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What Are Rent-to-Own-Homes

Details: Rent-to-Own Homes: The Pros. In the best cases, rent-to-own homes deliver a variety of benefits: You only move once. If you’re ready to move but can’t afford a mortgage, a rent-to-own house can save you a round of moving costs. Rather than move, rent, buy and move again, you only move once. Build up a down payment.

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7 Zombie Proof Survival Homes SmartAsset

Details: According to AOL Real Estate there is a bit of a boom occurring in the survival home real estate market. What are survival homes exactly? They are properties or homes usually far enough from populated areas, and main roads that they are essentially off the grid.

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Where to Buy: Price-to-Rent Ratio in 84 U.S. Cities

Details: National and city price-to-rent ratios rise and fall over time depending on the state of the housing market. In the years before the housing crisis, as the housing market heated up, the national ratio rose from 22.73 (in 2005) to 24.50 (in 2007). After the real estate market turned, home prices fell and rentals grew more expensive.

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Most Affordable Beach Towns

Details: Investing in property is a big decision, whether you are the one ultimately moving in or renting it out. Be certain of whether you’re ready to buy rather than rent. Get clarity on how much you can afford. Especially if your beach house is a second home, …

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Where Millionaires Are Buying Homes

Details: Overall about 9,040 homes were bought here in 2016, and 158 of those homes were purchased by households earning at least $999,000 per year. Even residents earning $1 million per year took out sizable mortgages in this metro area. The average household earning at least $1 million per year took out of a mortgage of $3.06 million. 2.

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Reducing Capital Gains Taxes on a Rental Property

Details: So, for 2020, the maximum you could pay for short-term capital gains on rental property is 37%. Long-term capital gains tax rates are set at 0%, 15% and 20%, based on your income. These rates apply to properties held for longer than one year. If you own rental property as an investment year over year, you may be more likely to deal with the

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Cheapest States to Buy a Home

Details: The median value of the bottom one-third of homes is $70,800, the fifth-lowest amount for this metric in the study. Mississippi residents do pay a bit more than some to their state, with an effective property tax rate of 0.78%, 18 th-lowest overall. However, the state still ranks within the top 10 of the study for median listing price and

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Hardest Places to Buy a Home in America

Details: Inventory: average houses on the market monthly for every 10,000 households. Data on number of homes for sale comes from Zillow and is for the average in a given month during 2019. Data on the number of households in each city comes from the Census Bureau’s 2018 1-year American Community Survey. Pricing: median price cut.

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The Best States to Buy Foreclosed Houses

Details: In order to find the best states to buy a foreclosed house, we looked at data for all 50 states. Specifically, we looked at data on foreclosure rates, the percent of mortgages which are delinquent, changes in home values, population and housing stock, the average process period for a foreclosure and the redemption laws in each state.

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How Long Does It Take to Sell a House

Details: Just keep in mind that there’s more than one way to measure how long it takes to sell a house. Besides the number of days that a single home stays on the market, you may want to consider the average age of all homes for sale in a market. Another factor is how long it takes to sell all the available homes within a market.

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Colorado Retirement Communities The Best 55 & Over

Details: Located in Thornton, the community was built by Boulder Creek Neighborhoods between 2015 and 2018. Homes in this community are detached, and a monthly fee covers outdoor maintenance. The houses range in size from 1,295 to 1,617 square feet of living space. Each home has one to two bedrooms, two bathrooms and an attached two-car garage.

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Delaware Retirement Communities The Best 55 & Over

Details: The homes in Crossings at Christiana are all located on cul-de-sacs or tree-lined streets, so you’ll feel just like you’re in the old neighborhood. Houses range from 1,575 to 1,925 square feet and have two bedrooms, two or three bathrooms and a one-car garage attached.

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5 Reasons Why Your First Home Should be an Investment Property

Details: There are plenty of distressed homes for sale. Buying one would allow you to own an investment for significantly less than market value, especially as prices begin to rise. Before buying any property, however, it’s important to make sure you purchase a house that you can afford. 3. You’ll Have Another Source of Income

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Best School Districts to Buy an Affordable Home

Details: Key Findings. There are many high-performing, affordable school districts in Texas. Six of our top 10 school districts to buy an affordable home are in Texas.They include the following Independent School Districts: Plano, Georgetown, Denton, Round Rock , Lewisville and Wichita Falls.

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The Most Affordable Beach Towns in 2018

Details: Homes in Ocean Springs are pretty affordable. The median home is valued at $151,500, according to Census Bureau data and median monthly housing costs are $920. Property taxes, while low nationally, are relatively high for this top 10. The average homeowner pays almost $1,300 per year in property taxes, the highest mark in our top 10. 7

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Flipping Houses for Profit: A Beginner's Guide

Details: Reality shows have made flipping homes quite popular, and there appears to be some merit to it. In fact, according to ATTOM Data Solutions, the average gross profit for house flipping was $62,300 in the first quarter of 2020.

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Best States for Homeowners

Details: With mortgage rates falling and a renewed emphasis put on living space during COVID-19, U.S. home sales have boomed. Data from the National Association of Realtors shows that sales of previously owned homes increased by 20.7% over the month of June and rose an additional 24.7% during July. Meanwhile, based on the Census’ Survey of Construction, sales of new homes increased …

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The Most Affordable Beach Towns in 2019

Details: In terms of raw affordability, Port Arthur is up there with the best. The average home here has a value of $64,300 and a monthly cost of less than $600. But the relatively high property taxes and small homes hurt Port Arthur’s ranking. Property taxes in Port Arthur are fairly high for its value, and the average home has fewer than six rooms. 5.

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Short Sale: Everything You Need to Know

Details: Buying a Short Sale Home. From a buyer’s perspective, purchasing a short sale house could seem like a great idea. Short sale homes are generally less expensive than other houses and a short sale property is likely to be in a better state than a home that has gone into foreclosure.

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Retirement Communities in Maryland

Details: As far as real estate options go, the community boasts condos, as well as attached and single-family homes. Single-family homes with two-to-four bedrooms range from 1,590 to 2,977 square feet. Attached homes span from 1,165 to 2,133 square feet with one to three bedrooms. Single family and attached homes have attached garages.

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Where It Pays Off to Negotiate on Home Price

Details: Baltimore, Maryland ranks in the top 20 of all 150 cities for both the percentage of listings with a price cut and the median price reduction of those listings. According to data from Zillow, over a 12-month period spanning from July 2018 to June 2019, an average of 20.31% of homes for sale had price cuts, and the median price reduction for those listings month-over-month was 3.80%.

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South Carolina Retirement Communities The Best 55 & Over

Details: Your real estate options include single-family homes that offer space stretching from 1,500 to 3,500 square feet of living space. Sun City Hilton Head. Price Range: High $100ks – Mid $700ks Number of Homes: 8,200 Age Restrictions: None

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Hardest Places to Buy a Home in America

Details: Inventory: average houses on the market during a month for every 10,000 households. Data on number of homes for sale comes from Zillow and is for the average in a given month during 2020. Data on the number of households in each city comes from the Census Bureau’s 2019 1-year American Community Survey. Pricing: median price cut.

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How to Sell Your House

Details: Choosing a Real Estate Agent. Just because you want to sell your house quickly doesn’t mean you shouldn’t be thorough. If you fail to be comprehensive, you might leave money on the table. This is why the objective views of real estate agents are often welcomed by sellers. In fact, most homes are sold with the help of real estate agents.

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Cheapest States to Buy a Home -- SmartAsset Blog

Details: Arkansas’ homes have the second-lowest median listing price in the entire study, $179,900. The state also has the third-lowest median listing price per square foot, at $101.19, and the fourth-lowest median value in the bottom third of home values in the state, at $55,000. The effective property tax rate in Arkansas is 0.61%. 3. Alabama

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5 Cheap and Easy Ways to Boost Your Home's Value SmartAsset

Details: Rebecca Lake Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at …

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So, You Want to Invest in Real Estate… SmartAsset

Details: Buying a Rental Property. The most traditional way to make money as a real estate investor is by buying a property and renting it out to a tenant. With a down payment of at least 20 percent, it is easy to get a mortgage for this type of property, as …

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Where Are Millennials Buying Homes

Details: To find the cities where millennials are buying homes, SmartAsset examined data for 200 of the largest cities in the U.S. We considered two metrics: 2018 millennial homeownership rate. This is the percentage of millennial households who own their homes. For this study, we defined millennials as those under the age of 35.

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The Best Cities for Multi-Generational Households

Details: In fact, young people moving back to their parents’ homes are driving the trend. Aside from economic factors there are cultural factors at work, too. Asian-American and Hispanic families are generally more likely to favor multi-generational households.

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How Much House Can I Buy for $350,000

Details: Zillow says Indianapolis homes have a pretty low median price per square foot – so you can buy a well-appointed home in the Speed City for relatively cheap. Here’s what $350,000 gets you: Here’s what $350,000 gets you:

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5 Tips For Renting Your Home SmartAsset.com

Details: People choose to rent their homes for a variety of reasons. Maybe they were temporarily relocated by their employer or their relocation was so fast, they didn’t have time to sell. When the housing market crashed, a new wave of landlords emerged. Many people found themselves upside down in their homes, but needed to move anyways.

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How to Buy Investment Property

Details: Buying and renting: You could buy a single-family home as a second home and rent it out. You could also buy a multi-unit property and rent out individual units. In either case, you’re responsible for maintenance, repairs, collecting deposits, and handling background checks for tenants.

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How to Retire in Jamaica: Cost of Living, Healthcare

Details: This is due in large part to the affordable real estate prices. While you can certainly find multi-million dollar homes in some parts of Jamaica (for instance, Montego Bay), property on the whole is much cheaper than in the U.S. If you’re looking to live on the coast, houses in port towns like Ocho Rios or Port Antonio are typically less than

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Why Green Houses are Worth More SmartAsset

Details: Beyond basic energy-saving steps, consumers are now demanding greener homes. Often they want entire communities with resource efficient, environmentally sound features. Since green properties have an increased value to customers, energy saving buildings are more attractive for buyers , sellers and businesses.

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Real Estate Agent Types: Which Do You Need

Details: Real estate agents are employed by a real estate broker and are not allowed to work independently. Generally, a real estate agent can act on behalf of the buyer, the seller or both. A buyer’s agent represents your interests throughout the home-buying process, from finding the right house …

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How the Twitter IPO Will Soon Affect San Francisco Real Estate

Details: Even though the median household income is higher in San Francisco ($78,840) than in Austin ($59,433) – which means the typical San Francisco family can afford a more expensive home – only 14% of the homes for sale in San Francisco are within reach of its relatively well-paid middle class, versus 50% of the homes for sale in Austin.”

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Arizona Retirement Communities The Best 55 & Over

Details: Real estate options include ranch-style homes and villas. They range from 1,404- to 1,863-square-foot homes. Trilogy at Vistancia. Price Range: High $200ks to High $1ms Number of Homes: 3,300 homes Age Restriction: 55+ Trilogy serves as a luxury retreat for retirees in Peoria.

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Is Buying a Short Sale or Foreclosed Home the Right Move

Details: Pros and Cons of Buying a Distressed Property. The biggest advantage of buying a foreclosure or short sale is the cost. Depending on the market conditions in your area and the type of property you’re looking at, you may be able to save tens of thousands of dollars compared to buying a non-distressed home.

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Is Now a Good Time to Buy Real Estate Overseas

Details: The housing and commercial real estate markets are only experiencing the first shock waves created by the vote and things could get worse. If you’re thinking of investing in real estate in the UK or anywhere else overseas, it’s best to have a plan for how you’re going to use the property. Will you rent it out to local residents?

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How Much House Can You Buy For $350,000

Details: In an effort to level the playing field, and paint a better picture of the current real estate market, we will be showcasing homes in the $350,000 range across the United States. This week, with the help of our good friends at Zillow, we dug into recent real estate listings around SmartAsset’s hometown of New York City.

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House or Condo: Deciding Which One Makes Sense for You

Details: Both single-family homes and condominiums have fallen in value since the housing boom fizzled. But as Orman writes, from 2007 through 2010, the national median price of condos has dropped 24%. During the same period, the national median price of single-family homes dropped by a lesser 22%.

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Where Are Millennials Buying Homes

Details: In fact, in 21 of the largest 200 U.S. cities, the homeownership rate for adults under the age of 35 has increased over the past decade. Despite the late-2000s housing crisis, which drove many potential buyers away from the market, millennials in these cities are buying homes at greater rates than young adults were 10 years ago.

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Where Women Are Buying Homes in the U.S.

Details: Women buying homes here earned about 79% of what men buying homes earned. 10. Rochester, Minnesota. One of the best places for working women is also one of the places where women are buying homes the most. Of the 1,735 homes bought in Rochester without cosigners, 814 went to females and 921 went to males.

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