We’ve all heard that good things come to those who wait, but if your house has been on the market for a while, you might wonder if there’s anything you can do to accelerate the sale.As of August 2024, it took about 26 days for the typical home to go from listing to contract in the U.S., according to the National Association of Realtors (NAR). If your home has been on the market … Keep reading... about Top 5 Reasons Your House Won’t Sell
Selling
How to Conduct a Comparative Real Estate Market Analysis: 4 Key Considerations
Before you list your property for sale, you’ll need to determine its value and ideal price. You don’t want to sell it for less than it’s worth, but you also don’t want to ask for an amount that’s too high and drive away all your prospective buyers.That’s why it’s imperative to conduct a comparative real estate market analysis and consider the context of your local market to lay … Keep reading... about How to Conduct a Comparative Real Estate Market Analysis: 4 Key Considerations
FHA Requirements for a Seller
While FHA has relaxed some of the repair requirements for FHA loan approval, there are still many that a seller should consider. If a seller is intent on selling a home "as-is", the seller should be aware of the items FHA will enforce. However, if a seller is still amenable to an FHA mortgage, they should be sure to place a specific dollar cap on repairs that the FHA … Keep reading... about FHA Requirements for a Seller
FIRPTA Foreign Investment in Real Property Tax Act
FIRPTA Foreign Investment in Real Property Tax Act The United States Federal Tax Law requires that a foreign citizen who sells real estate owned in this country pay taxes on the profit of such sale. To insure that the tax is paid, 15% of the proceeds at closing are withheld and transferred to the United States Treasury. The 15% withholding is mandatory if the seller is a … Keep reading... about FIRPTA Foreign Investment in Real Property Tax Act
Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015
Real Estate Sales Reports for Single Family Homes sold in Charlotte and Sarasota Counties in the 30 days prior to 9/5/2015 During August, 2015 there were 1,037 single family homes reported sold in the MLS of Charlotte and Sarasota Counties. Ave. Listing Price: $302,862 Ave. Selling Price: $289,067 Ave. Selling Price as a Percent of List Price: 95% 344 of the reported … Keep reading... about Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015