When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, … Continued
If you’re looking to sell a house in Dallas but have no equity, don’t worry, there are still options available to you. In this article, we’ll explore three ways to sell a house with no equity in Texas. Short Sale First up, a short sale may be an option. This involves getting your lender’s approval … Continued
Paperwork is among the top challenges of selling a home, especially for those aware of the potential legal and financial issues that can arise from a misstep. Although, as experienced sellers will tell you, it is well worth the effort to understand the paperwork you will need as a seller. This way, you can ensure … Continued
If you have been about selling your home directly for cash but you have an existing mortgage, you may wonder how the process works. You can rest assured it’s common for sellers like you to sell their house directly and receive the remainder of the proceeds in cash after the lender has received the payoff … Continued
Navigating the real estate market after many years can be overwhelming, so we’ve gathered some basics to help you begin your journey to sell your home. Once you have decided to sell, the decisions have just begun, many dependent upon your current life circumstances. Whether you are selling because you don’t need as much space … Continued
The typical process when you put your home on the market for sale is to prep and make repairs to attract buyers, expending a great deal of time, money, and energy before you ever list. In addition, sellers face the inconvenience of showings, paying high real estate commissions, professional fees, and closing costs. There’s another … Continued
The law requires specific disclosures about the property with every home sales transaction wherein the owner makes a statement regarding any issues you are aware of that could affect the value or full enjoyment of the property. These sellers’ disclosures include information for the safety and protection of the new occupants, such as lead paint … Continued
Suppose you’re not in a financial position to ready your home for listing on the market, and you’re in a hurry to receive the proceeds from the sale. In that case, unless your house is new or like new, you may be concerned about how your home will fare with the traditional listing process. Another … Continued
It’s time to sell if you have outgrown your house; however, that is easier said than done. When you sell a house, there are many decisions to make, and it can be overwhelming to figure out where to start or what step to take first. If you should find yourself in this boat, read on … Continued
When you are ready to sell your house, if you are like most home sellers, your immediate thought is to find a real estate agent to list your home. Unfortunately, the listing process is fraught with expenses that you should keep in mind as you calculate your potential profits on the sale of your house. … Continued
The traditional listing process of hiring a professional real estate agent to list your property is most familiar to sellers. However, statistics show that about 36 percent of sellers attempt to sell without the assistance of a professional. Regrettably, however, while selling on your own to save money may sound extremely enticing on the surface, … Continued
If you need to sell a house, an issue with the title can throw a wrench into the works. It can be heartbreaking to go through all of the work and hassles of selling only to find out when it is finally time to close that issues exist with a title you believed to be … Continued
Co-ownership of a property allows participants to purchase property that would otherwise be beyond their means. For example, co-ownership is an excellent way for close friends or family members to help split the costs of a shared property or several properties in vacation spots, such as a beachfront property and a mountain home. Co-ownership also … Continued
It can be challenging to determine if you should make repairs to your Dallas house before selling it to increase your final sales price or keep your money in your pocket and sell it as-is. However, many essential factors add up to the answer It is a good idea to make repairs to your house … Continued
With so much paperwork to sign and complicated terminology involved in the transaction at closing, it can be confusing to understand just who signs a trust deed and when. However, holding real estate in a revocable living trust comes with many benefits, including estate tax savings, protection from creditors and avoiding probate. So read on … Continued
