Buying a home is a momentous time in one’s life and, accordingly, congratulatory pats on the back abound — as does unsolicited advice. Everyone has insight about everything from how to pick the perfect house to saving money on home repairs.
However, there’s not nearly as much fanfare when it comes time to sell your house. In fact, where information was so readily given when you were buying your home, you’ll likely find you have to hunt down advice when you decide to sell. And we’re not just talking about the standard stuff like staging. Rather, here are a few lesser known tidbits that could come in handy.
Yes, you could have to pay taxes on the sale
There’s good news, and there’s bad news. Let’s rip off the Band-Aid and get the bad out of the way, shall we? It’s entirely possible you will have to pay taxes on the sale...
Buying a home is stressful even in the best buyer’s market conditions. But when homes are flying off the shelf at a record pace, with bidding wars and crowded open houses to boot, it becomes downright overwhelming. Fortunately, there are a few elements of homebuying stress you can cross off your list. Here are a few *low-priority* things you don’t actually need to worry about, from landscaping to pricing.
Specifics aside, above all else, try to surround yourself with seriously thoughtful and experienced experts who have your best interests in mind. You can’t be aware of everything at all times, so the second-best option is aligning with a strong team, first and foremost consisting of a knowledgeable Realtor, lender, and home inspector. Your Realtor will then rely on a strong attorney, title company, lender and appraiser.
Buying a home is a big-time undertaking, and knowing what to look for before making an offer can be a little unnerving for anyone on the hunt, especially first-time homebuyers.Whether you’re considering living in an urban, suburban or rural area, make sure, first and foremost, that it’s safe and clean and that you’re OK with the noise and traffic levels. Location is just one factor. To help with the rest, we made a list of 18 more things homebuyers should check off before putting an offer on a property.
Neighborhood: Are neighboring homes and yards well-kept, or do they seem run-down and neglected? Are the streets and sidewalks in good condition, or are they littered with trash and debris? A well-maintained neighborhood can indicate that people take pride in their community and are willing to work together to keep it looking nice.