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5 Down Payment Misconceptions to Share With Clients

Atlanta-based Down Payment Resource, the nation’s only databank for homebuyer programs, released its Homeownership Program Index late last year. The index revealed the wide range of homeownership opportunities available for homebuyers across the country. However, home surveys, including one by NeighborWorks America, show that consumers have the desire to buy, …

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Foreign Seller? FIRPTA Witholding Tax Goes To 15% For High End Homes

international home selling

FIRPTA, the Foreign Investment in Real Estate Property Tax Act was created by Congress in 1980 to avoid foreign home sellers from making a profit on their U.S. home without paying U.S. taxes. According to FIRPTA, 10% of the sale price would be held for taxes. Usually, the settlement agent …

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"How did you get my name?" Easy marketing from just one question

By asking prospects this simple question, you’ll learn if your hard-earned marketing dollars are working. I used to throw thousands of dollars at print and online ads for my real estate business, believing they’d give me exposure and bring more clients through the door than I could handle. I watched …

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Do's and Don'ts of Appraiser Communication

Real estate professionals and appraisers both play an essential role in the process of buying or selling a home. It is critical that these two parties work together to ensure that an appraiser provides an independent, impartial, and objective opinion of value that accurately reflects the marketplace. However, we often …

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How to handle unrealistic seller pricing on a home for sale

This article was previously authored by James Vasquez (owner of www.housebuyersanantonio.com) and published on Inman.com. As agents, in the course of preparing to meet with a homeowner, we can sometimes spend hours running comps to put together an accurate comparative market analysis (CMA) on the property. So, we get pretty good at determining …

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