by kramoltz@hotmail.com | Jul 9, 2018 | Selling Your Home
The Endowment Effect is the tendency of sellers to over value the things that they own. When combined with loss aversion instincts, the Endowment Effect can cripple the home sale process. An example of its impact was shown by an experiment where half of a group were...
by kramoltz@hotmail.com | Jul 5, 2018 | Animal Stories (mostly Dogs in the Military)
In the last days of the WWII, American soldiers captured a German spy with photos of beautiful white horses in his briefcase. They pictured the world famous Lippizzaner “dancing” horses, which were being kept on a farm behind enemy lines, in the future Russian...
by kramoltz@hotmail.com | Jul 2, 2018 | Home Buying, Home Ownership
Impact on Property. The effect of an easement can be generally regarded as positive or negative. A “beneficial easement” benefits the owner of the land subject to the easement, such as one which enables utilities to be supplied to the property. A “burdensome easement”...
by kramoltz@hotmail.com | Jun 20, 2018 | Taxes
Want to pay less tax on your real estate investments? A new community redevelopment program for economically distressed communities called Qualified Opportunity Zones (QOZs) offers significant tax benefits. One of the incentives works like a 1031 exchange, allowing a...
by kramoltz@hotmail.com | Jun 15, 2018 | Moving Tips
Things Not to Pack. Federal law bans moving companies from transporting “hazardous materials”. They also will refuse propane and oxygen tanks, weed killer and pesticides, gasoline tanks, ammunition, batteries, charcoal, pool chemicals, liquid bleach and nail polish....
