Posts with tag 'vacation home'
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The Key to Buying Waterfront Property
The Key to Buying Waterfront Property
Purchasing a home is a complicated process from pre-approval to the last signature. Buying 'waterfront' property throws another layer of complexity into the process. Real estate agents who work with waterfront properties on a regular basis understand the process backwards and forwards. Finding an experienced agent can really make the process take less time when they know what an individual is looking for and will tailor the search to those specific properties. These tips will give an idea of what to expect when doing research on buying waterfront property.
Tips
Find a real estate agent who specializes in waterfront p...
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Tips for Selling Your Home Long Distance
Here are some tips for smooth lining the selling process when listing a property that you no longer live in, for whatever reason.
For a major tax break, be sure you've lived in the house as a primary residence at least two of the last five years. If you haven't, then you'll be looking at a tax gain on the sale of an investment property. If you have lived in the home, then the US federal government allows for single homeowners to sell their home without paying taxes on the first $250,000 in gain. For married couples, it's $500,000.
The next most important thing for you to do is to early on get a good, trustworthy agent on board. A local agent is a local resource for you, the seller. If y...