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Sellers

sellers

Tax implications when selling

Alex Colley, December 26 2019

If you owned and lived in the home for two of the five years before the sale, then up to $250,000 of profit is tax-free. If you are married and file a joint return, the tax-free amount doubles to $500,000. The law lets you "exclude" this much otherwise taxable profit from your taxable income. (the key factor is that on their federal tax returns, t...

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sellers

Checklist for a Better Home Showing

Alex Colley, December 16 2019

Remove clutter  Clear off counters and pack unnecessary decorative items. Put extra furniture in storage, and remove out-of-season items. Don’t forget to clean out the garage, too. Let it shine  Cleaning windows and screens will help bring more light into your home. Replace burnt bulbs, and consider higher wattage in low-light areas. Clean the wall...

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sellers

Should I get a pre-listing inspection?

Alex Colley, December 16 2019

If there is one thing that most home sellers fail to do before listing their home for sale it is to have a home inspection. According to the U.S. General Accounting Office, more than 85% of home buyers who applied for a mortgage also requested an inspection — not too surprising, since home inspections reveal hidden flaws and potentially pricey re...

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sellers

Your home is SOLD, let's get you ready for closing day

Alex Colley, December 11 2019

visit our sellers section

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