Selling a house for cash requires fewer documents than traditional sales while still maintaining legal compliance. Essential paperwork includes property deeds, title documents, purchase agreements, disclosure statements, settlement statements, and personal...
Boston’s median home price currently reflects notable year-over-year growth, with properties spending an average of several weeks on the market before sale. The housing market remains highly competitive, with many properties receiving multiple offers, though...
Is it legal to sell a house for cash? Yes, selling a house for cash is completely legal in all 50 states. Cash home sales are legitimate real estate transactions where buyers purchase property without using bank loans or mortgages, typically closing in 7-14 days...
Quick Answer: If you sell your house before owning it for 2 years, you’ll pay capital gains tax on your profit at your regular income tax rate (up to 37%), losing the $250,000 (single) or $500,000 (married) capital gains exclusion available to homeowners who...
Property owners prefer cash only for a house offers because they close faster, eliminate financing contingencies, and reduce transaction risks. Cash deals typically complete in a matter of weeks compared to traditional mortgage transactions that can take significantly...