031 exchanges in Virginia. Types of Properties that Qualify You must own a qualified property in order to consider a 1031 tax deferred exchange. Qualified properties are those used in a business or for investment purposes. They may be rental, land, residential, industrial, and commercial real estate. You must also purchase new like-kind real estate that also meets the … (0 comments)
searchvahomescom: For Sale By Owner Dangers In Virginia
- 01/14/15 02:24 AM
When it comes time to sell real estate, sellers sometimes consider not using a real estate agent. Similar to home repairs, taxes, and other tasks, it can be possible to do it yourself but often it may end up costing more due to mistakes made in the process. Technique, resources, and experience are important, especially with selling such a high-priced item. Below are for sale by owner dangers in Virginia that homeowners should consider. Proper Pricing Establishing the right price will mean the difference between your real estate selling quickly or not selling at all. Many sellers make the mistake of … (1 comments)
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