One type of real estate investment is wholesale selling. Wholesale selling is another expression for the practice of buying real estate and flipping it intentionally below its cost in order to move it quickly. Wholesale real estate transactions usually take place between real estate investors, not your regular home buyer and seller.
A building owner is thinking about building a commercial office and selling it with a lease to sell agreement. Rather than leasing it, holding onto the building could bring tax benefits for owning commercial property. Using a "lease with the option to buy" could also be an incentive to get additional buyers to consider purchasing it.
Many people have gotten into the real estate investment business with the recent housing explosion. When it comes time to sell real estate investments, capital gains tax concerns are important. Consider using a 1031 exchange, which defers federal income taxes, when selling investment property.
Before deciding to trade in real estate for other investments, it's important to think about your financial goals. If you've reached a point where you no longer want to be a landlord, or you believe your real estate investment going forward will bring limited returns, then you should consider selling some or all of your portfolio. But don't change up your investments because you think you'll have a guaranteed return investing in something else.
A buyer purchased a home and no major problems were disclosed. The buyer later discovered that the pool was leaky, but the seller didn't disclose the problem even though evidence of it was on a water bill. The buyer might have good evidence to sue for seller disclosure.
Under certain circumstances, creditors have the right to file a lien against a person's home for money that person owes them. A seller is having difficulty settling a lien held against the property. There are a few options to try to release the property from a lien, including paying off the lien, posting a security bond and hiring a real estate attorney.
When you're selling your home you have to think about whether you're going to hire a real estate broker to help you or do it yourself with a for sale by owner deal. Selling a home as a for sale by owner property tends to be less expensive, but real estate brokers offer more services. You have to weigh what you're getting for your money when deciding between a for sale by owner approach or hiring a real estate broker.
Most states have seller disclosure laws. These laws require a seller to disclose to a buyer known material defects in the home. The first issue is to determine whether the seller knew of the leak and should have disclosed it.
What are common mistakes when selling a house? There are many mistakes that can be made and they can trap even the smartest sellers. Here are some home selling mistakes made by a seller who is not happy with her broker.
