Selling
On ThinkGlink.com, selling typically refers to selling a home, whether that home is a single-family house, a condominium, a co-op, a townhome, or a vacant piece of land. When you’re selling your home, or any piece of real estate, you need to decide what process you want to follow – whether you want to hire a real estate agent or do a for sale by owner (also known as FSBO). Selling includes, cleaning up and organizing your home, figuring out what the selling price should be, hiring the team you’ll need to sell your property (which might include an agent), potentially staging the home, negotiating the sale and closing on the transaction. Selling also includes getting the word out that your home is for sale by using every marketing means possible, including setting up an individual website for the property, listing it on Craigslist.com, Zillow.com and other sites, telling people at work or in your neighborhood that the property is for sale, and even placing a sign in your front yard. Use
Posted on May 25th, 2012 by
Ilyce Glink and Samuel Tamkin
Too sell a home with an IRS tax lien, you should remove the tax lien before closing the deal. Q: I am an enrolled agent with 20 years of practice, and 30 years working for the IRS. I thoroughly enjoyed …
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Posted on May 18th, 2012 by
Ilyce Glink and Samuel Tamkin
When buying or selling a home, finding the best Realtor or real estate agent that knows the housing market, listens to you and fits your personality is a must. Q: We are selling our home possibly next year and would …
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Posted on May 10th, 2012 by
Ilyce Glink and Samuel Tamkin
Q: Does an IRS lien follow a homeowner or a property? We’re selling our home and we can’t get a straight answer from the bank. We consulted with another professional in the finance industry, and he says an IRS lien …
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Posted in Selling
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Tagged IRS, lien
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Posted on December 19th, 2011 by
Ilyce Glink and Samuel Tamkin
Each year we post our financial resolutions for home sellers for the new year. With the current state of our financial system, you need to keep your financial house and home in good shape. I know someone who sold a …
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Posted on December 5th, 2011 by
Ilyce Glink and Samuel Tamkin
With good timing and a good offer, you should succeed in negotiating with a seller. Our friends received an offer for their house while they were away on vacation. The initial offer came in about 12 percent below their asking …
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Posted on December 4th, 2011 by
Ilyce Glink and Samuel Tamkin
Home price may be biggest issue when selling a home in the current real estate market. Q: I have a problem. My property was appraised about five years ago for 50 percent more than what it’s worth now, according to …
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Posted on October 22nd, 2011 by
Ilyce Glink and Samuel Tamkin
Selling an investment property you inherited at a loss may not give you any tax benefits. Q: I purchased a townhouse with my aunt five years ago. She passed away last year, and I want to sell it. We paid …
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Posted on October 21st, 2011 by
Ilyce Glink and Samuel Tamkin
If you’re planning to sell your home to a family member, you need to evaluate your options before using seller or owner financing options. Q: A few months ago, I purchased a Fannie Mae HomePath home at a great value …
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Posted on September 9th, 2011 by
Ilyce R. Glink
Q: Can you please help me. I am 32 years old and earn $63,000 a year and invest 8 percent of my salary into my company’s 401(k) plan. I have $90,000 in cash in the bank. I also have a …
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Posted on August 12th, 2011 by
Ilyce R. Glink
Q: Several years ago my husband and I purchased a vacant lot for $11,000 in a lake/golf community more for investment than planning to build. We’re recently “retired” due to job cuts and not because it was our choice. We …
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