Tuesday, June 1, 2021 / by Mitch Stein
Get professional help. Both sides should be properly represented when it comes to drafting and reviewing all necessary documents. When it comes to pricing, how can you be sure that you are getting the best market value for your home? Keep in mind, there can be tax implications when selling your home. This is especially true when selling your home to a family member or friend for below market value. Try to avoid seller financing or the seller taking over your mortgage unless you are released from future liability.
Make sure that all contracts are in writing! Even a simple home sale can be a complicated transaction. Keep in mind that a realtor can guide you through the process and help you avoid potential risks.
If you have any questions relating to buying or selling a home, please give us a call at 909-255-1070. Mitchell Stein License# 0208163