Category Archives: Real Estate

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Be Careful about Making an IRA Withdrawal to Finance Your New Home

One question that many prospective homeowners ask is: Should I tap into my IRA to help finance the costs of my new home? While it may seem like a good idea to tackle your immediate financial concerns – including the costs of the house you really want to purchase – you don’t want to get……
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U.S. Home Prices Rise, First-Time Home Buyers on Decline

Home prices rose by nearly six percent in January 2016, according to the S&P/Case-Shiller Home Price Index, which measures United States residential real estate prices. This was significantly higher than the rate of personal incomes, which has led to concerns about affordability for potential first-time home buyers. Although an increase in residential real estate costs……
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How to Make Your House More Attractive to Potential Home Buyers

This Spivack Law post is the second in a series of blogs providing tips for New Jersey home sellers who want to make their houses more appealing to home buyers. If you are thinking about selling your home, or if you are already beginning the process of selling your home, call Joel R. Spivack today……
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Consider All Options before Withdrawing from Your 401(k) to Purchase a Home

Although you might be thinking about using your 401(k) in order to buy your new home, you need to be aware of all your legal options before arriving at any final decisions. Withdrawing from Your 401(k) Plan Your 401(k) plan is supposed to provide you with a nest egg of sorts and ensure that you……
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