Can You Back Out of Selling a Home?
It’s best to be completely sure about selling before taking the plunge to put a house on the market—obviously. And while it doesn’t happen often, a seller sometimes wants out of an agreement. Deciding to keep a home is not a decision that should be taken lightly.
Capital Gains From a Home Sale—Is it Taxable?
Congrats! Your house is selling for substantially more than you paid for it! That’s a good thing… or is it? The IRS may want a chunk of the profits in the form of capital gains tax. There are some scenarios when selling a home will generate a tax liability. But there are ways that homeowners can avoid taxes of home sales.
Howdy Neighbor: 5 Criteria to Consider When You Buy Property
Buying a house is one of the largest investments you'll ever make. It's crucial that you make wise decisions when purchasing a house to protect your investment. Here are five criteria to consider to ensure this:
Buying a Foreclosed Home: Good Deal or Risky Business?
After the real estate bubble burst in 2008, it seemed like foreclosed houses could be found in almost every neighborhood across the country. The number of foreclosed homes reached an all-time high in 2010 but has steadily decreased each year since. Nevertheless, as long as there have been mortgages, there have been people unable to pay them. Buyers can get a bargain buying a foreclosed home. But if they’re not cautious, they can get more than they bargained for.
20 Creative Ways to Sell Your Home in Under a Month
You’ve made the decision to sell your home and you want to do it fast. Selling a house is stressful, and every day it’s on the market can ramp up the anxiety. You just want it done so you can move to your new home and get on with your life.
Is Your Kitchen Top Chef-Worthy? You Could Pocket a Premium When You Sell
Some might say it's just a bathroom, but to you, it's a retreat. The only problem is that yours is not giving off the vibe you envision for this in-home getaway. In other words, it's time for a remodel.
What Not to Do When Selling Your Home
Selling your home can be one of the biggest steps you’ll take in your adult life. You could be upgrading from your starter home, interested in a new neighborhood, or even just needing a change in life. But before you put your living space on the market, invest a proper amount of effort into the task at hand. Utilize these 6 tips on what NOT to do when selling your home.
Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping.
In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers.
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