Buying/Selling Tips

  • Top 10 Factors to Consider Before Relocating in Retirement

    Many people relocate in retirement purely for lower taxes, but in reality, multiple aspects should be considered. Here are the TOP 10:1. Location: Do you want to live in an urban, suburban, or rural area? What region of the country? What country? What’s the economic trajectory of the region, the city, even the neighborhood, because

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  • New Co-op Application Review Timelines Take Effect July 28, 2026

    Beginning July 28, 2026, most cooperative (“Co-op”) buildings in New York City with 10 or more residential units will be subject to new review timelines under Local Law 58 of 2026. Acknowledgement of Receipt (Within 15 Days) Once a prospective purchaser/transferee or their agent submits an application: If the co‑op fails to acknowledge within 15

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  • From Public Policing to Private Defense: The New Luxury Standard

    Security measures once reserved for presidents and royalty—safe rooms, biometric access controls, laser-powered perimeter defenses—are now mainstream items in luxury homes. Executive-protection teams and armed guards patrol gated enclaves and suburban estates, while tech startups are rolling out predictive threat-detection systems built for the ultra-wealthy. The shift reflects a hardening view among the affluent: Traditional

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  • How Green Features Boost Home Value and Speed of Sale

    Energy-efficient homes typically sell faster and for higher prices, often commanding a 2% to 8% price premium. Features like solar panels, double-pane windows, and upgraded insulation appeal to cost-conscious buyers, with some eco-friendly homes selling up to 10 days faster than traditional homes.  (COMPASS) 2/2/2026

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  • Unmapped and Uninsured: The Growing Flood Threat Beyond the Coast

    Banks, builders, landlords and homeowners rely on federal maps to assess the risk of flooding, the costliest type of natural disaster in the U.S. Typical home insurance doesn’t cover flooding, so most mortgage lenders require separate coverage inside the U.S. government’s designated flood zones. But federal maps overlook millions of at-risk homes across the country—often

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  • Shorter Mortgage, Bigger Savings: The 15-Year Advantage Explained

    A $400,000 home at 6% interest will cost a buyer over $690,000 in total, and an FHA loan with a lower down payment results in a final cost of over $833,000. This is due to the way mortgages extend payments over 30 years, benefiting lenders while inflating home prices. While monthly payments are higher for

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  • U.S. Imposes Tariffs on Imported Cabinets and Furniture: What It Means for Homeowners

    The US Government is applying 50% tariffs/import taxes on imported kitchen cabinets, bathroom vanities, and associated products and 30% duties on imported upholstered furniture…..which may not help housing affordability. (COMPASS) 9/27/2025

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  • The SALT Deduction Isn’t Dead—But It’s Practically Irrelevant

    The SALT deduction is limited to an extremely small group of people: Before 2018 when the tax policies were revised, the SALT deduction — including state and local income taxes, and property taxes — was unlimited. But the alternative minimum tax reduced the benefit for some wealthy homeowners.You must itemize tax breaks, rather than claim

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  • A Window of Relief: Surviving Spouses and the $500K Home Sale Tax Break

    Surviving spouses can still take the entire $500,000 capital gains tax exclusion as long as they sell the home within 2 years of the death of their spouse. (WSJ) 9/14/2025

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  • From Home to Investment: A 1031 Exchange Could Save You Thousands

    If you rent your house rather than sell it, it becomes a business property. Selling via a 1031 “like-kind” exchange, allows you to defer the gain, rather than pay taxes immediately. Ultimately, when you sell the replacement property, you’ll be liable for capital-gains taxes then—unless you pass away, which allows your heirs to inherit the

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