Selling a house in disrepair: tax implications. This reader wants to know how selling a rundown family home will affect their income taxes. Q: I recently received title to a home from my brother by quitclaim deed. He purchased the home in 1982 from my parents who at the time were in financial trouble. My [...]
Record highs and lows in home sales during the second quarter in 2018 will make you think twice about buying and where the real estate market is headed. The latest from ATTOM Data Solutions, curator of the nation’s premier property database, reviews reports on sales in the second quarter of 2018. Similarly to my last [...]
Selling your home is an exciting time, but it can also be a bit scary. The end result - a sale - depends a great deal on correctly timing your sale. So, if you’re planning to sell this fall, during the middle of a presidential election, here’s what you need to know: 1. Your local [...]
If you want to gain an advantage when you’re selling your house, consider a pre-listing home inspection. Hiring a professional home inspector to walk through your house before you list it could speed up the sale. A pre-listing home inspection is paid for by the seller and points out any problems with your home. http://youtu.be/h_hgR2-OwJU [...]
You’ve saved for a down payment and worked hard to get approved for a mortgage. After months of looking, you find a great house that meets your needs and fits your budget. Your offer has been accepted. Then you receive a letter from your lender. Your dream home has appraised 10 percent lower than you [...]
The right DIY lighting updates can make spaces look larger than they are and help you sell your home more quickly. Space is second only to location when it comes to what buyers want in a house. Capitalize on whatever space you have to sell your home, and be sure to make the lighting as [...]
Once you find the best temperature for your home during an open house, potential buyers should feel comfortable and welcome. They should feel as though your home is an inviting and relaxing place to spend their time – and possibly their money. If your home feels too hot or too cold during the open house, [...]
If your are having problems with seller disclosure about moving a manufactured home, you may have a legal case against the seller. Q: We have a problem. My son purchased a manufactured home last year at the age of 21 and obtained an FHA mortgage on the home. It appears that he should have never [...]
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 make 2010 a better home selling year.
If you're trying to sell your home in 2009 you may want to check out Ilyce's home seller resolutions for the new year. Ilyce's resolutions include pricing your home reasonably, get multiple comparative marketing analyses, groom your home for visitors and have some goals in mind for how soon you want to sell the home. Ilyce suggests staging the home before even the real estate agent sees it, if you're selling your home in 2009.
