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8 Reasons To Divorce Your House – Written by Jaymi Naciri

You've been loyal. You've been true. You've given it all you have. But now, the house you have committed yourself to just isn't doing it for you anymore. Perhaps it's time to throw in the towel. Give it the old heave-ho. Call it quits.How do you know when it's really over? "A home must be elastic. It must give, expand and contract, while helping you hold it all together. And when it no longer does, it may need to go," said the News & Observer. "A home's job is to support those who live t

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Why Your Credit Rating Matters – Written by Lillian Montalto

Are you thinking about buying a home in the future? Even if you aren’t planning to do so imminently, there’s no time like the present to start thinking about your credit score. Credit can take years to build and only a few small mistakes to destroy, so keeping careful track of your credit is vital. But why? When you decide to take out a mortgage loan (or any other type of personal loan), your credit rating will influence your eligibility to obtain that loan and also determine the inte

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Waterfront Properties Command Massive Premiums in the U.S.

A new research showed that oceanfront of lakefront family homes in the United States is worth more than double the median value of all homes, and in some locations 10 or more times. Currently the median price for a family home is about $171,600, while the median waterfront house was valued at $370,900, a premium of 116.1%, according to the analysis by real estate firm Zillow. Among large cities the biggest difference between median non-waterfront family home values and median waterfront h

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Tenants Change Mind and Receive Full Refund Due to an Agent’s Form Errors – Written by Sarah Smith

Nicole Smith and Tim Thompson had found a rental property that they thought was perfect; therefore, they submitted a residential tenancy application in September 2013. The application was submitted to Ray White Coorparoo, and the person of contact was Ray White. When the couple sent in the application, they also sent in approximately two weeks of rental payment, in addition to the holding bond. After going over the details amongst themselves, the couple came to the agreement that the rent, whic

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Non-Disclosing Seller Has To Pay Listing Broker’s Legal Costs – Written by Bob Hunt

Hard as it is to believe, there have been occasions when a seller did not divulge all material facts about a property to the listing broker. "Oh, did I forget to tell you about the sink hole?" "Why would a buyer want to know that the toilets backed up last year? It's all fixed now." Etc. Etc. So, what happens if the undisclosed problem later becomes the subject of a law suit, and the listing broker gets dragged into the suit? Even if the broker is subsequently vindicated, he will still have

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