Are you an Active Service Member? Get Your Home Sold FAST
Mike and Jennifer Rigley 916.660.5823 / Info@RigleyRG.com
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Are you an active Marine, Solider, or Sailor and need to sell your home? According to www.Military.com, more service members and their families face this stressful situation in today’s housing market.
Here are a few ways to help with selling your home in Elk Grove.
– Drop the price your home is listed at. This means you may need to come to the settlement with money. Make sure you understand the total of settlement costs and Realtor fees and whether you have the cash to cover it. You may discuss a reduced commission rate with your Elk Grove listing agent.
– Renting your home out. Determine the appropriate amount of rent to charge tenants and factor into your cash flow. It could be that you’re in a cash positive situation, and if so, great. If not, make sure you consider the depreciation and other write offs applicable to rentals by consulting a tax professional. Run a credit check and verify income for prospective renters. Call their previous landlord if possible to check their payment history.
– Leave the service. If you’re retirement eligible and have adequate employment opportunities in your current city, this may be a very plausible alternative. Is the next promotion really worth the financial cost or strain on your family? Even if you aren’t retirement eligible, you must consider this option, especially if you live in an area where employment opportunities abound. By the way, as a veteran you have skills that are very desirable to the private sector … and you probably have a veteran’s preference in federal service.
– Default on your payments. As a U.S military member you probably have a clearance … this can jeopardize that clearance. As one of America’s finest, you undoubtedly have your personal pride … don’t give that up. There is a huge cost to defaults/bankruptcies that can follow you for years, to include a possible IRS bill for the forgiven debt at the end of the year.
Information courtesy of www.Military.com
(We are now donating a portion of every closing commission to the Wounded Warriors Project. Your referrals and business help those who have given their all to our country.)
To stay up to date on the latest Real Estate news, Market Trends, Options and Solutions to Foreclosure and Short Sale information log on to www.RigleyRealtyGroup.com
-Mike and Jennifer Rigley have been ranked #145 worldwide for all Keller Williams Agents.
-Ranked #1 for total unit production for all of Northern California Keller Williams Teams and,
-Have the best team approach for maximum client satisfaction
What’s my Elk Grove Home Worth? Call us today at 916-660-5823 for your free Elk Grove home estimate or estimate the value of your Elk Grove home and use our FREE Elk Grove home value estimator at www.TodaysHomeValues.info. Call us today – you’ll be glad you did.