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Home Selling in Snellville : Real Estate Advice

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  • Home Buying47
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Activity 11
Wed May 17, 2017
Scott Godzyk answered:
If you click on your name upper right, then scroll down to listings and edit , you should be able to schedule an open house on your listings you have published. If your listings are not sowing, make sure the box ids clicked on your MLS to include in Trulia. If your MLS does not have this, you will have to find a third party service to get your listing on sites such as Trulia. ... more
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Sat Mar 25, 2017
Andrew Sterling answered:
It's not true that simply adding a closet converts a bonus room into a bedroom. It takes more to make a room into a bedroom. Size, location and windows all are factors that influence that outcome. In the real estate listing world an agent wants to get the maximum potential of a house hence they think that simply adding a closet will get them a higher value. In reality to convert a room into a bedroom you will need to pull permits and change the city profile to reflect the additional room in the overall sqft. I can help answer more of your questions if you call me at 888-221-6663 ... more
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Sun Mar 19, 2017
Joyfromcal answered:
I can see all sorts of nice answers to be considered. Haven't seen any on the Tax consequence. Here is my dilemma, and any comment would be nice. If I sell the house with Furniture for 220K and the house is 200K plus furnishing 20K, for the property tax purpose house cost will be 200K. @rate of 3% - property tax will be 6K/Y. If I consider 220K the property tax will be 6.4K/Yr. For the seller, if they have to pay the capital gains Tax, will it be more if the sell for 220K combined price? ... more
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Sun Jan 24, 2016
Solomon Greene answered:
Trulia sources property information from the tax records of the construction provided by the original builder. Those records are updated when any permitted work is done after construction.

One common source of confusion is what is and is not a bedroom. The basement is also another area that often needs an explanation. I welcome the opportunity to speak with you about the incorrect information. If there is interest, please call me.

Solomon Greene
... more
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Mon Sep 28, 2015
dploves2sellhomes answered:
Good morning, Athea.
Are you referring to home you see listed or are you asking about your own home? Please provide more specific information, so your question can be answered correctly.
Have a great day.
... more
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Mon Aug 31, 2015
Jeri Patrick answered:
Fri Mar 6, 2015
Kim Carnagey answered:
YES Disclose! There should be a separate form to go with the contract about the non-Real Estate items being purchased in the sale.
0 votes 5 answers Share Flag
Sun Feb 3, 2013
Stephanie McCarty answered:
Doesn't look like it's going to work unless it's a short sale and I doubt you can even close a short sale with a tax lien. I would suggest that you contact a real estate attorney in Gwinnett county to determine the best legal course of action and then find an experienced full time REALTOR to assist you. Best of luck. ... more
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Mon Sep 26, 2011
Karsten Torch answered:
If you're buying a home and putting anything on the offer or contract that will come with the house, use a personal property bill of sale form. List out the items, make sure to put $0 value next to each piece. Very important. Don't leave blank, our the bank has the option of going in and assigning whatever value they want. This can cause problems. ... more
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Sat Jun 11, 2011
Karsten Torch answered:
The answers here are correct, but let me throw something in. You'll need to do a Personal Property Bill of Sale, write down the items included, and make sure to have the prices at $0. If necessary, roll the price of the furniture into the price of the house, if you haven't submitted that contract already. The reasons for this are multiple. One, and it's not a tax issue on your end, since you don't need to worry about that unless you're actually making money on your furniture above and beyond what you originally paid for it, but it is a loan issue. It can affect the terms and down payment amount of the loan. Also, it just muddies the waters, so it's generally easier to keep it simple and let the furniture go for free.

Of course, if the contract is already done and submitted, and the buyer is paying cash for the furniture, then it's really not that difficult, just do the contract and call it a day, just don't submit it with the other paperwork. It's technically none of their business. And again, unless you're actually making money off the furniture, no tax implications.

Just to cover my butt on this, check with an accountant, but I'm pretty sure I'm right on the tax part....
... more
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Wed Jun 17, 2009
Bill Eckler answered:

Be direct and get your cards on the table. If open houses are important to you make sure your agent understands this. If you have already made this clear to him/her, consider talking with their broker if they are not following through on their commitment to you. ... more
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