When you sell your home, you have to pay taxes on the sale. As in this reader's case, factors like a transfer of homeownership can affect the taxes you pay. Q: I have read several questions on your site related to quitclaim deeds and the cost basis when the house is sold. My question is [...]
Seller disclosure laws don't cover every issue you find with a house after you buy it. If a homeseller isn't aware of an issue when they sell, the homebuyer likely can't take legal action. Q: We purchased a home and farm equipment on approximately 20 acres in rural Georgia this past January. The owners told [...]
Many homeowners ask if they should buy a new house before they sell their current home. Most people can't afford to own two homes at once, but there are many variables - such as your financial situation and housing needs - that can affect this answer. Q: I'm wondering if I should buy a new house before [...]
Q: How do I find the best real estate agent? And, how do I choose which real estate agent to use? I'm learning a lot going through the process of "properly" selling my house. I interviewed five real estate agents the Saturday before last, and I was amazed by the range of differences in their [...]
If you own a home, you're probably thinking about the top tax benefits of homeownership. But you may not know how your single biggest asset (your home) can help you save on your tax bill. You probably already know that your biggest asset could also help you save on your taxes. It's the "how" that's [...]
Q: I want to know how clean should a seller leave a house after the closing? My husband and I recently took possession of our new home this past weekend in Salt Lake City. When we took possession, we discovered she left her clothes in the closets, a fully stocked fridge (no room for our food), [...]
Winter is here, but the spring housing market is not far away. If you’re selling your home in 2015, now is the time to do a little homework and concentrate on what really counts: properly pricing and preparing your house to sell. Price your house right While there’s always information in the news about average [...]
Looking around our neighborhood, I see fewer “for sale” signs this December than last year. In fact, several homes that were on the market for over a year have sold this autumn and are now closing. It still isn’t easy being a seller, but times are slowly getting better. Home values are starting to stabilize [...]
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.
