Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho September 4, 2019

6 Smart Ways Hardware Can Upgrade Your New Home

Decorating and putting the finishing touches on your new home is definitely one of the most fun parts of moving. It's satisfying to fill your new home with furnishings and décor choices that reflect your personality and lifestyle. One of the most overlooked aspects of decorating is the hardware. However, hardware changes can dramatically transform your home in unexpected ways. Here are some ideas to use. Install A New Door Knocker If your new home has a door knocker, replace it with a new … [Read more...]

Filed Under: Real Estate Tagged With: Home Decor, Home Improvement, Real Estate

Bob Ramalho September 3, 2019

What’s Ahead For Mortgage Rates This Week – September 3rd, 2019

Last week’s economic news included  readings on home price trends, pending home sales and weekly readings on average mortgage rates and first-time jobless claims. The University of Michigan also released consumer sentiment report. Case-Shiller Reports Slower Home Price Growth in June According to Case-Shiller Home Price Indices for June, home prices gained an average of 2.10 percent year-over-year. This was the slowest growth of home prices since 2012. Analysts said that home prices … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Bob Ramalho August 30, 2019

The Importance Of “Rights” When Buying A Property

When buying real estate there are certain standard rights usually included, unless the property has an encumbrance that in some way causes an exclusion as noted in the sale.There are also additional rights that may or may not be in the sale, which may represent significant value. Standard Real Estate Ownership Rights The standard rights conveyed to the owner of the title deed for a property include: Possession: Possession is a legal word for ownership. Possession occurs after closing on the … [Read more...]

Filed Under: Real Estate Tagged With: Property Rights, Real Estate, Title

Bob Ramalho August 29, 2019

What Is A 1031 Tax Exchange?

A 1031 tax exchange is a legal way to defer paying capital gains when selling a property and then buying a "like-kind" property within the allowed period. The time limits allowed are 45 calendar days after the close of the sale of the first property to identify the like-kind property for acquisition and then close the purchase transaction to complete the 1031 exchange within 180 calendar days. Like-Kind Property The property's broad characteristics determine if it is a like-kind property, not … [Read more...]

Filed Under: Real Estate Tagged With: Real Estate, Real Estate Investment, Tax Benefits

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