Sunday, February 10, 2019 / by Shayla Reck
Once you have made the decision to put your home on the market, you are closing one chapter and moving onto the next. If you are ahead of the game, you may have a new home to move into before your home is officially sold. Leaving an empty home awaiting a buyer.
In the meantime, what could go wrong?
Lets first note the clients coming into the home. What will they feel, see and smell? Is your thermostat set to a decent temperature to conserve your spending but also to make your home feel inviting? If your home is going to sit during the winter, are the pipes going to be ok? I recommend to my sellers in this situation to leave some heat on during the day and allow an automatic thermostat regulate the night temperature back to a cooler degree. Lights should be on a timer or left on all of the time. Appliances should be checked regularly. Pests and mold can become an issue.
Uninvited guests is a growing concern for empty homes. Let your neighbors know you are not going to be ...
Friday, February 8, 2019 / by Jo Skipper
The Spokane market encompasses not only a bustling metropolitan area but also a beautiful landscape surrounded by nature. This area serves as a gateway to many outdoor opportunities so it is no surprise that many people own vacation homes here. We have an abundance of lakes, rivers, mountains, hiking trails, national forest lands, and ski resorts for the outdoor enthusiast. When do people want to get away while still remaining close enough to civilization, this region offers the best of both worlds. What happens when you decide you no longer want or need your vacation home? What do you need to consider to get the most money from your vacation home?
How do you actualize the largest profit from the sale of your vacation home?
Unlike a sale of a primary residence, when you are selling your secondary home you are subject to a capital gains tax. If you sell your primary residence you can make a profit up to 500,000 for a married couple and still avoid this ...