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FAQ
general
• Do sellers have to disclose the terms of other offers?
• How do I prepare the house for sale?
• How long do bankruptcies and foreclosures stay on a credit report?
• Should I add on or buy a bigger home?
• What are some tips on negotiation?
• What do all of those real estate acronyms in the ads mean?
appraisals and market value
• How is a home's value determined?
• What is the difference between market value and appraised value?
• What standards do appraisers use to estimate value?
• What's a house worth?
disclosure
• Do I need an attorney when I buy a house?
• How do I get the real scoop on homes I am looking at?
• What are the standard contingencies?
• What repairs should the seller make?
• Whose obligation is it to disclose pertinent information about a property?
• Will a neighbor problem reduce the value of my property?
escrow and closing costs
• What contingencies should be put in an offer?
• Where do I get information about closing costs?
lease options
• How do lease options work and what are the benefits?
• What is a lease option?
• Where do I get information on lease options?
negotiating
• Are low-ball offers advisable?
• Do I have to consider contingencies?
• How is the price set?
• Is a low offer a good idea?
• Is there a secret to good negotiating?
• What is the best time to sell your house?
pricing the house to sell
• How do you prepare a house to sell?
• How does someone sell a slow mover?
• What are the standard ways of finding out how much a home is worth?
• What are the two most important factors when selling a home?
• What is the best time to buy?
• What is the difference between list and sales prices?
• What is the difference between list price, sales price and appraised value?
• Where do I get information on housing market stats?
property taxes
• Are property taxes deductible?
• Are taxes on second homes deductible?
• How do property taxes work?
• What is an impound account?
• Where can I learn more about appealing my property taxes?
seller financing
• How are the rates set for seller financing?
• What are the benefits of seller financing?
• What is seller financing?
selling at a loss
• Can a home seller sell a home for less than its mortgage?
• When does foreclosure begin?
tax considerations
• Are seller-paid points deductible?
• Can I deduct the loss I suffered when I sold my home?
• What are the rules on capital gains when inheriting a house?
• What home-buying costs are deductible?
• Where do I get information on IRS publications?
whom to contact
• How do I reach the IRS?
• Where do I get information about finding a real estate attorney?
• Where do I get information on filing consumer complaints?
working with a real estate agent
• Are commissions negotiable?
• How do I find a good real estate agent?
• How many people sell their homes themselves?
information courtesy of yahoo |
