Finding The Right Home

Buying A Home While Selling A Home: The Advantages Of A 1031 Exchange

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Whether you’re trying to up-size, down-size, or just move, you may be in the position of trying to buy a home and sell a home at the same time. This is a situation so common that there’s a special process for doing it: a 1031 exchange. Here’s what you need to know about transitioning one property type to another. What is a 1031 Exchange? In a 1031 exchange, you sell a property while purchasing a property of the same type.…

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Things That Can Delay Closing On A New House

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If you are buying a house and have a deal worked out with a seller, you should figure on spending at least a month waiting to close on the house. It takes a good month for the lender to complete all the necessary steps of the process, but it can take longer if there are delays. While there may be certain things you can do or fail to do that will create delays, but delays can also occur from things that are out of your hands.…

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What Is Escrow With A Home Loan And How Does It Work?

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First-time homebuyers need experienced real estate agents to help them through the steps of buying a house, and one of the things a good agent will do is answer all the questions the homebuyer has. One question many first-time homebuyers have involves escrow. When you get a loan to buy a single-family home, your lender is likely to require an escrow account, and there are several things you should know about this.…

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