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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Mar 23, 2009
Selling As A Rent-To-Own Or Installment Sale
An installment sale means selling the property to a buyer in stages. An installment sale offers seller financing, gives the buyer interest in the house but leaves the title with the seller until the buyer has paid in full.
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Posted on:
Mar 23, 2009
Resources When Selling By Owner
There are a number of resources at hand when selling your home by owner. When selling by owner, it’s important to ensure you have the correct documents in order without an agent to represent you.
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Mar 23, 2009
Bad Behavior From Agent Upon Terminating Listing
A home seller had her agent sign a listing agreement that stated the listing could be terminated upon the seller’s request. When the seller did cancel the listing, the real estate agent became very angry and yelled at the seller. This agent’s bad behavior could be reported to a local association.
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Mar 20, 2009
Home Repair Responsibility Differs For Foreclosure
When you're buying a home, the seller is usually responsible for making repairs before closing. But when you're buying a foreclosure, the responsibility for fixing the home does not usually lie with the mortgage lender who's selling it. When you're trying to decide whether to buy a foreclosure you…
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Mar 20, 2009
Real Estate Agent Grants Home Buyer Access Too Soon
What can you do if you're selling a home and the buyer moves in before closing, on the advice of the real estate agent? At a minimum, you can file a complaint against the real estate agent with the licensing board and the managing broker of the real estate firm. You should also look at the home sale…
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Mar 20, 2009
Inexpensive Improvements To Make Before Selling Home
Today's home buyers are spending too much money to buy a home that they typically don't have the cash left over for improvements such as painting and carpeting. By making these home improvements before selling, your home will sell faster and for a lot more money. Paint is a cheap and easy…
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Mar 16, 2009
Sellers Responsible For Recalled Furnace In Sold Home?
Home sellers received a letter that the furnace in their sold home has been recalled. If a product is recalled, typically the company that manufactures it will repair or replace it. The contract will determine if the buyer or seller is responsible for getting the recalled furnace fixed.
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Mar 13, 2009
Listing In MLS Without An Agent
A home seller is selling by owner but having trouble listing the home in the local multiple listing service (MLS). Several for sale by owner companies provide the option to be included in multiple listing services.
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Mar 13, 2009
How To Sell Property With Multiple Owners
As you get older, in order to protect your property, you may want to transfer property titles to your children's names. When you transfer title to property before you die you may see your children fight about the property and whether to sell it. If your children feel one of their siblings is getting…
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Mar 13, 2009
Choose Auction, Not Lottery and Not House Raffle, When Selling Your Home
Thinking about a house raffle or selling your home using a lottery?
While selling your home through a lottery or house raffle may seem appealing, it is illegal in most states. If you're desperately selling your home, you may want to auction off your home instead. Learn why selling a home via an…
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Mar 10, 2009
Getting Rid Of A Timeshare FAQ
Getting rid of a timeshare can be difficult and and stressful and may never happen. Try Internet resources to help sell your timeshare. You may have to discount the price drastically to get rid of your timeshare. Consider options like giving your timeshare to a charity instead of selling your…
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Mar 4, 2009
Selling A Timeshare FAQ
Selling a timeshare can be difficult and and stressful and may never happen. Try Internet resources to help sell your timeshare. You may have to discount the price drastically to sell your timeshare. Consider options like giving your timeshare to a charity instead of selling your timeshare.
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Mar 4, 2009
Selling Home Includes Title Company's Transfer Taxes
What are the seller charges that are listed on the statement you receive from the title company after selling a home home. Ilyce explains that every state has taxes called transfer stamps that the seller must buy so the title company can put them on the deed before the home sale is final. The…
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Posted on:
Feb 28, 2009
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Feb 28, 2009
Landlord Selling Investment Property To Renters
If you are a landlord, there are issues you may have to deal with if you sell investment property to renters. As a landlord, you should keep the mortgage lenders involved in the process because the lender may want to call the loan. In fact, the mortgage lender most likely has the right to call the…
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Posted on:
Feb 28, 2009
Selling Property Avoiding, Paying Minimal Capital Gains
Can you sell a portion of your property, but avoid paying capital gains? Should you sell all the property then buy back the portion with your primary residence, to avoid or pay minimal capital gains? A good real estate attorney who can help you make the right decision about selling property and…
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Posted on:
Feb 27, 2009
Questions About Home Selling
Selling a home is complicated. There are many issues to deal with when selling a home, some common and others not. Here are some obstacles sellers face when selling their home, along with solutions.
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Posted on:
Feb 27, 2009
Questions About Selling Investment Property
Is investment property worth short-term hassles for a long-term investment? What obstacles are there in selling investment property? When it is better to rent investment property and when is better to sell? Here are some questions about selling investment property.
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Posted on:
Feb 27, 2009
Working With Real Estate Agents
What happens if you're unhappy with your real estate agent? What are the responsibilities of a real estate agent? What's the best way to find an agent? A few questions about working with real estate agents when buying or selling a home.
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Posted on:
Feb 27, 2009
Can Nursing Home Take Assets From Trust?
If a relative's assets are held in trust and they're in a nursing home, could the nursing home take those assets? It depends on what kind of trust it is and when it was set up. Talking to an attorney can help to determine if a home is at risk.
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Posted on:
Feb 27, 2009
Refinancing If Planning To Move
If you're planning to move in the next year, is it a bad idea to refinance your home? It might not be cost-effective to refinance - you have to weigh how much you'll save. Also, today's housing market may prevent you selling your home in a year.
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Posted on:
Feb 27, 2009