Re: Estates & Inheritance tax, Did you Know the fourteen states and the District of Columbia impose an estate tax while six states have an inheritance tax. Maryland and New Jersey have both. Washington state's 20 percent rate is the highest estate tax rate in the nation; ten states and DC are next with a top rate of 16 percent.
Estate Tax: DC, MD, WA, OR, MN, IL, NY, ME, MA, CT, NJ, HI, DE, and RI

Inheritance Tax: MD, NJ, NE, IA, KY, PA

Imposes both Taxes:...

Homebuyers... be advised that a great Buyer's Agent will be sure to check the comparables in the area to confirm the market value of a home BEFORE you write an offer on a property. This will ensure that you will not pay more than what a property is worth in today's market. Furthermore, running comps will also help you to determine exactly how much money you need to borrow to purchase the home.

You’ve heard the saying, “All that glitters ain’t gold.” Meaning that not everything that looks precious turns out to be so. Well that same concept can be applied to falling in love with a home at first sight. Just because the home itself may be irresistible and fully upgraded from roof to crawl space, doesn’t mean that the community is just as ravishing. In fact, the sad truth is that sometimes people unknowingly pay top dollar to live in a ruthless neighborhood all because they failed...

Q: If I sell my house for $300,000 will I get $300,000 at settlement?

A: There are several fees and obligations that the selling must take care of prior to collecting the proceeds from the sale of a home. The biggest deduction from the proceeds will be your current mortgage (no matter how many mortgages you have) the amount(s) will be deducted from the proceeds. Additionally, you will have to pay the state taxes; the broker/commission fees (the commission amount can be split 4 ways...

The term "eye candy" describes something that is very attractive or aesthetically pleasing to look at. Like it or not, buyers are greatly attracted to eye candy homes that are desirable to look at and have all the bells and whistles sort of speak including new floors/carpets, modern appliances, fancy fixtures, new paint, and other upgrades. Basically, out with the old and in with everything new. Some agents even believe that even in the worst of neighborhoods, eye candy homes sell faster...