Behind on Taxes? Federal Tax Liens and your Property

Selling a home with a federal tax lien in place on the traditional real estate market is no easy task.  If there is a lien on your property, it will follow your property until you or the new owner pay the back taxes in full.  The expense and complication of a federal tax lien dramatically limit your pool of potential buyers. What is a Tax Lien A federal tax lien is the last resort for the Internal Revenue Service to attempt to collect back taxes.  You can have a tax lien placed on your property if you owe any federal…

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Finding the Right Cash Buyer for Your Home: Auctions v. Local Buyer

When you know that you have to sell your house fast, and for cash, there are two options that most homeowners turn to: An auction which attracts buyers from all over. Selling to a local cash buyer.   While the thought of attracting multiple cash buyers from outside your community through an auction might sound like the best way to get the most cash for your house, there are distinct benefits to working with a local real estate investor who will be a cash buyer.  A local cash buyer will allow you to sell your house fast, keep the most…

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Simplify Divorce Proceeding By Selling Your House

Divorce can be long and complicated.  Often couples choose to simplify a very complicated process by selling their house prior to divorce to avoid having long and drawn out disputes during this often difficult and stressful time.  Once the house has been sold, couples can equally split the proceeds to avoid a lengthy and expensive legal process. Why Sell During a Divorce? During a divorce, what to do with your marital home can be a complicated process.  One of the most common solutions is for the home to be awarded to one party and then that party is required “buy-out”…

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How to Sell your Home in As-Is Condition

  Whether you inherited a home with years of deferred maintenance or simply want to sell your home fast without investing additional money in repairs, you are considering an as-is sale of your house.  Selling a home “as-is” describes the process of selling your home without making any improvements, staging, and with no additional money invested.  Contrary to what HGTV would have you believe, most buyers working real estate agents on the traditional real estate market aren’t looking for a massive rehab project.  If you don’t  want to invest any more time and money into your property you should consider…

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Selling a House in Bankruptcy

Declaring bankruptcy is an option if you have bills that you cannot pay. However, bankruptcy is a scary process that can have lasting effects on your life.   When you declare bankruptcy as a homeowner, there is the possibility that you might lose you home and all the equity you have worked so hard to build.  As a homeowner facing bankruptcy, there are several types of bankruptcy available to you. Types of Bankruptcy Chapter 7 and Chapter 13 are the two types of bankruptcy most commonly filed by homeowners.  Both types of bankruptcy are a federal judicial process that rids individuals…

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