Month: August 2014
Real Estate and the Differences between Marriage, Domestic Partnerships, and Civil Unions
If you’re purchasing real estate with your partner, you may be unprepared for the many different laws concerning who actually owns the property and how things are divided. That’s because things differ from state to state. However, most state laws regarding same-sex couples and real estate can be divided into four categories depending on what the state offers. Marriage In states where same-sex marriage is recognized, same-sex couples are treated exactly the same as opposite-sex couples. Married LGBT couples take […]
5 Home Buying Pitfalls for Same Sex Unmarried Couples.
Same sex unmarried couples face a different set of legal issues than married couples. Failing to plan for the future is the number one mistake that partners make. Some of the home buying pitfalls for same sex unmarried couples are outlined below. 1. Consider putting both of your names on the deed. While it may be tempting to purchase a home with only one of your names on the deed, the partner’s name that is left off will a legal […]
5 Keys to Buying Rental Property with Friends
Buying rental property with your friends is a business deal and, as with any business deal, there are issues that should be considered before taking that step. Below are 5 keys to buying rental property with friends. 1. Be sure that your friends can be relied on. Entering into a partnership with friends who are not dependable or do not follow through with promises may not be your best choice for purchasing a rental home with. 2. Discuss how much […]
Mortgage Tax Deduction and LGBT Couples
When you’re a same-sex couple and you’re jointly owning property and sharing finances, things aren’t always clear-cut or easy. Lately, it seems like the laws are changing almost every day—the bans on gay marriage are being struck down, but then they’re immediately given a stay pending a review by a higher court. This makes it very unclear whether things have actually changed or not. One area in which many LGBT couples are confused is that of mortgage tax deduction. Married […]
6 Tips for Buying in a Fast Paced Market
When a real estate market is fast paced, homes sell quickly and buyers must make swift decisions to avoid losing a home that they have their heart set on purchasing. Following are 6 tips for buying in a fast paced market. 1. Know exactly what you are looking for before you start your search so that you will know you found it as soon as you see it. Sit down and make a list of must-haves, then be prepared to […]
The Decline of the Gayborhood
Starting in the 1970s, many LGBT individuals began moving into the same areas. These neighborhoods, which were also often home to gay bars, nightclubs, restaurants, and other businesses, became known as gayborhoods, gay ghettos, gay districts, or gay villages. Some of the most well-known examples of these gay districts include the Castro area of San Francisco, the Soho district in London, and the Dupont Circle area of Washington D.C. Many larger cities used to have very active gayborhoods. However, today […]
How Gay Couples Can Buy a House Without a Breakup
Purchasing a home is an exciting but stressful life event and emotions can get out of hand. For example, disputes can arise if you prefer the cute little house on Leaf Street but your partner prefers the condo located closer to town, or the home one partner prefers costs more than the other partner is comfortable spending. Following are some tips on how gay couples can buy a house without a breakup. 1. First and most importantly, sit down and […]
Five of the Most LGBT-Friendly Cities in the U.S.
If you’re considering a move in the near future, one thing that may factor into your decision is how LGBT friendly your new home is. This is especially true if you’re currently living in a state in which gay marriage is not legal and may want to marry your partner in the near future. Every year, a number of websites and publications put together lists of the most LGBT-friendly cities in the U.S. Here are five of the cities that […]
Where Have All the Gay Neighborhoods Gone?
According to recent research led by Amin Ghaziani, a sociologist at the University of British Columbia, and released in his new book There Goes the Gayborhood, gay men living in historically gay neighborhoods have declined by eight percent in the last ten years. Ghiziani’s research noted that gayborhoods including the Castro district in San Francisco, Chelsea in New York and Boystown in Chicago are changing due to the number of heterosexual households moving into those areas and the number of […]
Protecting Your Interests with the Remodel Contractor
Hiring a reputable contractor and that you are comfortable working with him is one of the most important aspects of your remodel project. Following are some tips on protecting your interests with the remodel contractor. 1. Ask your friends or your local gay real estate agent to recommend some contractors that they have had a good experience with on their remodel project. Their suggestions can help steer you to some reliable remodel contractors who do quality work. 2. Obtain an […]