PenFed Realty Acquires Paradigm Real Estate
What Does "Like Kind" Mean In My 1031 Exchange of My Fayetteville NC Investment Property?
In a 1031 tax exchange the property that is transferred must be of like-kind with the property that is acquired. Like kind means that real property may be exchanged for other real property, or personal property may be exchanged for other personal property.
Once you have made the decision that completing a 1031 exchange is the right financial decision, then it is time to sell your investment property and have the right Real Estate Professional locate a like kind property for the exchange.
When A Seller Wants Everything Including The Kitchen Sink
More often we hear about buyers who want everything when they buy a new home. But what about the home seller who wants to keep everything including the kitchen sink--LITERALLY. I met with a home seller this week and I honestly thought it might be some kind of joke. Well, maybe I was hoping it was some kind of joke when they asked me if we could exclude the sink. Okay, it was not the kitchen sink but that sounded better for my title.
As we went over the listing contract they asked me if there was a way to exclude it. This was definitely a new one for me. In the days of lots of upgrades, it is understandable that sometimes people become very attached to certain items. After much conversation and a lesson on buyers expectations along with explaining how we typically determine what is personal property versus what is considered a fixture, I believe that we straightened this out.
Typically, personal property is movable and can not be classified as real property. A fixture is an item of personal property that becomes real property by the manner in which it is affixed. When an item is attached by cement, plaster, nails, screws or plumbing it is usually considered real property. Bearing this in mind, it is always wise to exclude such items as those wide screen flat panel t.v.’s that have become common place in homes.
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Our Service Areas are the Fort Bragg, Fayetteville NC, Fort Bragg NC, Hope Mills NC, Raeford NC, Spring Lake, NC, Cumberland County, Harnett County, Hoke County. "Veteran Owned & Operated"
The Anderson Realty Group has built a reputation of providing outstanding service, through the principles of trust, honesty, respect, integrity and commitment. Our team has a strong foundation in sales, marketing and management that allows a vast understanding of the Real Estate market and how it directly relates to our clients. Allowing the Anderson Realty Group to assist and aide clients through every aspect of the Selling, Buying, or Relocating process in the Fayetteville & Fort Bragg region.
Why Sellers Choose the Anderson Realty Group
Selling your home is one of the most important decisions you will make in your life. How much is it REALLY worth? How long will it take to sell? How do you handle buyers making undesirable offers?
The Anderson Realty Group has a proven track record in the Fayetteville, Hope Mills and Fort Bragg area REALTOR® with years of experience, it is our job to guide you through this complicated process, from beginning to end. We want you to get the maximum value for your home, within YOUR time frame. Here are just some of the things the Anderson Realty Group will do to market and sell your home:
- Buyers want to buy your home for as little as possible! Through detailed comparisons between your home and recently sold homes, and other properties currently on the Fayetteville, Hope Mills and Fort Bragg market, together we can determine what your home is really worth in today's market. In the industry this is called a Comparative Market Analysis or CMA. The Anderson Realty Group will do this for you, for free.
- Buyers have their own timelines, which might not be yours! We make sure they don't waste your time by qualifying them as to their real ability to afford your home.
- More buyers interested in your Fayetteville, Hope Mills and Fort Bragg home means more money in your pocket when it is sold. Our extensive marketing of your home assures you of maximum value. For example, this web site will market your property all across the web. It will appear on Yahoo Real Estate, Microsoft MSN HomeAdvisor, and other top national sites. We can place your home on my web site within a few minutes time!
- When we begin marketing your home, we will immediately notify all the buyers that I am helping find their ideal home. We will also notify all the REALTORS® in this area that I work with, who quickly tell their homebuyers. It is a powerful way to jump-start the sale of your home!
- We will walk through your home together. We will advise you how to present your property to maximize its selling price. Some improvements are worth it, and some are not! Be careful.
- Contracts are complicated, and intimidating. You don't want to go to a closing with some doubts. You will have the full benefit of my Fayetteville, Hope Mills and Fort Bragg real estate experience and knowledge for a smooth and successful closing. I recommend that you do not sign on any dotted lines without asking me first.
- We will make sure you conform to any and all North Carolina statutory disclosure requirements. We will also inform you of any inspections that you should consider having done ahead of time to smooth the negotiating process with buyers, and to ensure a successful escrow and closing.
You pay no up front costs for my services! So you can bet that we will work hard to get your home sold, for as much as this market will possibly bear. We will also work within your time frame and your needs. For example, sometimes it can be hard to sell and move out of your current home, and buy and move into a new home, all at the same time! I can help smooth this out.
Call or visit our site. Ask for a free In-Home Presentation. We will come to your Fayetteville, Hope Mills and Fort Bragg home or office, and present you a plan that details exactly how we will market your home. There is absolutely no obligation so don't let this opportunity pass. It is part of our job as a top real estate agents to offer you this service.
Why Buyers Choose the Anderson Realty Group
Buying a Home Requires Many Difficult Decisions. Make Sure Your REALTOR® is a Top Local Expert.
Your home is probably the biggest purchase your family will ever make, and it involves many decisions that go beyond simply choosing one you like.
As a top Fayetteville, Hope Mills and Fort Bragg area REALTOR®, here is how we will guide you through the entire process, from viewing homes and financing, to making sure the final contract is in your best interest:
- You will have full access to ALL homes available on the Fayetteville, Hope Mills and Fort Bragg market, even listings not yet on the MLS, through my professional North Carolina real estate affiliations.
- Our expert local knowledge of the Fayetteville, Hope Mills and Fort Bragg area should be invaluable to you, not just in terms of real estate, but also schools, neighborhoods, the local economy, and more.
- Every local real estate market absolutely has its own trends and opportunities. This can vary greatly, even one neighborhood to the next. Fayetteville, Hope Mills and Fort Bragg is no different! It's my job to guide you into opportunities and out of traps.
- What is the true market value of the home you are interested in? Is it priced too high? Is it a bargain that you should jump on? We help home buyers make decisions like this every day, and I'll make sure that YOU get the best value for your money.
- Negotiating with sellers can be stressful. We will help you negotiate, so that the final contract includes your best possible terms and conditions.
- You should know absolutely everything about the property you are buying! You and I will view every home that you are interested in, together. And prior to closing I will make you fully aware of any and all inspections available to you.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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