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Updated about 14 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Zach T
1
Votes |
6
Posts

Putting house up for sale before 3 year commitment is finished

Zach T
Posted

I bought my house when the $8k tax credit came around. My plan is to sell it and buy a double to rent out. I live in PA if that matters. I need to technically live there until October.

Would I be able hire a realtor and have them start showing the house a few months before hand to get the process started ASAP. I would make sure closing is after the 3 year commitment is complete. The goal being to sell the house asap without having to pay back the tax credit.

Most Popular Reply

User Stats

95
Posts
18
Votes
Mike Morrison
  • Contractor
  • Woodlands, TX
18
Votes |
95
Posts
Mike Morrison
  • Contractor
  • Woodlands, TX
Replied

I just curious, why would you get an agent involved now if you can't sell until October? I mean as an agent my job is to get the property sold asap. Why would I want to spend MONEY marketing your property now, in February if I can't close the deal for 8, count 'em 8 months? I know that doesn't fit your "plan".

GIVE ME A BREAK. Oh, that's right, agents work for FREE. We never incur marketing expenses, must have slipped your mind!

What you are asking of an agent is like me duct taping you to a chair at dinner. Putting your favorite food in front of you and asking you to wait till I get ready for you to eat...

Save some unsuspecting or rookie agent some grief . FSBO!

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