by kramoltz@hotmail.com | Jan 10, 2018 | Home Buying, Title Insurance + Escrow
In Part 1 I discussed the protection title insurance provides after closing. But did you know that when buying a home the title report is an important part of your due diligence? The report shows what matters affect the title of the home and what will be excluded from...
by kramoltz@hotmail.com | Jan 5, 2018 | Taxes
1. Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Plans to make it much harder to qualify...
by kramoltz@hotmail.com | Dec 28, 2017 | Home Buying, The Attorney-Broker Advantage
Arizona’s residential purchase contract form is a minimum of 9 pages. There are a multitude of blanks that must be filled in to complete it. Generally there are 3 separate parts to the contract: price, terms and conditions. The gross purchase price occupies just one...
by kramoltz@hotmail.com | Dec 20, 2017 | Taxes
A 1031 exchange is a method to defer the payment of capital gains tax on commercial property. It involves a sale procedure where an owner sells a property and reinvests all of the sales proceeds into a new one, using a third party intermediary to complete the...
by kramoltz@hotmail.com | Dec 14, 2017 | Home Buying, Selling Your Home
Leased solar panels interfere with and sometimes not only prevent sales, but also can scuttle closings. Buyers that sign a contract to buy a home with leased panels will need to qualify to take over the lease. If the solar company decides the buyer doesn’t qualify,...
