As a homeowner, company, or investor in Virginia, it’s best to be familiar with real estate taxes. These include the local taxes that your city, county, or town will charge you on the assessed value of your property as well as those on the state or federal level. If you’re thinking of buying, selling, or investing in real estate in the near future, understanding how Virginia real estate laws and tax work is paramount. You need to know the why behind each tax and when and how to pay them. These taxes fund local government services like law enforcement, roads,
Selling a house for the first time is a challenge; even those who have sold multiple times in the past can struggle with all of the guidelines, legal requirements, and real estate nuances. That’s where we come in. This article will walk you through our tips for selling a home in 2023 to help guide you throughout the process and answer any questions you may have. What Allows a House to Attract the Best Offers? The property market for 2023 is shifting, and sellers are losing the upper hand as buyers are shifting away from bidding wars, high listing prices,
When you rent a home or apartment, you become a tenant of the property. As a tenant, you enter into a contract with your landlord that grants you exclusive rights to live on their property. However, in many instances, landlords feel they have more power than tenants because they own the property. Due to this imbalance in power, tenants must know their rights as a renter in Virginia so they can avoid being taken advantage of by landlords or property managers. Keep reading to learn more about your rights as a tenant in Virginia and how to protect yourself if
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