Kitty Bernard's Blog

Posted on 05/31/2020
Real Estate and the Estate Tax
Image by Gerd Altmann from Pixabay If you anticipate that you will inherit an estate at some point or if you plan to leave your estate to an heir, it is important to plan for the potential tax implications of that transfer. The federal estate tax is one aspect to consider. Depending on the value of the estate,...
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Posted on 05/24/2020
Home Trends for 2020
Image by Gerd Altmann from Pixabay With the new decade comes new trends in real estate. Strong economic growth and more millennials making moves will likely keep the market strong. However, it pays to take note of all trends affecting buyers, sellers, investors, and renters. Here are a few real estate trends and predictions for 2020. Most Buyers...
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Posted on 05/17/2020
Buying and Selling: How to Handle Financial Overlaps
Post Image by StartupStockPhotos from Pixabay Unless you're a first-time home shopper, you'll need to acquire your next home while selling your current home. How do buyers finesse this? When buyers are competing with each other for a tight inventory of available homes, the ones who are ready to come to the table fastest, not the ones with contingencies,...
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Posted on 05/10/2020
Creative Storage Ideas for Small Spaces
Image by Karolina Grabowska from Pixabay To keep clutter at bay, it is important to make sure everything has its own place and returns there after every use. In small homes, this could prove quite challenging, however, as there are only so many places to put things. Unless, that is, you alter your house to include additional storage...
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Posted on 05/03/2020
Investment Basics: What is an REIT?
Image by OpenClipart-Vectors from Pixabay A Real Estate Investment Trust (REIT) is a specialty corporate entity that owns and operates real estate to generate a profit. Several types exist. An Equity REIT typically generates income by leasing and managing income-producing property. The type of property makes no difference -- commercial, multi-family residential, retail, office, industrial, or a mix...
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Posted on 04/26/2020
Why Should a Buyer Purchase Your Residence?
As a home seller, it is important to make your house a must-have for buyers. Otherwise, your home may linger on the real estate market for an extended period of time. Worst of all, you may struggle to optimize your house sale earnings. Ultimately, there are lots of things you can do to make your house an attractive option...
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Posted on 04/19/2020
Financial Assistance Programs for Your New Home
Image by Tumisu from Pixabay If you’re in the market for a new home, chances are you’ve been evaluating your finances. As a first-time homebuyer, there are programs in place to help with the down payment. According to the December 2019 Realtor Index Confidence Survey, first-time homebuyers accounted for 31% of all sales, and 77% put down less...
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Posted on 04/12/2020
Home Showings: Here's What Buyers Need to Know
Home showings are valuable parts of the property buying cycle. If a homebuyer knows what to expect during a showing, this individual can get the information that he or she needs to determine whether a particular house is the right option. Now, let's take a look at three things that buyers need to know about home showings. 1. A...
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Posted on 04/05/2020
Do You Need a House Selling Plan?
Selling a house may prove to be a long, complicated process. Fortunately, those who craft a house selling strategy can determine the steps they will need to take to accomplish their desired results. A home selling strategy may prove to be a must-have. Because if you enter the real estate market with a plan in place to sell your...
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Posted on 03/29/2020
Easy Steps Credit Steps for Preapproval
Photo by Pixabay via Pexels Thinking of buying a home in the near future? You're going to need a preapproval. This tells real estate agents that you're serious about the home-buying process, and it alerts sellers that you're a solid, low-risk candidate. Preapprovals aren't always easy to score, however. And if you're someone who's had a few credit...
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Posted on 03/22/2020
3 Tips for Choosing the Right Vacation Home
No two vacation residences are alike. As such, it pays to be diligent as you conduct a search for the optimal vacation home. Otherwise, you risk purchasing a vacation house that fails to accommodate your long-term needs. Ultimately, there are lots of things you can do to find a vacation home that complements you perfectly, such as: 1. Establish...
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Posted on 03/20/2020
Reston, VA Real Estate Market Update
Click here to view Reston, VA blog post which has information on the constantly changing market...
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