As owner’s who don’t reside in the property. Your needs are different from those who do occupy and live in the neighborhood.

Keeping up to date with what’s happening in the local real estate market and how the local community is moving is crucial when making a decision to sell an investment home.

My constant contact and activity in the local area of a non-owner occupied property is valuable to owners who want to know what’s going on in their community. What is selling for how much and if there’s a possibility of making more profit by holding or selling now, considering the current local condition.

Some of the factors I see that affect when an out of area owner has a better opportunity to capture a higher price for their homes are:

  • Current lending conditions (what options do buyers have)
  • Existing number of distressed homes in the area.
  • The number of Bank Owned homes in the area
  • Currently there is also a number of investor owned property that is being flipped, how is that movement affecting local values.
  • Standard sales and what are they selling for.
  • The level of competition in the market should the property be listed and how they compare to the owners property.

    • Other areas where my services can help are for owners who need a better idea of the rental market. Keeping up to date on what the going rate for a property with the characteristics of the owner’s home is part of the service I can provide.

    Creating Options

    A big concern many owners have is taxes and what happens when you sell an investment property. Selling an investment home can create a taxable condition. Knowing what options exist when selling a home is important for those who are looking for a way to defer taxes.

    There’s tax exemptions for owners who have occupied their investment home for two years time, out of the previous 5 years.

    Exchanges are the most common way to defer taxes when the above requirement can’t be met. With the right financial planning you can avoid taxes all together.

    Contact me by email or via this contact page for more information and details on what is required for a tax exempt sale. I can email the information directly to your inbox.