Low interest rates and low supply of homes in highly desirable neighborhoods has created a very competitive real estate marketplace in southeastern PA, DE, and MD. For savvy homeowners this can create significant investment opportunity as well. Do you own your home? If so, you’ve likely considered selling your home at these historically high prices. But where would you move to? The thought of moving and purchasing another home elsewhere – it would be expensive there too, right? That where Mercworks Realty can help. With a Mercworks RCO you can sell your home, keep the proceeds, and enter into a monthly property management plan so you can stay right where you are. Interested in moving at a later date? Mercworks RCOs include consumer-first agreements to enhance your lifestyle and give you time back in your day and money in your pocket. Reach out to learn more at no cost to you.
Weighing your options for renting versus buying your next home is difficult without performing a lot of research. With a Mercworks RCO you can chose a rent you’re comfortable with, subscribe to select property services, and ultimately stay.. in your home. Submit a request for a free quote today!
The moment we decide to sell can be an emotional one. The thoughts which follow aren’t always clear, decisive and strategic with regard to prepping your property for sale. Take your time. Do the research. Here’s an article which may help.
Accuracy matters a lot in this arena because many buyers and sellers use the online estimates to price their homes or make purchase offers, literally handing sellers or buyers the estimates as part of their bargaining strategy. This is despite both companies’ warnings that these are not appraisals, only algorithm-based computer estimates.
The 2-Out-Of-5-Year Rule
Unmarried individuals can exclude up to $250,000 in profit from the sale of their main home. You can exclude $500,000 if you’re married. To qualify, you must have lived in the home for a minimum of two out of the last five years. Click on the link below for more details on this incredible US tax exclusion windfall!
It’s never too early to think about the housing market and how home sales may fare during the 2019 calendar year. Savvy homeowners do their research from one quarter to the next. How do you think home values will change in the future?