Is Owning a Piece of Land Right for Your Family?
Owning land with family members is challenging and can create undue stress. I've outlined some key points to think about before purchasing a piece of land for the whole family. 1. The financial burden of maintenance, repairs, taxes, and insurance may exceed the family’s willingness and capabilities. 2. Changing family dynamics and divorce diversion – can a spouse (or former spouse) own a percentage? 3. Disagreements can arise in terms of purchase price and structuring of the
5 Strategies to Increase Your Property's Selling Price
Having been a buyers agent for the majority of my real estate career, I have developed a list of negotiating points to get my clients a better price. Now that I have begun to list more properties, I use this list to advise my clients on pre-listing improvements to consider. Making the following relatively low cost improvements will help justify your asking price and make your property show-able and sell-able. 1. Add entrance gate and gravel apron. Having a clean and secure en
