The region’s median home sale price hit $406,500 in May, up 21.3 percent from a year earlier amid brisk sales, according to DataQuick.
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Home price gains bring sellers off the sidelines. bringing them off the sidelines of the nation’s surging housing market and offering relief to buyers who are frustrated by bidding wars.
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· We are selling our home in Maryland, and it is listed for $499,900. We’re willing to offer $10,000 to the buyer, and we’re wondering whether we should offer.
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· In certain home sales, the seller might have to pay a capital gains tax if their home meets certain criteria. title insurance. While buyers typically pay for title insurance on a Minnesota transaction, Wisconsin buyers pay for the insurance for their lender and sellers pay for the owner’s title insurance premium .
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Home price gains bring sellers off the sidelines by The Associated Press | June 30, 2013 at 2:30 p.m. 0 comments
New statistics from the mls show prices. selling in a matter of days or a few weeks, Beeson stated. “Only now there are just 3-to-5 offers, not 50,” he said. Several brokers commented on the.
For the date acquired, enter “Inherited.” This makes sure you receive long-term capital gain or loss treatment. Then, enter the date sold and the amount realized. The amount realized is the sales price minus any seller-paid settlement costs. You’ll only report your share – 1/3 of the amount realized.