Reading Time: 7 minutes Homebuying can be a convoluted process requiring many different moving parts to come together. That includes things like the buyer having to solidify their loan applications, the seller needing to get pre-approvals, and more. All of these parts need to culminate into one thing: a successful real estate sale. But
Reading Time: 7 minutes Houses that are sold at auctions are sometimes thought of as lesser in some way because they’ve gained a reputation for being “problematic” in some way. The reality is that if you were to buy or sell a house at a property auction, you are more likely to find a
Reading Time: 7 minutes When the time comes around to sell a house, it might suddenly occur to you that the house may need some repair. Having a home ready to sell in a good state of repair can pay off when it comes to your asking price. The majority of buyers out here
Reading Time: 4 minutes Selling a house to a family member creates a sticky situation. When you sell to a stranger, there’s an arm’s length transaction which usually means both parties’ interests are protected and the IRS doesn’t eyeball the situation too much. If you sell to a family member, it’s a whole new
Reading Time: 7 minutes If you’re planning to sell an investment property, there are some costs you need to prepare for before buyers get involved. There are general transfer costs and other expenses that will apply as the house changes hands and it’s important to be ready for them when the time comes. Repair
Reading Time: 3 minutes The short answer is ‘yes’ you can sell a house immediately after buying it. There aren’t any rules or laws stating you can’t. The bigger question is should you sell a house immediately after buying it? If it’s your primary residence, there are many factors to consider including capital gains and breaking even.
Reading Time: 3 minutes Investing in real estate is profitable for thousands of investors, but it also hits many in the gut when tax time comes around. Capital gains mean increased income, higher tax liabilities, and more frustration on the part of real estate investors. Suddenly the profits you thought you made get swallowed
Reading Time: 6 minutes Sometimes it happens that you put a house up for sale and despite your best efforts it just won’t sell. You may have acquired it for a good price and renovated the whole thing, but that doesn’t mean that it will sell quickly once it hits the market. Even the
Reading Time: 5 minutes When preparing to sell your home, you want to ensure that you have done all you can to increase the value before it goes on the market. The goal is to present the property in a way that gives a great first impression when viewed by potential buyers, and by
Reading Time: 3 minutes With the current COVID-19 outbreak, many buyers are considering waiting until 2021 to buy a house and no one can blame them. The impending recession is a major concern for buyers and sellers and the real estate market will be affected. Whether you should buy a house now or wait
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