If you've got a good agent helping you with your house for sale or putting your apartment up for rent, I can tell you that having an open house and staging the scenes of each room is almost a requirement! People have imaginations to envision what they would do with a certain room here and there, but it never hurts to give them a little nudge to help them along the way. In any case, isn't is wonderful to see the living floor and bedrooms so clean and well put together?... more
A lot of has been posted on what criteria to use. The choice of realtor is really how much your realtor is focusing on your interest instead of his or hers.
Assuming your agent has 10 properties on the market, he/she is unlikely to give you much help after the sign off of contract. I have yet to find the assistant/team have or any idea what has been done or you are going.
Most homes in MV sells by itself with internet/mls. 99% will say the same thing.... more
Well, it's a year since this question was posted, and as you can see, the market in Silicon Valley is far from crashing! Especially now that companies are finally hiring more people and there is an influx into the area, business is booming as we can see by the growth of the stock market. As the IPO market comes back there will be only more competition for homes in this area. The good news is that more and more people are able to work from home, and able to buy homes in the outer bay areas, or have investments in real estate for retirement for the future. Please drop me a line if I can help you with information about opportunities in the wine country of Sonoma County, please drop me a line! Best, Terry Bell, Realtor
Creative Property Services
Santa Rosa, CA
Tell them you want to cancel, and it sounds like the agent don't want to seek it. You can go directly to the broker and let them know the situation and they should release you from the contact.... more
Not necessarily. While the Mortgage Debt Foregiveness Relief Act expired at the end of 2013 and has not been resigned or extended as of this writing, you may still escape taxation of you meet the insolvency test with the IRS (See IRS form 4681). Note that you may still be subject to state taxation even if you meet the federal guidelines.
As always, consult your tax professional as the opinions on this forum are just that.... more
Well, I think the place to start is to contact your tax accountant and see what the effect would be for your selling this year instead of waiting. I think everyone has gotten very nervous about the quick upswing of the market after the disasterous fall of the economy. While there may be some fluctuations in the market along the way of recovery, I think the trend will continue to go up especially in your area where all the tech companies seem to be booming and adding more employees.
If your tax accountant feels that it would not make a significant difference to sell this year instead of next, I would suggest selling this year. However, It sounds like you are talking about your tenants wanting to leave before the end of their lease. If so, why not negotiate with them to stay a month or two more and then put the house up for sale with a close of escrow right after the new year. Why not run the idea by your tax accountant and see if that would meet the requirements.... more
Thats the prob with 2nd liens, they hold a lot of power, can change there minds up to closing day! first, is the seller compliant with the bank doc requirements? Too often I have seen sellers faking compliance with bank in order to stall the process and live there for free as long as they can.... more