3 Beds | 3 Baths (2 Full 1 Partial)
SqFt: 2,536 Sq Ft | Acres: 0.33
Subdivision: Cambridge Farms Ph 7 Sec 1
Zoned for the new Liberty Creek Middle and High School. Beautiful open concept and recently updated! Gorgeous new luxury vinyl hardwood throughout main floor! Massive fenced in back yard with storage shed. Recently installed patio gazebo with fan. Lots of new upgraded light fixtures etc.. Huge upstairs bonus room. Located on a beautiful cul-de-sac with an extra parking pad space for all your guest. Agent related to seller!
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Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to come back down. While it may be possible, the probability is that prices are going to continue to increase. On December 23, 2021, the 30-year fixed-rate, according to Freddie Mac, was 3.05% and is at … Continued
Owners directly control four of the five factors that affect the sale of any home: price, location, condition, terms, and the agent you select. The one thing you can’t control is the location of the home, but you can adjust the other factors to compensate for failings. The seller controls the price of the home … Continued
The limit for tax free gifts for 2022 is $16,000 and no tax is due to the donor or the donee. There are provisions that would allow gifts higher than this amount providing the total lifetime gifts above the annual exclusion of $12.06 million for 2022 has not been met. The donor and donee can … Continued
Housing Affordability is negatively affected by both rising home prices and mortgage rates. A 20% increase in nominal home prices and a 2% increase in the 30-year fixed rate mortgage since January have contributed to a 46 point drop in the NAR Housing Affordability Index. The Index was 143 in June 2021 and is 98.5 … Continued
Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event. Unfortunately, the capital gain exclusion is reduced to a single person’s share unless the survivor disposes of the property in the granted time. Married … Continued