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Jun 22, 2021 · Why Understanding Zoning is Important for Real Estate. Zoning laws are a key part of how land and buildings are utilized in cities or towns. These laws allow the local governments to try and achieve a city layout that fits the mold of development they wish to see and ensure varied property types can coexist. Their goals can include: Zoning is a ...
Jan 18, 2024 · An ADU can be: a newly constructed stand-alone structure. a home addition that creates a separate living quarter. conversion of an existing space such as garage or basement into a separate dwelling. We commonly hear ADUs called other names, including in-law apartment, granny flat, casita or backyard cottage. Once common prior to World War II ...
Apr 11, 2024 · The fee typically comes out of the proceeds from that sale, though you can negotiate the amount with your agent. The average listing fee is 2.83% of the final sale price. Listing fees are usually half of the total real estate commission included in a sale (typically 5–6%), with the other half going to the buyer's agent.
Apr 26, 2024 · A typical real estate owned (REO) listing has failed to sell during the foreclosure process and is now owned by a mortgage lender, bank or the mortgage investor. Buying an REO property is done through an REO agent or an auction platform. Properties are sold “as is” and often discounted to sell as quickly as possible.
Apr 3, 2024 · Artificial intelligence (AI) is the theory and development of computer systems capable of performing tasks that historically required human intelligence, such as recognizing speech, making decisions, and identifying patterns. AI is an umbrella term that encompasses a wide variety of technologies, including machine learning, deep learning, and ...
Nov 29, 2023 · A 1031 exchange, also known as a like-kind exchange, is a powerful tax-deferment strategy popular with experienced real estate investors. It allows you to defer capital gains taxes on an ...
Mar 20, 2024 · A home equity line of credit (HELOC) is a line of credit that uses the equity you have in your home as collateral. The amount of credit available to you is dependent on the equity in your home ...
