Does Moving Up Make Sense?

These questions will help you decide whether you’re ready for a home that’s larger or in a more desirable location. If you answer yes to most of the questions, it’s a sign that you may be ready to move. Have you built substantial equity in your current home? Look at your annual mortgage statement or call your lender to find …

Understanding Capital Gains in Real Estate

Understanding Capital Gains in Real Estate When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, capital gains …

Why You Should Work With a REALTOR

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR®. You’ll have an expert to guide you through the process. …

Forms You’ll Need to Sell Your Home.

1.Property disclosure form. This form requires you to reveal all known defects to your property. Check with your state government to see if there is a special form required in your state. 2.Purchasers access to premises agreement. This agreement sets conditions for permitting the buyer to enter your home for activities such as measuring for draperies before you move. 3.Sales …

Five Areas That Can Hurt Your Appraisal

by Phoebe Chongchua When you're listing your home for sale, one of the things that is very vital is the appraisal. Yet, this is an area that can be significantly positively or negatively influenced by what you do or don't do to your home before it is appraised. Knowing which areas to pay particular attention to can help you increase …

Tips for Finding the Perfect Neighborhood.

Your neighborhood has a big impact on your lifestyle. Follow these steps to find the perfect community to call home. Is it close to your favorite spots? Make a list of the activities — movies, health club, church, etc. — you engage in regularly and stores you visit frequently. See how far you would have to travel from each neighborhood …

Is Your Buyer Qualified?

Unless the buyer who makes an offer on your home has the resources to qualify for a mortgage, you may not really have a sale. If possible, try to determine a buyer’s financial status before signing the contract. Ask the following: Has the buyer been prequalified or preapproved (even better) for a mortgage? Such buyers will be in a much …

Moving With Pets

Moving to a new home can be stressful on your pets, but there are many things you can do to make the process as painless as possible. Experts at The Pet Realty Network in Naples, Fla., offer these helpful tips for easing the transition and keeping pets safe during the move. Update your pet’s tag. Make sure your pet is …

How High Tech is Your Home?

If the latest technology or entertainment options are important in your new home, add the following questions to your buyer’s checklist. Are there enough jacks in every room for cable TV and high-speed Internet hookups? Are there ample telephone extensions or jacks? Is the home pre-wired for home theater or multiroom audio and video? Does it have in-wall speakers? Does …

12 Questions to Ask When Choosing Your REALTOR®

How long have you been in residential real estate sales? Is it your full-time job? While experience is no guarantee of skill, real estate — like many other professions — is mostly learned on the job. What designations do you hold? Designations such as GRI and CRS®, which require that agents take additional, specialized real estate training, are held only …