When you’re selling your house there’s a lot to think about. One thing that gets overlooked is the preliminary title report. But this report is important especially if you need to sell your house fast or your property needs work. Let’s get into what these reports are all about and why they matter even if you’re working with cash home buyers in Fox Point or anywhere in Milwaukee. What a Preliminary Report Shows A Homeowner A preliminary title report is like a background check for your house. It’s a document that shows you and potential buyers the current state of your property’s title. Here’s ..read more

Selling your house to your business can seem like an intricate process, but it becomes manageable and advantageous with the proper guidance. If you’re contemplating this move, you’ll find assessing the fair market value crucial and understanding the implications on property taxes and capital gains. Such a transaction impacts your finances, income, and business, making it vital to consult with a tax professional and a real estate agent. Using your home as a rental property for your business could reduce your tax burden through deductions like depreciation and business expenses. However, this a ..read more

Seller credit can play a significant role in real estate transactions. Both the buyer and seller benefit from understanding how seller credits work. These credits can cover various costs, such as closing costs and repair expenses. Buyers often find seller credits helpful for offsetting expenses like down payment and closing costs, making the purchase more affordable. In a seller’s market, offering seller credits can make a property more attractive to prospective buyers. On the other hand, in a buyer’s market, sellers might use credits to incentivize buyers.  Whether you’re dealing with a ..read more

Homeowners associations (HOAs) are common in many residential communities, and they have their own set of rules and dues. If you’re trying to sell your house and want to learn how to avoid paying HOA dues, you’re not alone.  Many homeowners seek ways to minimize costs and maximize profits when selling their property. In this article, we’ll explore strategies to help you manage or even avoid HOA fees during the selling process. What You Need To Know About HOA Dues An HOA fee is a regular charge, usually monthly or quarterly, that homeowners pay to their homeowners association. HOA fees co ..read more

Selling your home can be a significant financial transaction. You may have to pay the tax bill on your capital gains. But you need to understand that not all expenses associated with the sale are taxable. You are eligible for several deductions before you pay taxes.  These deductions can help offset the costs and reduce your taxable income when you are selling a home. So, what expenses can you deduct when selling a home?  From certain selling costs to home improvement expenses, let us understand which deductions apply to you. This way, you can make a substantial difference in your c ..read more

Is the housing market slowing down? There’s been speculation about a potential slowdown in the housing market. With key indicators such as mortgage rates, housing inventory, and home sales painting a complex picture, it’s crucial to take a closer look. Recent data from the National Association of Realtors suggests shifts in home sales and housing prices, closely watched by would-be buyers and industry analysts alike. Additionally, the Federal Reserve Bank’s adjustments to interest rates influence mortgage interest rates, adding another layer of complexity to predictions. This blog will unpack ..read more

Selling a house equipped with solar panels presents unique advantages and considerations. Whether you have owned solar panels or a solar lease, these features can significantly enhance your home’s property value and appeal to potential buyers. In areas with rising energy costs, homes with a solar energy system offer the promise of reduced energy bills and energy independence, making them highly attractive. Additionally, with the growing emphasis on clean energy and reducing carbon footprints, marketing a solar-powered home can be a powerful selling point. This guide will provide you with essen ..read more

Imagine waking up to find your home, one of your most significant investments, battered by a storm. This scenario is not uncommon; nearly half of all U.S. homes face threats from extreme weather, and about 1 in 10 homes were impacted by natural disasters according to the latest reports. The journey of selling a house that needs fixes introduces a complex layer of challenges. From dealing with insurance claims with your insurance company to determining the property value in a fluctuating real estate market, the urgency and complexity can feel overwhelming. Yet, there’s a silver lining. This bl ..read more

In today’s world, solar panels are more than just an addition to homes; they’re a statement of sustainability and forward-thinking. As of 2024, over 4.2 million single-family homes in the United States are equipped with solar installations out of 84.69 million eligible, showcasing an unmistakable trend toward clean energy.  This shift reflects a commitment to reducing carbon footprints and impacts the selling process of a home. Solar panels can significantly increase the value of your home, making it a compelling selling point to potential buyers. However, understanding the sales process ..read more

Selling a house is a significant decision, and setting the right sale price is crucial. While most aim to maximize their returns, certain circumstances might lead a homeowner to consider selling their house below market value. Depending on the seller’s situation and own self-interest, this approach can have benefits and drawbacks. Selling a House Under Market Value: What You Need to Know When considering selling a house below market value, it’s essential to understand what this means and the potential reasons behind such a decision. Selling below market value means setting the asking price lo ..read more