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What is the best way to sell a house and exchange it for another one tax wise?

Thinking about selling a house and buying another home, I need different area

12 Answers

We closed in January and just got hit with a $57k bill for the sellers unpaid property taxes - how is this even legal?

Closed on our house in January and now LA county sends a bill for over 57 grand in back taxes the PREVIOUS owner never paid, and it rolled onto our parcel. Title company says it closed clean, escrow says talk to title, nobody will tell me who actually owes this.

9 Answers

my hoa hit us with a 4000 dollar special assessment out of nowhere for a roof repair and said they'll put a lien on the

my hoa hit us with a 4000 dollar special assessment out of nowhere for a roof repair and said if we dont pay by next month they'll put a lien on the house. is that even legal for them to just spring that on us like that

8 Answers

Should we walk away over a $125K structural repair the seller won't credit?

We're under contract at $3.3M and inspection found bad cracking in the foundation wall, so we brought in a structural engineer who said it's some of the worst hairline-to-major cracking he's seen and wants every basement wall stripped to fix it right, even the finished ones. Estimate came back at $125K. We signed as-is but assumed structural problems were the one exception, and the sellers said no credit at all. We close in three weeks and my husband thinks we should just walk.

15 Answers

I want to buy a trailer house in Redding California

I live in Lake Havasu City AZ. Want to buy trailer house for my sister and her son to live in

10 Answers

im underwater on my mortgage but i still gotta sell is that even possible

i owe more than my house is worth right now but i need to move for a job and cant wait it out. can i still sell it or do i have to bring cash to closing just to get out

15 Answers

Can a seller legally hold the disclosure statement until escrow?

Found a house in LA that checked every box til I smelled cigarette smoke inside. Asked for the TDS before offering and the listing agent said nope, not until escrow. Sellers never even lived there so they dont know about smoking either. Is it even legal to sit on disclosures like that until were already in escrow? Feels like a dodge and I walked away annoyed.

13 Answers

Has anyone bought a parent's house through a gift of equity like this?

My dad wants to gift me over 20% equity in my late grandfather's paid-off house as my down payment while his siblings review the appraisal and agree on a price roughly $150k under market, and Im wondering if anyone else has navigated a family purchase structured this way.

7 Answers

What does Non-QM underwriting actually focus on for self-employed borrowers?

Im self employed and going Non-QM for a new build. What do underwriters usually focus on, bank deposits or the income on paper, and how much does credit score actually move the rate?

11 Answers

Will a 3-week unpaid temporary layoff mess up our mortgage commitment before it expires in January?

My workplace is shutting down for renovations for three unpaid weeks classified as a temporary layoff, and Im worried that gap in pay is going to cause problems with the mortgage commitment we already have locked in before it expires in January.

9 Answers