5 Seller Refunds That May Be Available After You’ve Sold Your Home
Sold your house? Don’t forget these refunds that may be available to you: Escrow refund If you had a mortgage on your home and you escrowed your property taxes and homeowners’ insurance, you are entitled to any overage amounts left in your escrow account. If you do not receive your overage between [...] Read More
The Property Disclosure Exemption Form After Valobra v. Nelson
Those in the real estate business will notice that the Louisiana Real Estate Commission has given a makeover to the Property Disclosure Exemption form (PDD) that a Seller must complete. These changes are in response to a case now on its way to the Louisiana Supreme court: Valobra v. Nelson. The property at issue was [...] Read More
How Can I Pay Off My Mortgage Earlier?
Paying off a mortgage and officially owning your home is a liberating feeling. You no longer have to worry about the stability of your future when it comes to housing. It can take decades to pay off a mortgage, but those who want to quicken the process can follow these three tips. Pay extra each […] Read More
1031 / Tax Deferred / Tax Free Exchange
Generally, when you sell real estate held for investment or business use, you have to pay tax on the gain from the sale of your property of the Internal Revenue Code allows you to defer paying capital gains taxes. A 1031 Exchange is not a tax loophole. It is a code section written by Congress specifically […] Read More