The home buying and selling process can be difficult and complex, but a REALTOR® with the Dayton Area Board of REALTORS® can guide you effortlessly through the process.
In this section you will find a variety of articles and tips to help you as you prepare to buy or sell a property.
If you have more questions, we urge you to contact one of our many professional REALTORS®. Resources to help you find the perfect REALTOR® or other real estate-related services are just a click away!
FSBO -- an acronym commonly used by REALTORS® to describe a home that is "For Sale By Owner." You¹ve probably seen these words scrolled upon signs in front of homes around our community. Why do people try to sell their own homes? Good question.
Typically, the reason is to avoid having to pay a commission to a real estate agent. Is a FSBO a viable alternative for anyone wanting to sell a house? Probably not.
The most widely used purchase agreement in the Dayton area is the Dayton Area Board of REALTORS®’ (DABR) Contract to Purchase Real Estate.
Since the purchase of a home is usually the biggest single investment most people make in a lifetime, it does make sense to understand a document which legally binds you to make that investment. And certainly sellers need to understand this document as well.
Everyone thinks their home is the best. To coin a phrase: be it ever so humble, there is no place like "home." But it is equally true that most "homes" start with a house. And houses, unlike "homes," are bought and sold. They have a market value. So it behooves a seller, when placing their house in the market, to base the asking price on market realities.
At the end of one year and the beginning of another is the time to reflect back on all that we accomplished and encountered during the past 12 months. Included on that list should be financial activities undertaken that will impact our tax returns.
Current home owners are already aware of the tax advantages to be had through the buying, financing and good citizenry (i.e. paying taxes) of that residence. If you are considering getting into your first home this coming year, keep in mind these tax breaks you¹ll enjoy when tax time approaches.