Is the housing market going to crash in 2021? After a whirlwind year in 2020, real estate experts expect another record breaking year in 2021. Is the Housing Market Going to Crash in 2021? The housing market has shown some signs of slowing down after a record-shattering year in 2020, prompting headline writers to start [...]
Real estate market 2021: where homes are selling fast. Housing market predictions highlight the metros that’ll have the greatest sales growth in 2021. New housing market predictions from Realtor.com anticipate a strong year for buyers and sellers in 2021. This goes hand-in-hand with the strong mortgage market expected in 2021 due to continuing, historically-low interest [...]
What should I do if I don’t qualify for the full home sale exclusion? This wants to know if they have any other options to reduce taxes on the home sale. Q: We're a French family moving back to France next year. I read that a married homeowner who has lived in his principal residence [...]
Why pocket listings are a disservice to home sellers. This reader had an agent who used a pocket listing to market exclusively to a religious community. Q: I’ve been following your discussion of pocket listings with interest. I had an unfortunate experience with a broker who used a pocket listing to try to sell my [...]
How to resolve title issues. This reader sold one property but the closing attorney used the legal description for two and they need to get it fixed. Q: Earlier this year, I sold my house through a real estate company. I then moved next door to a rental home I own. A few months later, [...]
How to sell a farm property in 2020. This reader had it listed with two different agents and doesn’t feel like they made an effort to make the sale. Q: I own a large farm that I have been trying to sell. I have had cattle, we do hay and have a hunting lease. But [...]
Can you sell a house if you are on the title but not the mortgage? Two names were on the title, but only one was on the mortgage when one spouse died. Q: My stepfather bought a house in Miami in 1999 and he included my mom on the title of the property at that [...]
Why are pocket listings banned? Explaining the reasoning behind the National Association of Realtors (NAR) banning pocket listings. Q: You recently answered a question about a home seller paying the commission to an agent for a "pocket listing." You bypass the larger issue and the reason that so-called pocket listings are against the National Association [...]
Do I have to pay tax on property sold overseas? This reader wants to use funds from the property sale to invest in real estate in California. Q: I own a piece of real estate overseas and I’ve owned it for quite some time, even before I became a U.S. citizen. I would like to [...]
Do I have to pay a buyer’s agent commission? This home seller doesn’t feel like the buyer’s real estate agent has done anything to deserve commission. Q: I am a seller who has an agent that claims he has a buyer for my property. He wants to do a pocket listing. I am absolutely outraged [...]
