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What is the difference between closing costs and pre paids?

What is the difference between closing costs and prepaids? And what about credits? How do all these affect what I pay for a house?

5 Answers

What is better a 15 or 30 year mortgage?

What is better a 15 year mortgage or a 30 year mortgage? Or if one is not better, what's the advantages or disadvantages of a 15 year mortgage or a 30 year mortgage?

5 Answers

What is capital gains tax?

What is capital gains tax? Who pays a capital gains tax? What paperwork should I have or save for year end taxes?

11 Answers

What is house hacking?

I've heard of house hacking. But what is house hacking? And I supposed I should ask if it's worth it??

12 Answers

What is the best way to sell my furniture with my house?

I'm moving out of the country. I want to sell my furniture when selling my house. What's the best way to do this? I'm concerned about including it in the purchase price. I also don't want to deal with the hassle of selling off everything individually.

6 Answers

Do low commission realtors do less for you?

Do low commission realtors do less for you or offer less services? I would understand if something got cut out with a lower commission, I'm just wondering what would get cut. Or if our house would sit on the market longer or we'd get a lower price when selling.

12 Answers

What are the tax implications for selling a house?

What are the tax implications for selling a house? When selling a house do I pay state and federal taxes? If I buy another house can I avoid taxes?

5 Answers

Can I sell my half of a duplex?

Hi. Can I sell my half of a duplex without my neighbor selling? They were initially marketed as one unit, but are now deeded separately. Should I alert my neighbor before I list my duplex for sale?

6 Answers

What neighborhoods are safe in Chicago?

Hi. I'm planning to move to Chicago. I'm single, in my 20's, and wondering what neighborhoods in Chicago would be safe or safer than others. Also, need it to be affordable. Still paying off those college loans!

4 Answers