Selling

Buying Discovering Tax Credits That Enhance Homeowner Benefits Owning a home not only provides a sense of stability and pride but also opens doors to potential tax benefits. As a homeowner, understanding tax credits can significantly impact your financial well-being. Let’s delve into some key tax credits and deductions available to homeowners and how they can help you maximize savings. If you’ve made […]
Selling Keep more profits from home sales n recent years, home values have soared, presenting an opportunity for homeowners with substantial equity to consider a unique tax benefit. Section 121 in the IRS code allows for homeowners who meet certain requirements to exclude up to $500,000 of capital gain on the sale of their principal residence. Single or married taxpayers filing separately […]
Selling Smart Home Tech: Is It Real Property or Personal Belongings in a Home Sale? Many of today’s homeowners have accumulated multiple high-tech “smart” devices to make their home more convenient, economical, and fun to operate. When they decide to sell the home, they need to make the listing agent completely aware of whether they will be included in the sale of the home. Some of these things easily meet […]
Selling Post – Adapting to Life’s New Chapters All of us encounter major life events and they have the possibility of disrupting our lives temporarily, if not permanently. The homes we live in may have met our needs originally but due to a change in our life, it may no longer be adequate or the best fit for us, which will require a […]
Selling Navigating Closing Costs During Your Home Sale Typical closing costs can vary depending on what is customary in an area, the mortgage type, property value, and other factors. The largest expenses can be the real estate commission and the title policy. Total closing costs for a buyer can characteristically range from 2% – 5% of the sales price and 4% – 7% […]
Selling Which types of showings work A showing is an opportunity for a buyer to determine if a home is right for them. Each of the different types of showing plays a valid and necessary role in marketing the home. Some buyers may start by looking at homes online, which can lead them to drive by the home to see if […]
Selling Proven techniques to shorten your market time Are you in a hurry to sell your house? Whether it’s due to relocation or a desire to streamline the selling process, selling your home quickly doesn’t have to be a daunting task. With extensive experience in assisting homeowners, our expert team has identified three key strategies that can help secure a fast and favorable […]
Homeownership Tips to Achieve Your Full Potential Equity The real estate market is constantly evolving, presenting homeowners with challenges in determining the accurate value of their properties. In today’s era of rapid fluctuations, it is essential to equip yourself with the right knowledge and tools to make informed pricing decisions. There are three crucial factors to consider when assessing your home’s worth. Online […]
Don't Miss Our Next Post
Subscribe Now
Selling Talking Points to Identify an Agent Having a list of talking points prepared before meeting with a real estate agent can be incredibly valuable in guiding the conversation and helping you make an informed decision about who will represent you in the sale of your home. Whether you’re a first-time seller or it has been a while since you last sold […]
Buying Rethinking Backup Offers Like with any professional, there are tools and techniques available to help with particular situations.  They might be more popular at certain times and might even be put aside or forgotten at others. For real estate professionals, one of those is the backup offer. In a situation where there are multiple offers, the seller can accept any […]
Selling Get the Buyer Incentives to Act Now   Sellers, who last year, were not willing to make any concessions, are much more likely to do so this year due to the softening of the market because of inflation and higher mortgage rates affecting affordability for buyers. Concessions can take place in different forms.  A seller could offer to pay the buyer’s closing costs […]
Selling Concessions Make Your Home More Marketable Sellers offer concessions as an incentive to encourage buyers to purchase their home.  The concessions, paid for by the seller, benefit the buyer in ways that may be more appealing than possibly, being able to purchase the home for a lower price. In some situations, buyers have good income, credit, and even the down payment […]
Selling Surviving Spouse Sale Period Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event.  Unfortunately, the capital gain exclusion is reduced to a single person’s share unless the survivor disposes of the property in the granted time. Married […]
Buying Coordinating the Sale and Purchase of Your Home Usually, it is easier to buy a home than to sell a home but that isn’t necessarily the case currently. In today’s market, it can be scary to sell your home before buying another because you could find yourself without a home. Most sellers will not accept a contingency on the sale of a buyer’s […]