Sellers ... Stay Informed on the Local Market
Ask Questions..Get Answers
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Putting a Price on Your Home |
Putting a price on your home is not guesswork and can be the most difficult and yet vital steps of the home-selling process. It requires extensive research, knowledge and access to computerized market-analysis with full comprehensive understanding of the market, to determine the realistic fair market value of your home.
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Pricing your home in the right price range is critical in your pursuit to find buyers.
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Are Barrie Ontario property taxes deductible?
Property taxes on all real estate, including those levied by state and local governments and school districts, are fully deductible against current income taxes.
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property taxes - how they work |
How do property taxes work?
Barrie Ontario
Property taxes are what most homeowners in the United States pay for the privilege of owning a piece of real estate, on average 1.5 percent of the property's current market value. These annual local assessments by county or local authorities help pay for public services and are calculated using a variety of formulas.
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Are seller-paid points deductible? |
Are seller-paid points deductible?
As of Jan. 1, 1991, homeowners have been able to deduct points paid by the seller. This deduction previously was reserved only for points actually paid by the buyer.
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What are some tips on negotiation?
The more you know about a seller's motivation, the stronger a negotiating position you are in. For example, seller who must move quickly due to a job transfer may be amenable to a lower price with a speedy escrow. Other so-called "motivated sellers" include people going through a divorce or who have already purchased another home.
Remember, that the listing price is what the seller would like to receive but is not necessarily what they will settle for.
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