Should I sell my home in "as is" condition? Q: I recently came across one of your columns on using a company to sell your home on an “as is” basis. You pay no real estate commissions, you get a fast closing and easy terms. Why don’t more people use them? Does the math work [...]
Should I Put Inherited Property In LLC? Reader wants to know if using an LLC to transfer property ownership after death is the best way to avoid probate Q: I inherited a parcel of land upon my father's death. His wishes were for the property to remain in the family for my children. In order [...]
Q: I am a homeowner in my early 70s. We purchased our current home a little over a year ago in a rural area of Wisconsin. We are considering going solar in order to better control our electric bills. There are tax and rebate incentives that make the upgrade to our home lucrative on paper [...]
When can a seller back out of a contract? There are a number of reasons why a seller or a buyer can cancel a deal. Sign up for Ilyce Glink's Love, Money + Real Estate Newsletter for more stories like these. Why Do Sellers Back Out of a Contract? I've been asked this question fairly [...]
Every year, ThinkGlink.com publisher Ilyce Glink offers home sellers new year's resolutions they can make to help ease their home selling experience. Her are her home seller resolutions 2022. For more information, sign up for Ilyce's new Love, Money + Real Estate newsletter. Welcome to another year of the housing market favoring home sellers over [...]
How do I avoid capital gains tax on the sale of a second home? This reader sold their second home and wants to know how to reduce capital gains tax. Q: I sold my second home last year. I had owned that home for many years. I bought a new one at a higher price. [...]
Should I get an appraisal before listing my house? Pros and cons to getting your home appraised before putting the property up for sale. Q: I think you’re doing a disservice to your readers concerning listing your home with real estate agents. The best thing a homeowner/seller can do is spend the $350 or $450 [...]
What you should know about pocket listings. Who does this real estate market trend benefit most and why is this reader annoyed by it? Q: I’m annoyed with some of the things I see going on in the real estate market, including pocket listings. Sellers should avoid brokerages that list properties internally before they are [...]
How do I avoid paying taxes when I sell my rental property? This reader wants to know if they can avoid capital gains taxes without doing a 1031 exchange. Q: My wife and I are about to sell a Chicago rental property we purchased together. The house was our first home and when we moved [...]
How do you protect yourself when selling a house? This home seller thinks a buyer might be taking advantage of them after a home inspection. Q: I would appreciate your advice on how a seller can protect themselves from being taken advantage of by a buyer. When I put my house up for sale, a [...]
