How To Sell Home To Current Tenants
Everybody is looking for a quick sale of their property. If a homeowner can't sell using normal real estate channels, then maybe non-conventional sales can be effective. You can try to use a real estate broker to sell your property, but if you have tenants in the property, you might try to see if…
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Feb 19, 2010
Selling Timber or Selling Land May Still Lead To Loss
While you may buy vacant land to build a home in the future, some real estate investors and speculators, purchased vacant land with timber on it to sell off the land or timber in the future. Now the real estate market has changed along with the housing market, and the value of vacant land has…
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Feb 5, 2010
Short Sale Might Not Be Possible When You Have Money To Pay Your Bills
A short sale of real estate is intended for people that can't pay the amount owed on their property upon the sale of the home. A short sale occurs when you sell a property for less money that what is owed to the lender. If you have money to pay off the lender, the lender may not agree to a short…
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Jan 25, 2010
Lis Pendens May Prevent Sale Of Your Home
A lis pendens, or a document that is recorded against the title to the home, may stop you from selling your home. The lis pendens tells potential buyers that there is a lawsuit against the property and they might not want to buy your house. If a lis pendens is filed against your house, you should…
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Jan 5, 2010
Home Selling Tips: New Year's Resolutions For Home Sellers
Home sellers had it rough in 2009, and 2010 promises to be another hard year for home sellers. However, there are some home selling tips you can take to put yourself in a better home selling situation. Make it a New Year's Resolution to become a better seller and follow these home selling tips to…
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Dec 17, 2009
More Reasons Why Your House Won't Sell
If you are getting the showings, but your house won't sell, what should you do. Make sure that you understand the listing price of your home and that it is competitive with other homes. Make sure that the condition of your home is in as good a shape as possible. While you can't change the location…
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Oct 8, 2009
House Raffle Is Possible For Some Sellers In Some States
House Raffle Is Possible For Some Sellers in Some States. In the past, we have written about house raffles and how only charities or other qualified not for profit organizations can legally conduct house raffles. Now, however, it seems that homeowners have teamed up in at least one state to set up…
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Sep 11, 2009
Want to Raffle Your House? Mostly, You Can't
Thinking of conducting a house raffle to unload your house instead of selling it? It's illegal for homeowners to raffle off their own house. Instead, you have to work with a nonprofit organization and transfer ownership of the house to them. The nonprofit can then raffle off your house, and you'll…
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Aug 7, 2009
Selling A House In A Down Market May Mean It Is A Good Time To Buy A Home
A 64 year old reader is hoping to retire and move to live closer to her children. She wants to move into an age-restricted community, where the home prices have gone down. But her house is also worth less. She wonders selling her house in a down market might also mean that it is a good time to buy a…
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Jul 30, 2009
Six Reasons Why Your House Won't Sell
The housing market is still slow, but some homeowners are selling their houses. You may ask "why my house won't sell?" If you're a buyer who is having trouble selling your house, there may be a reason why you can't sell, but your neighbor down the street just sold their house. Make sure your house…
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Jul 23, 2009
Can't Sell Your Home? Consider a House Swap
If you can't sell your home, have you considered a house swap? While some sellers are being ignored by buyers, there are hundreds of thousands of homeowners who would like to sell their home. If you link them together, it's possible to do a house swap or house trade, where little or no money…
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Jul 15, 2009
Seller Closing Costs Updated
Seller closing costs generally come as a surprise to home sellers, particularly when home sellers find out that they’ll have to pay anywhere between 2 to 7 percent of the sales price in fees and costs. Here's an updated list of closing costs you may incur when you sell a house.
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Jun 24, 2009
When You Need To Sell Your Home Fast
What can you do when you need to sell your home fast? If you aren't using a real estate agent, you'll need to use grass roots marketing to gun the home sale process. For starters, you will need to talk to your neighbors, real estate agents and real estate brokers that work in the community. And…
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Jun 18, 2009
Home Value Affects Property Division
If you bought a home with a partner and later decide to split, you'll likely need to divide up the home as well. What's a fair way to buy one partner out of a house? How do falling home values affect the division of a home? Should you sell the home or buy the other person out? Either way, the home…
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May 28, 2009
Housing Market Data Shows Housing Crisis Ongoing
How is the housing market doing in spring 2009? Is the housing crisis coming to an end as some people suggest? While housing market data provided by groups such as the National Association of REALTORS may be less bad than it used to be, the real estate market has yet to rebound. It would take more…
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May 28, 2009
Consult Divorce Attorney When Selling House
If your spouse takes all of your joint money and leaves you how can you support yourself? You may find that you need to sell your home. But if the home is jointly owned both owners have to agree to sell it. What if your spouse won't agree to sell your home? You need to consult a divorce attorney to…
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May 21, 2009
Capital Gains Tax Changes If Primary Residence Includes Rental Property
Renting out part of your primary residence will change how your capital gains tax is calculated when you later sell. If you didn't have a rental property as part of your primary residence, you could save taxes on up to $250,000 of profit from the sale, if you're single. When you have a rental…
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Apr 30, 2009
Selling Home To Pay Off Debt
When you're deep in debt you may think you should sell your home. What if you live with someone in this situation? Is it your responsibility to help him or her pay off debt by selling the home the two of you share? You need to calculate how much each of you has spent on the property's maintenance…
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Apr 16, 2009
Home Sale Proceeds Go To Life Estate Owner
As you get older you may decide to put your assets in a life estate, in order to protect them and to make ends meet. When an asset that's part of the life estate gets sold, the life estate owner receives the proceeds, but the sale is only valid while the life estate owner is alive. After the life…
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Apr 16, 2009
Seller Financing Risky If Buyer's Finances Uncertain
Since the credit crisis, mortgage lenders have raised their requirements for issuing mortgage loans. With this in mind you as a seller may decide to extend financing to a home buyer. But what are the risks of seller financing? How can you ensure that the buyer who you provide seller financing to can…
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Apr 9, 2009
Home Inspection Reimbursement For Inadequate Seller Disclosure
When you're buying a home it's up to you as the buyer to search the address in public records. While seller disclosure does include material defects, it doesn't necessarily include crime disclosure. If you pay for a home inspection and later decide to cancel your home buying contract can you get…
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Apr 3, 2009
How To Buy A Home For Less Than Listing Price
Since the collapse of the housing market many buyers have started to make low-ball offers when buying a home. How can you buy a home with an offer that's less than listing price? You have to do your research -- look closely at foreclosures, short sales and comparable properties before making an…
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Mar 26, 2009
Selling Mortgage-Free House With No Agents
A house is typically the single best asset an individual has, so selling it correctly is very important. If you don’t plan to use agents in selling a home, a real estate attorney can help you handle the sale and ensure all issues are taken care of. Your state’s real estate department might also be…
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Posted on:
Mar 23, 2009