Posted on March 21, 2020 - 11:15 AM
by Leesa Byrnes
What's in a name? When a title company seeks to uncover matters affecting title to real property, the answer is, "Quite a bit." Statements of Information provide title companies with the information they need to distinguish the buyers and sellers of rea...
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Posted on March 21, 2020 - 11:13 AM
by Leesa Byrnes
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 knowledg...
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Posted on March 21, 2020 - 11:12 AM
by Leesa Byrnes
In today's world of busy probate courts and exorbitant death taxes, the living trust has become a common manner of holding title to real property. The following may help you understand a few of the requirements of the title insurance industry if title to ...
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Posted on March 21, 2020 - 11:12 AM
by Leesa Byrnes
Sellers of real property will have certain information regarding the sale reported to the Internal Revenue Service. This required reporting is a consequence of the Tax Reform Act of 1986; it is intended to encourage taxpayer compliance and aid in audit a...
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Posted on March 21, 2020 - 11:11 AM
by Leesa Byrnes
Creative financing: You've heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becoming a lender? You better know the same things that financial in...
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Posted on March 21, 2020 - 11:10 AM
by Leesa Byrnes
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer. Some terms that may work in your favor: higher-t...
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Posted on March 21, 2020 - 11:09 AM
by Leesa Byrnes
In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want. T...
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Posted on March 21, 2020 - 11:09 AM
by Leesa Byrnes
FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents'...
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Posted on March 21, 2020 - 11:09 AM
by Leesa Byrnes
Not all agents work the same way. The most important attribute of an agent is that he/she is well connected to the real estate industry. He/she should know the market and provide information on past sales, current listings, his or her marketing plan, and ...
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Posted on March 21, 2020 - 11:08 AM
by Leesa Byrnes
Analyze why you are selling - If you understand your motives, you will be able to better negotiate and to get what it is that you want, whether it be a quick sale, high price, or somewhere in the middle. Prepare your home for the buyer - Maximize the s...
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