by maria | Sep 12, 2016 | Exclusive QA |
This is a tough decision, but the answer will depend on your personal situation, as well as the condition of the local housing market. If you put your home on the market first, you may have to scramble to find another one before settlement, which could cause you to...
by maria | Sep 12, 2016 | Exclusive QA |
Start by finding out its worth. Contact an agent for a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood properties, or get a certified appraiser to provide an appraisal. Next, get busy working on the...
by maria | Sep 12, 2016 | Exclusive QA |
The best time to sell is when you are ready, or when you must. That is, when you have outgrown the space in your current home, or you prefer to trade down to something smaller. Perhaps your marital status has changed, which necessitates a move, or you need to relocate...
by maria | Sep 9, 2016 | Exclusive QA |
Yes, but only after you have sold your home. According to the IRS, home improvements add to the basis, or value, of your home. A tax-acceptable improvement is defined as one that adds value to your home, “considerably” prolongs your home’s useful life, or adapts your...
by maria | Sep 9, 2016 | Exclusive QA |
One percent of the purchase price of your home every year to cover everything from painting to repairing gutters to caulking windows and maintaining routine system repairs and maintenance. An older home may require more maintenance, although much will depend on how...