One of the first questions people ask when getting ready to sell is “What is my home worth?” Setting the right asking price is crucial. Price it too high and it could be left on the market with no buyer in sight; ask too little, and you’re leaving money on the table.
For years now, websites like Zillow and Redfin have given us the ability to house hunt without any help. With tools like this at our fingertips, why use a realtor to buy a home?
One thing is certain in Missouri and Illinois: we love spending summers on the water. So whether you’re selling a lake house at Innsbrook or in the Ozarks, or a cottage on the river in Grafton, chances are that buyers will be lining up to take a look.
There is no denying that the preferences of home buyers can vary widely. One person might be looking for a quiet single-family home with a big private yard for gardening and entertaining, while another person might want to be in a more walkable area in the hustle and bustle of a city.
If you plan to move in the near future, it doesn’t make sense to sink a lot of money into home updates you won’t be able to enjoy for long. It’s also not a good idea to invest in projects that won’t boost your home value when it’s time to sell, or give you a good return on your investment.
Buying your first home can be exciting as you start a new chapter of your life, but selling your first home may be a different story. According to the National Association of Realtors, the average first time home seller has lived in their house for about 10 years by the time they decide to move on. At this point, owners may be ready to upgrade, and in the process of finding a new home. Or, they may need to move for work, or due to family issues. Any of these can add a layer of stress to the selling process.
Congrats! Your house is selling for substantially more than you paid for it! That’s a good thing… or is it? There are some scenarios when selling a home will come with hidden fees and tax liabilities.The IRS may want a chunk of the profits in the form of capital gains tax. But there are ways that homeowners can avoid taxes on home sales.
While April and May are great months to put a home on the market, selling a house in spring is not the only option. The St. Louis area is still a seller’s market, which means buyers are out there all year long waiting for the right home to become available.
Following a few strategies can increase your chances of selling your home this winter and ending up in your new home before springtime.
Most homeowners have a pretty good idea of where their property ends and their neighbor’s begins. But when it comes to a yard’s exact boundaries in a legal sense, “pretty good” is not good enough. Finding property lines for your house is particularly important when getting ready to sell. Buyers need to know precisely what they are getting—and not getting—along with the house.
Has your house been on the market for a while, but you’re not getting any offers? There are few things more upsetting than not being able to sell a house. This is especially true when trying to coordinate the sale with the purchase of your next home. How long do you wait before you start to worry?
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