Can a buyer assume my mortgage?

seller handing house keys to buyer

Assuming a mortgage is the act of taking over someone else’s mortgage debt, along with the home. Typically this is the general outline for this type of sale: The buyer makes an offer. Negotiations ensue. The seller accepts the offer. Instead of paying the offer price in cash or via mortgage financing, the buyer pays … Continued

A Seller’s Guide To Negotiations & Counter-Offers

people negotiating pic

You’ve employed a Realtor®, established a listing price for your home and put  your house on the market. Perhaps several buyers have completed showings, and one or two have perhaps even been highly complimentary about your home. Sooner or later, you’re going to find the buyer(s) that are interested enough that they will make an … Continued

Easy Fix For Scratches On Your Hardwood Floors!

gleaming wood flooring

Step 1: Grab a walnut. (Yes, a walnut!) Use a raw walnut. Make sure it’s not candied or cooked in any way. Step 2: Rub the walnut on the scratch. Rub the walnut in the same direction as the wood grain. It should take just a few swipes with the walnut to help make the … Continued

Tips For Selling Your Home!

Ready to sell your home? Here are some critical selling tips for preparing your home for sale! View your home from the buyers’ vantage point. Step out to the street and view your home. What are the first things you notice? Is your front exterior neat, clean & in good repair? Has the lawn been … Continued

Five Little-Known Factors That Could Affect Your Home Sale

pic of number 5 painted on home exterior door

Many sellers who are preparing to sell their homes – do things like making minor repairs, cleaning carpet, updating paint, etc.. Making the appropriate updates & upgrades may help set your home apart! However, here are some additional items to consider: 1. Invisible Gas. Radon gas is found all over the United States and is a … Continued

Benefits Of Accepting A Cash Offer On A House

hundred dollar bills

Sometimes cash is king. While cash often brings strength to an offer, and you don’t risk the volatility of a buyer who is subject to getting a mortgage to buy your property, is the cash offer always the right deal for your home sale? The Appeal of Cash:  The first thing you need to address … Continued

What You Need To Know About Capital Gains & Real Estate Sales

Ten Things You Need To Know About Capital Gains Tax When you sell your property, the IRS may exclude up to $250,000 of your capital gain from your taxes if single, and up to $500,000 if married, and filing a joint tax return. Many homeowners take advantage of this law. Here are the top ten facts every home seller should … Continued

Renting vs Selling – Pros & Cons

Some homeowners consider renting their property, often with the belief that they will receive good solid rental income during the rental period. Renting has definite pros, but also some cons you should consider. One of those areas that a landlord may assume will offer a huge break is with regard to paying taxes on rental … Continued

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