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Sonic Realty

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Down Payment Assistance: How It Works And How To Find A Program For You

  Buying a home is a significant financial commitment, and one of the biggest hurdles for many prospective homeowners is the down payment. Down payment assistance (DPA) programs can help bridge this gap, making homeownership more attainable. This blog post explains how DPA works and offers tips on finding a program that suits your needs. […]

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Who Owes a Fiduciary Duty in Real Estate and What Does That Mean for Your Transaction?

When navigating the complexities of a real estate transaction, it’s crucial to understand the concept of fiduciary duty and who owes it to you. A fiduciary duty is a legal obligation that requires certain parties to act in the best interests of others. In real estate, this duty ensures that agents, brokers, and other professionals

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Hurricane Insurance: Cost, Coverage, and Claims

Hurricanes pose a significant threat to homeowners, especially those in coastal regions. Hurricane insurance is essential to protect your property from the devastating impacts of these natural disasters. Understanding hurricane insurance’s cost, coverage, and claims process can help homeowners make informed decisions and ensure they have adequate protection. Cost of Hurricane Insurance The cost of

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Encroachment in Real Estate: Understanding and Addressing Property Disputes

Encroachment in real estate refers to a property owner building or extending a structure beyond their property boundaries, intruding into a neighboring property. This can lead to disputes between neighbors, legal complications, and potential property devaluation. Understanding encroachment and how to address it is crucial for maintaining good neighborly relations and protecting your property rights.

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Rental Property Depreciation: What Is It and How Does It Work?

Investing in rental properties can be lucrative, offering a steady income stream and potential for property appreciation. However, one significant financial advantage that must be appreciated is rental property depreciation. Understanding depreciation and how it works can significantly benefit your investment strategy by reducing taxable income and improving cash flow. What Is Rental Property Depreciation?

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What Is a Multifamily Home, and Is It Right for You?

Investing in real estate offers numerous opportunities, including purchasing a multifamily home. This property type can provide a place to live and a potential income stream. Here’s an in-depth look at multifamily dwellings, their benefits, and considerations to help you determine if they are the right choice for you. Understanding Multifamily Homes A multifamily home

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A Guide to Split-Level Houses

  Split-level houses, a popular architectural style in the mid-20th century, continue to attract homeowners with their unique design and practical layout. Characterized by staggered multiple levels, these homes offer distinct advantages and a unique charm. This guide explores what split-level houses are, their design features, benefits, and considerations for potential buyers. Understanding Split-Level Houses

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