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Glenda Marks
"SELL YOUR HOME in 60 DAYS or LESS"
- 11 Helpful Answers
- 162 Answers
- 2 Questions
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AUCTIONEER for Marks Real Esate & Auction Co.
July 2007—present
Can't get your property sold? Auction may be the answer. We can also liquidate your…
Can't get your property sold? Auction may be the answer. We can also liquidate your…
BROKER / OWNER for Marks Real Estate & Auction Co.
July 2009—present
FULL real estate services with discount commission prices. Serving NC and SC and VA.
... show more
FULL real estate services with discount commission prices. Serving NC and SC and VA.
Specialties:
Providing exemplary service in the real estate and auction fields.
Diligent in advertising and networking to get your product sold. ... show more
Diligent in advertising and networking to get your product sold. ... show more
Certifications
& Awards:
& Awards:
GRI - Graduate Realtors Institute
ABR - Accredited Buyers Representative ... show more
ABR - Accredited Buyers Representative ... show more
Interests:
Selling your property FAST!!!
About:
Auction Advantages
SELL YOUR HOME IN 60 DAYS OR LESS!! ... show more
SELL YOUR HOME IN 60 DAYS OR LESS!! ... show more
Testimonials:
"Glenda provided us with excellent service. We did not know we could purchase as much home as we were able. KW"
KW Mon May 26, 2008 ... show more
KW Mon May 26, 2008 ... show more
Glenda Marks answered:
It your parents have an equity loan secured by the home, then it will come out of the proceeds at closing per their agreement with the lender. If the equity loan is not secured, then it could be paid off in other ways, but more than likely it is secured with the home.
Yes, a real estate attorney can handle the transfer of the property from your parents to you, paying off the equity loan, taxes due, preparation of a new deed. You will want to ask the attorney about Grantor's tax or tax on the sale of the property. Also sounds like you will be the owner of the property and give them a life estate?
Again, I will be glad to meet with you and/or your parents to discuss all these alternatives and go over any and all solutions that may be workable for all of you.
Yes, a real estate attorney can handle the transfer of the property from your parents to you, paying off the equity loan, taxes due, preparation of a new deed. You will want to ask the attorney about Grantor's tax or tax on the sale of the property. Also sounds like you will be the owner of the property and give them a life estate?
Again, I will be glad to meet with you and/or your parents to discuss all these alternatives and go over any and all solutions that may be workable for all of you.
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