we are dedicated to providing educational resources for real estate agents, lenders, home buyers and sellers to make the process a little easier to navigate.
A like-kind exchange is permitted under Section 1031 of the U.S. Internal Revenue Code if under some circumstances. However, there are several requirements that must be met.
The Foreign Investment in Real Property Tax Act (FIRPTA) regulation requires the Buyer of U.S. real estate interests owned by a foreign Seller to withhold 10-15 percent of the amount realized from the sale, unless certain exemptions are met.
Fraud in a real estate transaction has the potential to affect every participant. The best defense is vigilance and a determination to trust, but verify when suspicions arise.
There are various ways to hold title to property. This is a decision you will be asked to make before you can purchase your new home, and it has many legal ramifications that can affect you and your heirs.
Owner’s Title Insurance is one of the most important and affordable protections you can buy. For a one-time fee paid at closing, it protects you for the entire time you own the home.
The closing or sign-off of a real estate transaction may be delayed by a number of inadvertent missteps that can be prevented.