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What to Know About Selling a House in a Trust Before Death
As a loving parent, you may have placed your house in a trust so that you can leave your family with something. Or maybe it’s the other way around; your parents, who are still alive, named you the beneficiary of a house in their trust. As a grantor or a beneficiary, you may wonder if […]
Wads of Money: Sell My House Fast for Cash Near Me
In 2023, 11,800 housing units were sold in Memphis, TN. This figure represented a 26.3% decrease in total home sales compared to 2022. The slowdown happened in the backdrop of weakening home prices compared to the previous year. If you have been typing “sell my house fast for cash near me” in search engine boxes, […]
What Happens When You Sell a House With a Mortgage? A Detailed Guide
Selling a home can be an incredibly stressful experience, for a wide range of reasons. Selling a house with a mortgage, for example, opens the door to several intricate details and nuanced considerations. If you find yourself in this position, wondering what happens when you sell a house with a mortgage, then you are in the […]
Can I Sell a House With a Lien on It? If So, How?
Are you expecting to receive an inheritance? If so, chances are, you’ll inherit a house. After all, leaving a home or a property to heirs is what nearly seven in ten U.S. homeowners plan to do. If that’s the case, and you don’t plan to move into the house, you can sell it instead. Now, […]
The Complete Guide on How to Pack for a Move in 3 Days
Circumstances have arisen, and you need to get out of your house fast. You have a timeline of just half a week, and to any person, it’ll seem like an impossible schedule, especially if you’re making a long-distance move. However, it’s definitely possible to pack and relocate on such short notice. Although it’ll be hectic, […]
Tick Tock: How Long Does a Trustee Have to Sell a House?
Has a loved one named you as a trustee of a trust in Memphis, Tennessee? If so, you now have the legal responsibility to manage the trust. Part of your duties is to distribute the assets when the grantor (the one who created the trust) passes away. Real estate, in turn, is one of the […]
Real Estate and Taxes: How Will Selling a House Affect Taxes?
Did you know that the average home selling price is above the asking price for the first time since August 2022? Sellers are getting more money because of limited inventory in the market, but what does this mean for taxes? The demand for real estate in Memphis, TN is still up despite fewer homes for […]
Can a House Be Sold With a Lien on It? A Complete Guide
Nearly 5.95 million homes have been sold in the United States in 2022. However, a significant number of these transactions involved a unique challenge: selling a house with a lien. The process can have a huge impact on your house sale. As a result, a pertinent question arises: can a house be sold with a […]
The Best and Worst Months to Sell a House: What You Need to Know
Homes in the U.S. usually stay on the market for 22 days. The average time to close a house is 49 days. So, from listing to closing, it takes about 71 days. And while that period may vary depending on various factors, that’s a long time to wait. It’s two months of waiting, showing, negotiating, […]
Housing Market in 2024: What You Can Expect
Being a homeowner isn’t always what it’s cracked up to be. Some repairs and maintenance cost a lot of money and time. Plus, if you need to move for a new employment opportunity or other reasons, it isn’t as easy as finishing a lease. There may be times when selling a house fast is the […]
