Did you know that you have the option to sell your property without listing the property for sale to the general public? At Pomerleau Realty Group we understand not wanting the world to know about your property being for sale. We have ready and willing buyers that are ready to make a purchase now. Are you thinking about selling, but don't [...]
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership [...]
Are you a buyer that is frustrated by multiple offers in the current real estate market? Consider using an "Escalation Addendum" to submit with your offer. Let's take a look at and explain what an Escalation Addendum is:
Escalation Addendum- Part of a purchase and sale agreement for an offer to purchase property. Using the addendum above; [...]
Is the buyer of your property getting a mortgage? What if the appraisal for their mortgage comes in lower than their offered purchase price?
If your broker states that your property could potentially appraise for close or lower than the purchase price, you could ask the buyer to cover any gap in the appraised value in the Purchase and Sale [...]
When beneficiaries inherit assets, those assets generally receive what's called a "step up"in basis. Understand how this saves beneficiaries taxes on appreciated assets.
Capital gains taxes are taxes that you need to pay when you sell an asset that has gone up in value. You are taxed on the difference between what you bought the asset for (called [...]
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