Tag: sell

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Tips for out-of-town buyers at settlement

Please keep in mind that attending settlement is always the best solution, but we understand that sometimes a situation might arise where you will be out of town on the closing date. If you are the buyer and, you cannot attend settlement,...

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Short sale headaches

It’s bad enough that a short sale can take six months to close. It’s even worse when the short sale payoff lender decides at the last minute to change the terms of its agreement. Can they do this? In short, yes. After all, they are the ones...

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Protect yourself from unreleased trusts

An unreleased trust is a prior Deed of Trust on a property that has yet to be released from the property at the Land Records Office. This does not mean that it is still an active loan or that there is a balance owed. In fact, the loan has...

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Price + Staging = SOLD

It’s a buyer’s market, right? Everyone knows that. It’s all over the papers and the media. It’s in the blogosphere. Everywhere. No one told the folks looking for a home in Silver Spring. Or at least they didn’t tell this one home seller,...

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Exclusion rules of home sales

In 1997 Congress enacted the law which states if you own and live in your home for two years, you can take an exclusion of up to $250,000 ($500,000 for a married couple filing jointly) for the old "replacement residence" rules. Unlike the...

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