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1031 Exchanges

Written by on November 23, 2011

A 1031 or “like-kind” exchange is a way for owners of business and investment real estate to sell property and buy other “like” property without paying the Capital Gains Tax upon the sale. Section 1031 of the Internal Revenue Code …

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Categories: Buying, Real Estate Terms, Real Estate Topics, Selling - Tags: ,

The Realtor Code of Ethics

Written by on November 23, 2011

REALTORS are real estate professionals who have chosen to join the National Association of Realtors and abide by its strict Code of Ethics. What does this mean to you? It means that any REALTOR with whom you work has voluntarily …

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Categories: Real Estate Terms, Real Estate Topics - Tags: , , , ,

Fair Lending

Written by on November 1, 2011

You have the right to fair lending.

The Fair Housing Act makes it a violation of the law to engage in the following practices based on race, color, national origin, religion, sex, familial status or handicap (disability):

  • Refusing to make
    • …
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Categories: Buying, Finance, Real Estate Terms, Real Estate Topics - Tags: , , , , , , ,

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