If you’re preparing to sell your home in Western North Carolina, you may be wondering whether you’ll be subject to capital gains taxes on the sale of your property. You might be thinking, “What exactly does this tax apply to, and how do I avoid paying capital gains taxes?” We’re here to help. Keep reading to learn more about the federal capital gains tax on real estate, what taxes you can expect Continue Reading
Financing & Mortgages
How to Calculate Home Equity
As a homeowner, you may have wondered about how much equity you have, and whether you could leverage that equity to borrow money for home improvements or other expenses. It only takes a few calculations to determine your equity, and once you have a good understanding, you can confidently make decisions about applying for a home equity loan or line of credit (or decide if it's time to sell). Read Continue Reading
Choosing the Best Asheville Mortgage Brokers/Lenders
Mortgage rates reached all-time lows during the beginning of 2021, and though average rates have risen slightly, it’s still a great time to pursue financing for a new home. Choosing the mortgage that’s right for you may seem like a daunting task, but with the help of one of Asheville’s many excellent mortgage brokers, financing your new home will be a breeze. Read on to find answers to some common Continue Reading
6 Reasons to List your Home for Sale this Fall
After a wild summer of 2020, our local real estate market has entered what is historically a slower time of year. In a normal (non-pandemic) year, late August and most of September provide some time for real estate transactions to close, but not as many new purchase agreements are signed during this time. This is because summer vacations to the mountains of Western North Carolina have come to an Continue Reading
Investing in Multifamily Properties in Asheville, NC
Investing in multi-family real estate is a great way to build long-term wealth, as well as generate monthly income. In this post, we’ll discuss the pros and cons of investing in multi-family properties, the types of multi-family real estate available in the Asheville market, and the steps to evaluating multi-family investment opportunities. What is Multi-Family Real Estate? Multi-family real Continue Reading
Buying Land in Asheville, NC
The market for land in Asheville, NC is very different than in many other parts of the country. The varied mountain topography of our area, as well as the vast amount of protected land in National Forests, watersheds, and state forests limit the amount of supply in the market. At the same time, the inventory that is available is incredibly diverse. Land for sale in and around Asheville can be Continue Reading
Pre-Qualified vs. Pre-Approved for a Mortgage – What’s the Difference?
Being Pre-Qualified Vs. Pre-Approved for a Mortgage Matters Being pre-qualified for a mortgage is imperative before shopping for a new home. But being pre-approved is far better. So, what is the difference between being pre-qualified vs. pre-approved for a mortgage? Pre-qualification It's very easy to get pre-qualified. Usually, this can be done over the phone with your lender or online in a Continue Reading
