03 Dec 2024
By RESCO Realty

Tips for Selling Your Home During the Winter Months

Home Seller Tips, ,
Selling a home in winter can be just as successful as selling in any other season, with the right strategy. While colder weather may present unique challenges, there are plenty of opportunities to make your home stand out. If you’re ready to list your home during the winter months, follow these valuable tips to increase your chances of success. 1. Create a Cozy, Inviting Atmosphere Winter is the perfect time to highlight your home’s warmth and comfort. Set the mood with soft blankets, scented candles, and warm lighting. Ensure the heating is on during showings to let potential buyers experience…
Read More
22 Oct 2024
By RESCO Realty

Understanding the Costs of Selling Your Home

Home Seller Tips, ,
Selling your home can be an exciting yet daunting process, and one of the most pressing questions you may have is, “What will it cost me?” The total expenses involved in selling a home can fluctuate based on various factors, including the sale price, any concessions you might offer to buyers, and the condition of your property. Understanding these costs upfront can help you plan better and minimize surprises down the road. Key Expenses to Anticipate 1. Closing Costs and Commissions One of the largest expenses you'll encounter is the closing costs, which typically range from 2% to 4% of…
Read More
18 Oct 2024
By RESCO Realty

What You Need to Know About IRS Reporting When Selling Your Home

Home Seller Tips, ,
If you’re selling your home, you might be surprised to learn that certain information regarding the sale must be reported to the IRS. This requirement stems from the Tax Reform Act of 1986 and is meant to ensure compliance with tax laws and to assist the IRS with audits. To make the process easier for you, here’s a clear explanation of what to expect when selling your property: Who is Responsible for Reporting the Sale to the IRS?According to IRS guidelines, the seller’s gross proceeds from the sale must be reported on Form 1099S. But don’t worry—you don’t have to…
Read More