Home Selling—questions & answers, advice and opinions page 221

Tax write off rules on capital loss for investment properties??
We bought our starter home near the height of the market in 2005. We are now approximately 100K upside down on our home. We have no problem affording our monthly payments (we've been making extra…
How do you get a listing completely removed from your site?
I removed one of my listings from your site. It no longer shows up in my listings (in my account) However, if you put in the 911 address and search, it's still comes up? How can I get it completely…
We bought a house in Minnesota about 5 years ago and we are attempting to sell! When we bought the house they listed it as 2 bedrooms upstairs. My
husband's father is a general contractor so we knew the windows did not meet egress code so we built a bedroom downstairs. Is it true that the windows must be egress to be considered a legal bedroom?…
Sellers contingency
My wife and I are looking to buy a bigger house in our town.  However, the few that we have liked so far did not even look at our offer because we still have a home to sell and have not yet placed it…
I am the listing agent on 6 Post Ln, Livingston NJ 07039 listed at $1,090,000. The listing is posted on Trulia.com but with the wrong agent.
I, Calina Chan of Coldwell Banker Realtors is the listing agent not Don Wenner from Keller Williams. How soon can you fix the problem?.
How do I determine the suitability of my vacant residential lot to sell as commercial?
I own a lot that is just under 1 acre situated at a major interchange with a city street and open-access US highway. It is zoned residential and surrounded by low-income homes. How do I learn how suitable…
Does Staging helps you sell a home faster?
I would like to know if agents are using the powerful tool of Staging to see their houses faster?
SHORT SALE QUESTION: We own two houses. We are living in one we built 2 years ago. We put the old one on the market at the time we started tobuild
the new one. We just recieved a offer on the old (200,000.00 short of asking price). Due to the current market conditions I do believe it is at least 150,000 over priced at this time. We have not missed…
I have a short sale pending and I'm working with a broker. I've gone so far as to have a land trust on the property while the short sale is
being approved. My agent is saying that the mortgage company is playing hard ball and that he is going to get the interested buyer to rent the property if it's okay with me? While we wait I would…
How to find a top Realtor in Fruitland park Florida? Top 10% of sales?
Hello, I am looking for a new realtor. I listed it with Era for 6 months with no real offers. Who is the top realtor in your company sales wise? Top 10% of sales in the Leesburg office? Right now my home…
We bought propert1-1/2 acre in 2005, it had an old mobile home on it, which we had removed, and had anew 2005 manufactured home put on and 2 car attac
Yes i would like to know, why you have our home and property not updated? we bought the property in 2005, it is 1-1/2 acre it had an old mobile home on the property which we had dissasimbeled and removed…
How do I make our listing description the most attractive and welcoming to buyers?
Do the phrases "motivated seller" or "make an offer!" work to make buyers feel more comfortable putting in an offer when they might otherwise have not? Any other phrases work to make…
My house is located in Carroll County, Woodbine, MD. I improved the basement and made it a full private entrance apartment with one large bedroom.
Will this improvement add value to the resale of my home. The aparment could be used for nannies, in-law suite, or renters to help with the mortgage??
I cannot update a listing that needs to be resubmitted and when i hit the resubmit button it does nothing!
My add at 652 Fremont Fish Haven, Id. 83287 says that I need to "resubmit" but when I try to change the info and resubmit it will not take! I can be reached at: gbender1@hotmail.com
NEED ADVICE FROM FELLOW REALTORS ON A SHORT SALE SITUATION
I am a buyers agent on a short sale. Seller accepted my buyer's offer. Offer was submited to lender. Lender replied today that would accept offer, but, they will only pay 3% in closing costs. My…
Capital Gain
Someone just told me that if your profit is less than 250K you don't have to pay taxes on the property you sell. Is this true?
Should an owner of an apt. in a dog-friendly building expect to receive more $$ for their apt than an owner in a non-friendly building for comp. apt?
all other factors being equal as my bd of drectors on my coop is considering amending house rules to allow dogs...currently only allows cats?
Self Marketing Strategies,,, Please help
Even though i got a real estate agent, what are some good Marketing strategies i can do myself to get traffic? and during the showing?al details about your question
Are you a motivated seller in a buyer's market!?
Join the club lol. You're not alone. Feel free to use this thread to discuss your experiences in this crazy market!
How long does the trustee in a bankruptcy chapter 7 have to sell a seized share in a living estate (a home) in WI that is currently legally occupied?
We have been told conflicting info from 2 dif lawyers on whether this would be of interest to the trustee. We cannot liquefy cash as someone is living there and cannot be evicted. It cannot be sold until…
I have two more questions and I think I'm good. I'm going to offer 3% to any realtor that brings a buyer to me for my house. I
don't want to advertise that to the actual home buyer. Is there some kind of code term that I can use... my friend said if I says its buyer protected (or something like that), realtors or buyer agents…
During 10 day inspection period of a Florida Real estate sales contract the buyer does not have an inspection done and backs out of deal on the 10th
day. Is the buyer entitled to his escrow deposit back? Do I, the seller have to authorize release of escrow funds?
Is it a good idea to list your home with the same agent who is selling the house you are interested in buying?
We have found the perfect house but we have just made the decision to sell our own home. Is it a good idea to list our home with same agent representing the seller of the home we'd like to purchase?
Our home is the largest in our area. The home across the street sold at $90/sq foot. They are comparing our house to it, even though our home is
twice as large, beautifully finished by a contractor (theirs was done by the owner, and he did a nice job) they are appraising ours for a much much lower value, $37 a square foot. Am I crazy or is this…
I have a home for sale in Sneads, FL and it is listed with my Realtor for $56,000. My friend is a mortgage broker and wants me to ask my Realtor to
increase the asking price to $62,000, with $10,000 seller's assist. My friend is insistent that his flyer along with my Realtors info will help to increase buyer's interest. Is this a good idea?…
how can i sell my share in a property that i am not the majority holder?
my brothers and i inherited a house and lot. one of my brother owns 50% of the property (it was a business venture between him and my mother) another 12.5% (from the inheritance). i want to sell my…
Can anyone tell me how a lease purchase is handled. Do you list it that way or do you list it like a regular?
listing and then add something in the agreement. Also do you agree on a price in the beginning or at the end of the lease. Do you list as a home for rent with a lease purchase option or a home for sale…
What is the average cost per sq foot in the 95357 zip code for single family homes?
3 bedroom 2.5 baths, 12,000 sq ft lot, with in ground pool/spa, 1725 sq ft living space, 2 story home built in 1990.
If I sell my house for less than I purchased it for but I make a profit, do I still have to pay capital gains in the state of Texas?
Bought it for $243,000 (put down $100,00.00) in 2005. Selling it for $215,000. My net will be approximately $61,000.00 after closing, real-state etc. fees. Do I still pay capitol gains if I don't…
Reduced Commission / Realtor Territories
I would like to sell my 2br/2ba condo, but do not want to pay the full 5/6% commission. Is it possible to ask my selling realtor to take a 1.5 commission and also agree with this reduced commission that…
Can my agent withhold offers? What can I do?
My home was sold, but now I have learned a buyer put in a bid I never saw (higher amount). What recourse do I have? Can I force the realtor or agency to pay the difference? I'm in California.
GLEN ROCK, 2 BR house with 2 BR on Prospect Ave.
I have a house of 1500 SQFT, with completed basement on prospect Ave Glen rock. How much would this hose on the MARKET with current conditions.
I have an awkward situation. The original owner of the subject property applied for a 3 Yr Arm Mortgage and purchased the property.
Prior to the Arm running out, the original owner deeded the property to two other people (w/o satisfying the mortgage). Shortly thereafter, the original owner (and current debtor/mortgagor) declares bankruptcy,…
Rent my suburban condo or sell while the new buyer credit is still in place?
I just got approval to rent my 1 BR / 1 Den / 1.5 Ba condo in New Albany, OH. I bought in 2003, thinking I'd be here 3 - 4 years, but obviously I'm still around - even though my job moved about…
Want to sell, but home is worth less than owed- do I have to FSBO?
We want a larger home and now is the time to buy. With no equity and the likelihood we will owe the bank thousands, I can't see how we could also pay a realtor's commission out of pocket and still have…
Sell Vs Lease
Hi, We are planning to relocate to Dallas, Tx from Canton, MI. We have house in Canton, MI, which I bought in 2001. Current house value is justaround $230, 000. I am thinking of either selling the house…
I currently have my home on the market listed at around $260K even though it appraised last May at $285K.
I don't have to sell right now, so I was wondering if I could expect to get a better price for my home in a year or so. Hopefully, it won't be such a buyers market then. Are other homes out…
Where do i apply for the 1500 dollars relocation credit? I am in the middle of a shortsale and am loosing my primary residence do to lack of income
and the economy. I also am loosing my 65K i put down 4 years ago. Does anyone know about the credit yet?
In a Short Sale, should the bank be able to determine if the seller is behind in any other payments?
I am asking because Bank of America is now pulling credit without letting the seller know. If they are current on everything buyt their mortgage, they are asking for a note or cash payment. Is this not…
Special Assessment tax questions,,
Alright why cant a person put the special assessment into the mortgage, especially a person who is the second owner? This is the thing that is screwing owners of certain houses that are trying to sell…
i recently started looking at townhomes/condos that have a hoa. my problem is that i am interested in this
one townhome that has a fee of 81.00. my question is how do i get the info on the restrictions and what the fee includes without putting in a contract on this home. my realtor is not helping me with…
Trulia Spotlight Listing Problem
Did anyone else that is a Trulia Pro have all their spotlight listings change into no longer for sale? I would like to think that I could sell all my listings in one day but it did not happen. I checked…
i bought the house as a primary residence, and lived in it up until a few months ago. I bought another house, that I needed for size reasons, and
was renting the other house out, but lost my tenant, and can't afford the house now. So pursuing short sale as I am 420K upside down. Does the fact that I don't live in the house now, make a…
Are realtors reluctant to work with contigency contracts in this market, or in any market?
.Meaning, I find a home I want, and then make an offer that is contingent on selling my home, (which would be priced to sell) What if this is the only way I can buy a new property?
I am pursuing a short sale and my accountant said the IRS definition for "primary residence" is one that you lived in for 2 out of the past
5 years. I am wondering about tax implications? I am not living in the house now, but did, the last 3 .
How important are virtual tours for townhome? We have 22 photos posted.
We have a 3 br, 2.5 ba townhome in McLean, VA (1528 Westmoreland St). It's one of the least expensive townhomes in McLean. This is a great price for McLean schools! Everyone says it shows well (move-in…
Why would FHA Appraisal be so different from comps and independant appraisal?
We have a 3 bedroom 1 bath house (1800 sq ft), Single detached house with detached two car garage for sale on a triple lot approx 9000 sq ft) . Realtors told us we could “easily” get $150,000…
how can i check for liens on property?
how can I check for liens on property
Ok so plenty of realtors are telling me that i do not have to owe 1099 for my shortsale because i have always had homestead and still do.
I have always had only 1 loan and even when i refinanced i did not take any cash out. What happens if the lender asks me to pay them the difference between the loan amount and the lower sales price? There…
Can a exclusive right to sell listing agreement be cancelled based on the following scenario?
We are under contract with an agent for a few more months to sell our house in New York. My son, who was going to have to relocate to Chicago for work, doesn't have to anymore and we want to take…
HELP WITH APPRASIAL!!!
We recently got an apprasial on our home. We are familiar with how things work since this is our 10th time going through this process. BUT we got the apprasial and it is over $100,000 less than all of…
New couple here in Atlanta needing advice on where to buy with potential good resell in a few years to come.
My wife and I are new to Atlanta. We have been renting for about 6 months now and now looking to buy a place of our own. My concern is tha twe will only be in Atlanta for about 3 more years and want…
Past closing date!
We signed a P & S agreement with a party and gave them 60 days at their request for closing since they needed to transfer funds from overseas. The closing date was a week ago and we were told that…
Question is about realtors showing their buyers' hand. While in the process of selling a house my realtor
told me the buyer was making a low ball offer. She further said don't worry, the seller's agent said he is just testing the waters and will come up. So here you have a buyer trying to get a good deal…
Can a foreclosure sale be objected to on the day of sale? We thought we had loan mod thru Freddie Mac. No sale notice sent or posted. SALE IS TODAY
Is there a judicial hearing of some kind prior to sale? How to object to sale? Bank says they are trying to pospone. NO TIME!!! SALE IS TODAY
A short sale of mine didn't close, Green Tree Lending asked for 2 payments at the 9th hour after agreeing to 5,000 ( 2nd lien) is this happening
more 2nd lien holder. Has this happen to anyone else? The closing fall apart and now the home is going into foreclosure. It was a BofA 1st loan, GreenTree 2nd loan(which is BofA) and a BofA new loan....
Which color scheme will help my house sell fastest?
We're painting the exterior of our home. There is the body, a little bit of trim at the top, shutters, and of course the door. The roof is medium gray. We are painting to sell. It's a small…
It seems very obvious, but what does "total views" mean???
My home is listed, 1420 westhampton view lane, wildwood, mo 63005 It says Total Views 50 We've only had a handful of people look at it, and LOTS of compliments. Wondering if the pictures do not…
Closing Date
I'm in process of closing the deal on my home. Im really happy about this. But i thought that all will be done after at lease christmas, No I was wrong. the closing is taking place on the 17 of this…
Was looking to sell a home in Raintree Manor, looking for an agent that has a good knowledge of the Temple Terrace area and has a reasonable
Was looking to sell a home in Raintree Manor, looking for an agent that has a good knowledge of the Temple Terrace area and has a reasonable commission percentage for a military couple looking to sell…
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