Mistakes to Avoid

You saved, planned, and finally signed all the paperwork. The keys are in your hand, and your new home is officially yours. But as the excitement fades, a strange feeling sneaks in. Instead of joy, you start to feel unsure. You wonder, "Did I make the right choice?" or "What if I rushed into this?"

A 1031 exchange is a rule in the U.S. tax code that lets you sell one investment property and buy another without paying taxes right away

Finding the right buyer takes more than luck. It takes action. And the more prepared and involved you are, the faster your sale can happen—and the better your results will be.

These days, you need to move faster because the faster you move, the more money you save. And the more organized you are, the less you make mistakes, and today, a mistake costs a lot!

Whether it's cheaper to buy or build a house depends on several factors like location, materials, and labor costs. In many areas, buying an existing home is often more affordable and faster than building one. However, building a home can give you more control over design and energy efficiency. It’s important to compare costs in your area and consider your budget, timeline, and preferences.

Iowa has several affordable places to live, such as Keokuk, Oelwein, and Fort Dodge, known for low housing costs and overall affordability. Keokuk offers scenic views with homes under $90,000, while Oelwein and Fort Dodge provide affordable rent and low property taxes. Cities like Waterloo and Creston also offer budget-friendly options, making Iowa a great choice for those seeking an affordable lifestyle.

Buying a house involves several key steps. First, check your finances and get pre-approved for a mortgage to know how much you can afford. Next, find a real estate agent and start looking for homes that meet your needs. Once you find the right home, make an offer and negotiate the price. After your offer is accepted, schedule a home inspection and finalize your mortgage. Finally, close the deal by signing the paperwork and getting the keys to your new home.