Often part of an investor’s strategy is to eventually sell one property and buy another property (or properties.) Unless steps are taken to avoid it, there will be taxable consequences when this occurs. Using a 1031 Exchange, an investor can avoid the taxation that would normally occur with such a sale. Simply put, the IRS has an option for investors to defer taxation when they sell a property if they…
One of the first things you need to do as a seller, is to try imagining your house as a potential buyer would. Although, it’s not the easiest step, it will pay off during your selling journey. We’ve created this checklist to help you do just that and so you can concentrate on everything you need to successfully sell your home for the best price and highlight its unique features.…
Why did that house sell before that house, and for more money? So, the house next door is up for sale, the going price $190,000! But the house two doors down, which looks almost exactly the same as the house next door is listed for $250,000! What is happening here? This same scenario happens everywhere and every day, more often then you realize. So how can two identical homes sell…
You’ve made the big decision to sell your house. While the decision process may have felt like an enormous amount of effort, the real work is about to begin. You have to let buyers know that your house in on the market, you have to make sure you price your listing just right, and you have to make your home look appealing to buyers when they come to check it…
Do you need your home to be professionally staged before selling it? No, you do not, but it can help increase the price you are seeking as well as make it look great for potential buyers. Everyone wants their house to look its best, and by hiring a professional staging company, you have a better chance of it looking so good that buyers cannot pass it up. Some studies have…
Short notice is possibleIf someone knocks at the door who does not have an appointment, ask them to call my office to set up an appointmentOpen the drapes and blindsTurn on lightsPut all animals outsideDo not speak to potential purchasersCool in summer/warm in the winterStay out of the way stay in one room or outside [caption id="attachment_5860" align="aligncenter" width="555"] How Showing Tips[/caption]
Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Check our Home Sold Guarantee. Ten Fatal Mistakes Sellers Make Hey everybody, John Herman, PropertyUp, and today I'm making a video about ten fatal mistakes home sellers make and how to avoid them. 1. Picking the wrong real estate agent - In the state of Illinois there are 44000 real estate agents…
Home Value Where to get home valuation? Online on real estate websites. IE. propertyup.com/home-value What is home valuation is good for? General knowledge of home values only. Is home valuation good as a listing price? No. Valuation is very generic and doesn’t take into account home's individual features or condition. Is home valuation good for property tax reduction? No, generally it is not accepted. Comparative Market Analysis (CMA) Where to…
Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Check our Home Sold Guarantee. [caption id="attachment_5855" align="aligncenter" width="300"] How to select an real estate agent? Part time vs Full Time[/caption] There are many choices to be made when choosing a Realtor to help with a sale or purchase of a home, and one of the things to be considered is the…
Champaign, IL neighborhood was unpleasant surprised when they recived a letter from the Nasty Joe company that there backyard pond and fence is now owned by them and that they have to pay cash or face connivance. Two drainage ponds, a strip of land in a backyard, a fence that divides several properties, and a thin piece that runs the length of a whole street. Those properties all have the…
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