for sale by owner horror stories
What are some 'for sale by owner horror stories'?
One horror story could be when the owner doesn't disclose major problems with the property. For example, a hidden water damage issue that the buyer discovers only after moving in. The cost of repair then falls on the buyer who thought they were getting a good deal.
3 answers
2024-11-02 02:33
What are the key elements in 'for sale by owner success stories'?
One key element is accurate pricing. If the price is too high, it'll scare off potential buyers, and if it's too low, you'll lose money. Another is good marketing. This could be as simple as putting up signs or using social media. And finally, presentation matters. A clean and well - maintained property is more appealing.
2 answers
2024-12-05 13:59
Can you share a few 'for sale by owner horror stories' related to dealing with difficult buyers?
Sure. There was a case where a for - sale - by - owner had a buyer who constantly changed their demands. First, they wanted certain appliances included, then they asked for renovations before closing. The owner was so frustrated as the buyer seemed to be never satisfied and was constantly delaying the process.
3 answers
2024-11-02 05:36
Can you share some 'for sale by owner success stories'?
Sure. One success story is of a couple who sold their small cottage by owner. They simply put up a 'For Sale by Owner' sign, took great pictures, and listed it on local classifieds. They were able to save on realtor fees and sold it to a young family who saw the sign while driving by. The price was fair for both parties and the process was smooth.
2 answers
2024-12-04 18:51
What are the consequences in wash sale horror stories?
The main consequence is losing the tax benefit. If you thought you could claim a loss on a sale for tax purposes but it's a wash sale, you can't.
3 answers
2024-11-05 18:57
What are some tax sale horror stories?
A woman had inherited a piece of land from her grandfather. She didn't realize that there were unpaid property taxes from many years ago. When she received notice of the tax sale, she was in the middle of trying to get a loan to build a house on it. The land was sold at the tax sale, and she lost not only the land but also her dream of building a home there. It was a very sad situation for her as she had sentimental value attached to that land.
1 answer
2024-11-14 00:03
What are some estate sale horror stories?
There was an estate sale where the house was said to be in good condition. However, when buyers started exploring, they found that the attic was full of rats. Some of the furniture in the attic had been chewed up badly. It was really a nightmare for those who were interested in buying the furniture or the house itself. They had to deal with potential pest problems and the damaged goods.
2 answers
2024-11-15 23:10
What are some 'wash sale rule horror stories'?
One horror story could be when an investor thought they were making smart trades. They sold a stock at a loss to claim the tax deduction, but unknowingly triggered the wash sale rule. They bought the same or substantially identical stock within 30 days. As a result, they couldn't claim the loss as they expected, which messed up their tax planning.
3 answers
2024-11-23 17:22
How Can Owner Builders Avoid the Horrors in Owner Builder Horror Stories?
To avoid the horrors, owner - builders should start with a detailed plan. This plan should include everything from the design of the building to the timeline of the project. They should also hire a professional inspector to come in at key stages of the build. This inspector can catch problems early before they become huge disasters. And don't skimp on materials. Buying high - quality materials might cost more upfront, but it can save a lot of money in the long run by not having to replace things constantly. For example, using good - quality insulation can save on heating and cooling costs over time.
2 answers
2024-12-15 05:47
Horse Sale Horror Stories: What Are Some Common Ones?
One common horror story is when a horse is misrepresented in the sale. For example, the seller might claim the horse is well - trained for jumping, but when the buyer tries, the horse refuses or shows no prior training. Another is hidden health issues. A horse may seem healthy during the sale but later develop serious problems like laminitis. Sometimes, there are issues with paperwork too. The title might not be clear or there could be unpaid liens on the horse.
2 answers
2024-11-11 05:05
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