OUR ARCHIVES : May 2009


What is the capital gains tax on the following:?

Anonymous51 asked:
I bought this house for $58K as my primary residence in August 2007. I want out of the house as fast as possible, not wanting to wait for the 2 years of the 5 years. If I sell the house now (perhaps at a loss), what type of capital gain tax [...]

Whats the fastest way to sell a home?

bobokity asked:
$166,000 home in Milwaukee, WI. Very nice neighborhood. It’s in move in condition. I am asking 145,000. Assesment is at $154,000.
We buy ugly houses will only give me 1/2 of what it’s worth. Any other suggestions. I need to sell now, 30 days or less.
I am advertising, craigslist [...]

Reverse mortgage or Equity loan?What is the best, least confusing and fastest way to sell a senior’s home?

vixxen asked:
My grandma is near 80 and my granfather is mentally gone.She doesnt want to be in the house when people are viewing her home.So, I think the best way is for her to see the home she wants to buy, get a mortgage for it, move and THEN sell her home. It is [...]

Sell a condo fast? any ideas?

L.B.83 asked:
Need to sell a 1br/1ba condo asap. I dont care if I sell it and make no profit I just want to get rid of it! Any Ideas on how to do so, espcially in this bad market here in CA. Please help! It is not in forclosure or anything I just [...]