These Are The Expenses You Can Deduct When Selling Your Home
Cream City Home Buyers Blog
by manuelreibar
3w ago
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
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Could the Housing Market Be Slowing Down This Year?
Cream City Home Buyers Blog
by manuelreibar
1M ago
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
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Your Guide to Selling a House With Solar Panels
Cream City Home Buyers Blog
by manuelreibar
1M ago
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
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HELP! Storm Damaged My House. Can I Sell It?
Cream City Home Buyers Blog
by manuelreibar
1M ago
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
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Complete Guide to Selling a House With Solar Panels on the Roof
Cream City Home Buyers Blog
by manuelreibar
2M ago
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
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Can You Sell Your House Below Market Value? Pros and Cons
Cream City Home Buyers Blog
by manuelreibar
2M ago
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
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BIG Signs That You’re Probably Tired Of Being A Landlord
Cream City Home Buyers Blog
by manuelreibar
3M ago
Owning a rental property can seem like a golden ticket to cash flow and joining the real estate investing community. The allure of passive income has drawn many to become landlords. However, the reality often comes with its own set of challenges. The journey can be challenging from property management headaches to the unpredictability of the real estate market. With the impact of recent global events, many property owners are reevaluating the worth of their investments. You’re not alone if you’re feeling the weight of bad tenants, foreclosure fears, or the constant hassle of maintenance issue ..read more
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Homeowners’ Rights When Dealing With Squatters in 2024
Cream City Home Buyers Blog
by manuelreibar
3M ago
Homeowners face unique challenges when dealing with squatters occupying their properties. Understanding squatter’s rights becomes crucial to navigating the complexities of real estate law. It’s essential to grasp how laws in various states, from Wisconsin to California, New York, Florida, New Jersey, and Pennsylvania, impact the resolution of such situations.  For property owners, knowing the legal steps to reclaim ownership and the nuances of state-specific legislation can make a significant difference in resolving these matters effectively and swiftly.  Let’s delve into the legali ..read more
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Selling a House With Unpermitted Work in Your State
Cream City Home Buyers Blog
by manuelreibar
3M ago
Selling a house with unpermitted work presents a unique challenge for homeowners. Whether in Florida, California, or any state in between, navigating the complexities of real estate transactions under these circumstances requires careful consideration. Unpermitted work can affect your home’s market value, complicate dealings with potential buyers, and even involve legal trouble. However, understanding the permitting process, local building codes, and how to address these issues upfront can make the sale possible. This guide provides essential insights for homeowners looking to sell a property ..read more
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7 Tips for Dealing with The Stress of Selling Your House
Cream City Home Buyers Blog
by emmanuelreibar
4M ago
Selling a home can be an overwhelming experience, laden with various stressors, from managing showings to gathering the documents you need to sell your house.  The journey can feel daunting for many homeowners, particularly those encountering significant life events like relocation for a new job or changes in family members. However, there are effective strategies to mitigate the stress and make the process more manageable.  How to Deal With Stress When Selling Your Home Dealing with the stress of selling your home involves a blend of practical planning, emotional management, and se ..read more
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