multiple offers
Multiple Offers

Be Sure Your Agent Can Manage Multiple Offers

At Altru Realty we are trained to manage multiple offers—a professional skill that’s needed when we’ve priced a home anticipating that multiple buyers will make full-priced offers. Once the full price offers come flooding in, the Altru team is prepared to effectively handle the work flow and the challenges that multiple offers bring. And multiple offers bring do bring multiple…

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sell real estate
Sell Your Home

Is it time to sell real estate and park your cash?

Interest rates are now pushing 4.5% for an average 30 year mortgage which still remains historically low, but more factors than historically low interest rates affect the direction of the real estate market.  The US real estate market seems to be cycling with the US economy, so it’s important to pay attention to trends in the economic market place in…

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property survey
Property Survey

A buyer always needs a new survey!

A new survey will provide an accurate picture of a property being purchased by determining accuracy of dimensions, identifying boundaries and easements, revealing encroachments and any other issues affecting the physical aspects of the property.  But too often, buyers and lenders rely on a recertified old survey along with a seller’s affidavit that no changes have been made to the…

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Discount Real Estate Brokers

What’s the difference between Altru Realty and other discount real estate brokers?

What’s the difference between Altru Realty and other discount real estate brokers like Redfin?  Do they offer the same service as traditional brokerages? Every real estate brokerage firm differs in its expertise, service, and reputation.  However, every discount brokerage firm is the same in that its Realtors/Agents may represent the buyer, the seller or both. At Altru Realty we are…

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Real Estate Forecast

2017 Real Estate Year in Review and 2018 Real Estate Forecast from ALTRU Realty

2017 in Review Altru Realty Without a doubt a 2017 was a fantastic year for Altru Realty as we finished the year strong and accomplished many milestones. We successfully launched the new Altru Realty website (www.altrurealty.com) and were able to position the company for expansion into additional states beyond our current offerings in Florida, Colorado and New York. Altru Realty’s…

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TAX REFORM REAL ESTATE
Tax Reform

The Tax Reform Bill and How it Affects Homeowners

Below are several of the last minute inclusions in the tax reform bill important to the real estate industry. ·        Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Both…

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Tax reform homestead exemption sell your home in 2017
Homestead Tax Exemption, Sell Your Home, Tax Reform

Are you Considering Selling Your Home? Avoid possible tax disadvantage by getting your home under contract in 2017

There is a time bomb no one is talking about in regards to tax reform. The homestead tax exemption currently states if you live in a house for 2 out of 5 years you don’t pay capital gains tax. The bill in congress right now has this being changed to 5 out of 8 years. “Some people could feel blindsided…

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APPRAISAL SHORTFALL
Home Appraisal

What is an Appraisal Shortfall and How to Prevent them

What is an Appraisal Shortfall? Appraisal shortfall is simply a lower appraised value than the sale price of the home. Ideally they should match or the appraised value can be slightly higher. The buyer can only borrow from a lender based on the appraised value of the home.  If an appraisal shortfall occurs, someone needs to pay the shortfall.  The…

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