Question: Does it make any difference whether we close on our new house before or after January 1? Answer: If this new home will be your primary residence, then, yes, it does make a difference. If you own your house as of January 1, you will qualify for the homestead exemption. What does that mean?
Question: What is an option fee? How is it different from earnest money? Answer: Earnest money is an amount agreed on in your home-purchase contract that you pay soon after the contract is signed by all parties. It is typically about one percent of the agreed-upon price, although it can be more if you want
Question: Our kids are grown and have moved away, and we no longer have any use for our backyard pool. We’d prefer to stop paying for its upkeep and get rid of it altogether. Do people do that? Answer: Yes, they do. But just filling the pool with a couple dump-truck loads of dirt is
Question: I understand the concept of curb appeal, but I don’t want to spend the money to have my house entirely repainted. What else can I do to make it look good? Answer: You know what they say about getting just one chance to make a first impression, right? Curb appeal is very important. It’s
Question: We’re thinking of adding a swimming pool to our backyard. Will that add to or detract from its appeal when we sell the house? Answer: It depends on the market. If half or more of the homes in the neighborhood have a pool, then it’s a positive thing. And for buyers with teenagers, a