I want to get equity out of my home while I am living. The house is free and clear and has no mortgage on it. I wish to sell the house yet continue to live in it until my death, at which time the house will belong to the person or institution which gave me [...]
My mom may have to sell her house soon and she told me that everything has to be in good working order or it should be replaced.
My parents want to sell their house (CA) and give me the money (200k) so i can buy new house. What is the downside of doing this? Do i have to pay taxes? Will they have to pay taxes? Also, they are retired and currently receiving social security, medicare, low income subsidy. How will this [...]
My Dad and Mom bought a house 40 years ago in New York for ,000. My mom passed away 3 years ago The house is now in a trust with my sister and I for my Dad. The house is worth about 5,000 now. My Dad wants to now move , sell the house and [...]
I have repainted and recarpeted the entire house, and a new high-end furnace/central air combo. These are the remaining problems: 1 – hideously 70s non-working 2nd bathroom 2 – unattractive and unsafe 70s kitchen (complete with holes in the wall) 3 – weed and dead-shrub infested yard 4 – 70s aluminum siding (the wide stuff) [...]
Sorry couldnt explain it properly, not enough characters in the question block. Ok here’sthe deal, the house is selling for 129K .If the qualify for more Can i take more money out say if the house appraises for 170K? The money would be for little things i would like to do around the house or [...]
Our house sold, we found out that with the penalty for early repay we are going to loose over ,000. We have not signed anything else besides the acceptance of the offer. Can we cancel the sale now before the buyer spends any money on inspection?? Technorati Tags: money
If we are selling a house in CA (after living there for 2 years) and moving – how long do we have to buy another house and not get taxed heavily on the money we made with the old house sale. We are moving cities but want to rent in the new city and find [...]
Assuming the RE market and economy is a stable position, what would stop someone from buying property, building a house (doing some work themselves to save money (ie. installing carpet, doing landscaping, etc.), selling it, taking that profit and doing it again? I would think all you need is capital…..any pitfalls to that approach? Technorati [...]
We put our house on the market a few months ago – no offers yet. We have since found a new house in another area (we have to move there for work). I would like to refinance our current house to lower the payments because paying two mortgages is not fun. Can I refinance if [...]