Advice Topic:
Finance & Legal Info

Ask An Agent

Get answers from licensed real estate agents on buying, selling, loans, appraisals, contracts, and market trends.

Post a Question

Finance & Legal Info

116 questions found

Should I appeal my property taxes?

We're already paying a hefty sum every year in property taxes. And every year they're going up. Should I appeal my property taxes to try to get them reduced? Or do I just need to accept the increase in property taxes?

Asked by Brian | Chicago, IL | 05-15-2023 | 488 Views | Finance & Legal Info | Updated 2 years ago

Property value and taxes have gone way up?

We received our tax assessment and our property value went way up. This also means our taxes went up significantly. Do we have any recourse to fight the increase in property taxes? We live in Illinois.

Asked by Michael | Frankfort, IL | 05-15-2023 | 679 Views | Finance & Legal Info | Updated 2 years ago

Invest or pay off mortgage?

I have a low-interest rate on my house thanks to the recent years of low-interest mortgage rates. Is it better to pay an extra $200/month to pay down my mortgage or should I take that money and invest it?

Asked by Garrett | Alexandria, VA | 04-24-2023 | 1,021 Views | Finance & Legal Info | Updated 2 years ago

Do you pay taxes when you sell a house?

Do you pay taxes when you sell a house?

Asked by Charlotte | Buffalo, NY | 03-27-2023 | 916 Views | Finance & Legal Info | Updated 3 years ago

Can I use my 401K to buy a house... (if so should I?)?

Can I use my 401K to buy a house? Should I use my 401K to buy a house? First time home buyer and I need additional cash for the downpayment. I have decades before retirement and I'm thinking of using my 401K for the downpayment.

Asked by Brent | St. Louis, MO | 03-20-2023 | 873 Views | Finance & Legal Info | Updated 3 years ago

Who pays realtor fees with a for sale by owner house?

Who pays real estate agent fees with a FSBO house?

Asked by Todd | Alexandria, VA | 03-06-2023 | 1,596 Views | Finance & Legal Info | Updated 3 years ago

When selling and buying do I pay closing costs on both?

Selling one house and buying a new one... do I pay closing costs on both homes? Do I pay different closing costs for each home? How are they different?

Asked by Evelyn | Marinette, WI | 03-01-2023 | 1,620 Views | Finance & Legal Info | Updated 3 years ago

What's in the closing costs?

I bought a place before and feel like I paid a bunch of money for closing costs, but didn't know what it was for. I'm hoping to sell and buy a different place this spring, but I want to understand what I need to pay and make sure I have enough money for it.

Asked by Henry | Bentonville, AR | 03-01-2023 | 703 Views | Finance & Legal Info | Updated 3 years ago

How are commission rates split?

So, the seller usually pays the commission for both agents, right? Who determines the commission rate for the buyer's agent? Can the seller's agent get 2.5% and the buyer's agent get 2%? Or is it always split evenly?

Asked by Tony | St. Louis, MO | 02-27-2023 | 1,343 Views | Finance & Legal Info | Updated 3 years ago

What to pay attention when reading real estate agreement?

What should I pay attention to when reading a real estate agreement or contract? There's so many pages and so many details, I don't know what to look for or what's important.

Asked by Charlotte | Augusta, ME | 02-22-2023 | 1,147 Views | Finance & Legal Info | Updated 3 years ago