On ThinkGlink.com, selling typically refers to selling a home, whether that home is a single-family house, a condominium, a co-op, a townhome, or a vacant piece of land. When you’re selling your home, or any piece of real estate, you need to decide what process you want to follow – whether you want to hire a real estate agent or do a for sale by owner (also known as FSBO). Selling includes, cleaning up and organizing your home, figuring out what the selling price should be, hiring the team you’ll need to sell your property (which might include an agent), potentially staging the home, negotiating the sale and closing on the transaction. Selling also includes getting the word out that your home is for sale by using every marketing means possible, including setting up an individual website for the property, listing it on Craigslist.com, Zillow.com and other sites, telling people at work or in your neighborhood that the property is for sale, and even placing a sign in your front yard. Use
Mold Problem In New Home
Home buyers purchased a new construction home that had extensive mold problems. They've decided to sell the home "as is" and want to know if they can take a capital loss on the home because of the mold problems. Unless the home was a real estate investment, the loss due to the mold is not deductible.
Selling Your Home: Fix Broken Items Before Listing Your Home
One of the most important things to do before selling your home is fixing all the items that are broken. Leaving items broken and listing a home is one of the biggest makes homeowners make when preparing to sell a home. Selling your home is much easier when everything is in perfect working order!
Real Estate Minute: Prepare To Sell Your Home
Real Estate Minute with Ilyce Glink Selling Your Home this fall? Get going now. Original Air Date: July 12, 2006
Home Sale Falls Through
A home seller had a sale fall through and weren't told until after the closing date, resulting in many problems. If the buyer didn't notify the seller under the terms of the contract, the buyer may be in default under the contract. The contract may allow the seller to sue for damages caused by the sale following through.
If You Want To Sell Faster, Fix What’s Broke!
In the current real estate market, a home may not sell for months. One home seller managed to sell her home at the first open house. She gives you tips on getting your house in "blue ribbon" condition and selling it fast.
Selling A Home Fails Due To Square Footage Inaccuracy
When you're selling your home, you'll need to tell prospective buyers how much square footage your home has. Careful buyers may do their own square footage calculation when they want to buy a home. There are many ways to calculate the square footage of a home you're selling.
Buying A Home Before Selling Your Own
Many people face the same question: Should I buy a home first, or sell my current home first? There is a short-term loan program known as a "bridge loan" that can help you cover the extra cost of new mortgage before you've sold your current home. A home equity line of credit may also help cover the costs of buying a new home before you've sold yours.
Is The Tide Turning On Interest Rates And Home Sales?
As interest rates move upward, the real estate market seems to be slowing. The good news is that interest rates should stabilize around historically low rates, allowing buyers to keep their hand in the market. The bad news is sellers probably shouldn't expect the huge payoffs the market has been seeing.
Selling Inherited Vacation Property
Is it a good idea to wait to sell inherited property? There's no reason to wait to sell inherited property, especially if the right time in the market is now. Plus, inheriting property at the current market value means no capital gains tax on the inheritance upon selling.
Selling Nightmares: How A Few Months Can Change An Entire Marketplace
Unfortunately for home sellers nationwide, the red hot seller's market of the last few years has cooled -- dramatically in some places. The best thing you can do is be realistic about your local market. Here are some things to keep in mind in a down seller's market.