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Reasons To Sell Your House Before the New Year

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  For Sellers Selling Myths As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year. Get One Step Ahead of Other Sellers Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and sometimes deprioritize selling their house until the start of the new year when their schedules and social calendars calm down. But that gives you an opportunity to get one step ahead. Selling now, while other homeowners may hold off until after the holidays, can help you get a leg up on your competition. Start the process with a  real estate agent  today so you can get your house on the market before your neighbors do. Get Your House in Front of Eager Buyers  Even thoug

Take Advantage of Tax Deductions

Buyers and Sellers who complete their transactions in 2014 may be able to take advantage of the tax deductions for closing costs when they file their return in 2015.  Contact your CPA to help you maximize the deductions available to you when you are buying and selling property. 

The Functions of Escrow

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was developed. As a buyer or seller you want to be certain all conditions of sale have been met before property and money exchange hands. The technical definition of an escrow is a transaction where one party engaged in the sale, transfer or lease of real or personal property, with another person delivers a written instrument, money or other items of value to a neutral third person, called an escrow agent or escrow holder. This third person holds the money or items for disbursement upon the happening of a specified event or the performance of a specified condition. Simply stated, the escrow holder impartially carries out the written instructions g