A Hot Market Doesn't Mean "As-Is" is the Easy Button
Here at Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate, we know the Smith Mountain Lake market is moving fast. You might think selling your home "as-is" is the quickest way to capitalize. But before you go that route, let's chat about the potential drawbacks.
"As-Is" Doesn't Mean No Responsibility
The housing market is changing, and we at Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate want to keep you informed! The global Berkshire Hathaway HomeServices network just released its 2024 Real Estate Report, packed with insights to help you navigate the current real estate climate around the world.
This comprehensive report offers valuable advice for both buyers and sellers, including:
Selling your home in 2024? The IRS might offer tax benefits! You may avoid paying capital gains tax on the sale of your primary residence, but you need to meet certain ownership and usage criteria:
The available tax gain exclusion is $250,000 for singles or $500,000 for married couples filing jointly.
Selling at a loss?