Author Archives: mgutman

Capital Gains When Selling Your Home

Are you considering selling your home? Here are some things you should know before you start the process.   Understanding Capital Gains When Selling Your Home A consideration when selling your home is how the process may result in capital gains taxes. This is the tax collected on the profit from selling a property. The Capital Gains When Selling Your Home

Navigating Wire Fraud Risks in Real Estate Transactions

Wire fraud in real estate transactions is something that all home buyers and sellers should be aware of. It involves scams that use electronic communications to deceive individuals into transferring funds to the wrong bank account. With technological advancements, this crime has become more common in recent years. Particularly in real estate, where large sums Navigating Wire Fraud Risks in Real Estate Transactions

Appraisals: What are They And What are the Issues with Waiving Them?

As a homebuyer or seller, you may have come across the term “appraisal” in the real estate world. But what exactly are appraisals, and why are they important? Let’s delve into the basics of real estate appraisals and explore the issues with waiving them.   What are Appraisals? Real estate appraisals are assessments conducted by Appraisals: What are They And What are the Issues with Waiving Them?

Condos vs. Townhouses

When it comes to buying property, one important decision you may have to make is whether to choose a condo or a townhome. Both options offer unique advantages and disadvantages, and understanding the key differences can help you make an informed decision. Let’s explore the pros and cons of condos and townhomes, as well as Condos vs. Townhouses

The Importance of Home Inspections

If you plan on purchasing a new home, obtaining a home inspection before closing the deal is crucial. Home inspections can help you identify any potential problems or issues with the property that could cost you time, money, and stress. Read on to learn more about the role a home inspection plays in the home-buying The Importance of Home Inspections

Do Millennials Make Up The Largest Share of Homebuyers In New Jersey?

Millennials have been shaking up the real estate industry in recent years. Defined as those born between 1981 and 1996, millennials are now the largest group of homebuyers in the United States. In New Jersey, they are certainly making their mark in the real estate market.   How Many New Jersey Homebuyers are Millennials? According Do Millennials Make Up The Largest Share of Homebuyers In New Jersey?

What is Escrow?

Through the course of any real estate transaction, you’ll hear the term “escrow” quite a bit. But what is escrow, and what do you need to know about it? Here is information to help you understand some of the basics.   The General Definition of Escrow In simple terms, escrow is a legal arrangement where What is Escrow?