Brokers Blog

As a Seller, Should I Pay for the Buyer's Closing Costs?

When selling a house, don't be surprised if you get an offer asking you to pay the buyer closing costs or pay to buy down the interest rate on their loan. One way to make the house you're selling look more attractive is to do this. We call this a "buyer incentive". Rough...

What If My House has Cracks in the Sheetrock, Flooring or Bricks?

These cracks are signs of foundation settling. How severe is the million-dollar question.  Will this scare a buyer? Will the buyers lender make a loan on the house? Is it best to call a foundation repair company to check it out? Is this a bit like having the fox guard ...

What is a 1031 Exchange?

If you sell an investment property, you may owe taxes to the IRS. The property could be a house, duplex, commercial building, apartment, or raw land. Can you "defer" the taxes due when you sell? Yes, through a 1031 Exchange.  Investors who want to sell one house & bu...