Easy as pie. When you submit an offer you'll need to include a POF (proof of funds). This can be a letter from your bank or a monthly bank statement of some kind. Use a good buyer's agent and they can help you with the rest.... more
A garage will add value to your property and the fact that others in your neighborhood do not have one makes it even more important for you to keep it. I would put my money into the new roof and structure of the garage, keep the curb cut and have my property stand out from the rest.... more
That is a difficult question given your scenario. Normally (IMO), 3-BR and 2-BA does trump the 3-BR and 1-BA. In your situation where you are putting a bath in the basement it creates a dilemma in the minds of some buyers. Some do not like living spaces in the basement unless it is a full walk-out basement.
I would contact a local Realtor and get them to view the space to give you their opinion.
Be sure you provide proper egress in the basement if you decide to create a bedroom there. Local fire department will be a good resource for this information.... more
In this market the cleanest homes priced right sell first. So if painting and other things will freshen up the house do that. If you spent $10-15,000 redoing the bath and bedroom with permits and new window then you might sell quicker and get your money back. How high is your ceiling and does your basement feel good when you go down there or does it feel low the ceiling? The best basement the heat ducts are not close to your head and if they are it does not feel good that is very hard to over come. I could show you homes with bedrooms in the basement and you will see what I am talking about. The more light you can get in an basement the better it feels along with head room. There are also legal headroom for living space so that will all be approved with the permits. Good luck,
Tom Inglesby, Broker
RE/MAX Equity Group
You can sell your home anytime you wish. You need to make sure whatever contract or lease you have with your tenant is followed. As has been mentioned, you may want to do a 1031 exchange to defer taxes. To do that you need to talk with a CPA to find out where you are with taxes. With the new laws passed recently - taxes this coming year will be much higher- the last thing you want to do is sell the home and THEN find out the tax penalty you are responsible for. Check it before you sell. Hope you get what you need~... more