After finding a buyer, all you have to do to make it to closing is to avoid these five traps. Mistake #1: Ignore contingencies If your contract requires you to do something before the sale, do it. If the buyers make the sale contingent on certain repairs, don’t do cheap patch-jobs and expect the buyers…
Category Archives: Sellers
5 Tips to Prepare Your Huntington Beach Home for Sale
Working to get your home ship-shape for showings will increase its value and shorten your sales time. 1. Have a home inspection Be proactive by arranging for a pre-sale home inspection. For $250 to $400, an inspector will warn you about troubles that could make potential buyers balk. Make repairs before putting your home on…
Posted in Sellers Leave a comment
Help for Homeowners Facing Foreclosure
Today, thousands of homeowners are finding themselves with properties they can no longer afford. Some are behind in their payments, or soon to be late. Some have tried to work out a loan modification with their lender and were declined, and some homeowners simply want to get from under the property, but don’t want a…
Also posted in Real Estate News Leave a comment
Tax Relief on Mortgage Debt Forgiveness Ends January 2013
The Mortgage Forgiveness Debt Relief Act of 2007 allows homeowners to exclude from income certain debts forgive by their lenders. The window is closing rapidly on one of the most important tax-relief provisions enacted by Congress during the housing crisis to help financially strapped homeowners. Under the tax code, borrowed money need not be reported…