With many projections calling for another year or so before real estate prices start to turn higher, this article from CNBC provides advice from some industry experts on what steps sellers should take to get through this difficult time in the market. Read more
For many who have recently gone through a foreclosure or short sale, the Mortgage Foregiveness Debt Relief Act passed by Congress assures that the IRS will not look to the homeowner for the shortfall that the lender was unable to recover after the property was sold. This Act is set to expire in 2012, so … More Foreclosed? The IRS may want it’s cut.
REAL ESTATE PRESENTATION OF EXPERTS IN THE MARK…Follow my videos on vodpod
For those selling in this market it is tempting to try to begin a listing at the higher price to try to maximize the final net figure once the house is sold. Many sellers think that by starting out high, they will ultimately sell for more , even if they have to come down on … More Selling a Home? Make sure your price is right!