House vs. Rent in Some Areas ... My Short Sale Experience

Catalin
Hi Melissa! Welcome to the wonderful world of real etsate! That's a great question for you to ask your RE Teacher. Also, are you planning on working with a large re company or an independent? My suggestion is start off with a business plan. Notify your sphere of influence .tell your family, friends, neighbors, so they will tell their family, friends, neighbors, etc., send out announcement cards, then follow up with phone calls to your sphere. Word of mouth is the best advertising and it's free. Try to get a listing so you can meet buyers. If you can't get a listing soon, offer to do as many open houses for other agents as you can. Get out there and network. Go after expireds and fsbo's. Have many things going on at a time because wasting time means there's a gap between paychecks. I have quite a few active buyers right now, some I have just recently met and others I have been showing properties to for the past 4 to 5 months and some longer. Anyway, typically, 45 days to closing and then you get paid. Good Luck .any questions, feel free to email!

Ketan
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Shorty
That's a crackerjack anewsr to an interesting question

Angel
Attrition of the small farmer will couninte, the larger more efficient farms will take over and eventually have basically the entire industry. You see, larger farms are simply more proficient businesses; smaller farms haul their own manure down the lane or maybe around the corner, larger farms pay thousands to have it hauled miles and miles away, smaller farmers milk their own cows with the help of family, larger farms pay several milkers and cow movers to run cows through a large factory type milking parlor. Smaller farmers often use older smaller equipment and deal locally for farm needs such as feed milling, farm and animal supplies and so on, many larger farms have semi loads of feed trucked in from far away and deny local milling companies and supply stores business. If you have a small farm, you may run a herd bull or two and spend very little to effectively get your cows bred, larger farms pay thousands upon thousands to AI techs to try to accomplish the same thing the smaller farmer does with one or two bulls, no extra time and at very little cost. Smaller farmers utilize buildings that are several decades or even centuries old, pastures that have been used for generations cow paths that are well worn from the hooves of time. But, soon many of these things will be distant memories, replaced with large throw away buildings, cattle raised on concrete from day-one that will never feel the earth under their feet, or taste the fresh green grass of spring. Yes, huge dairy farms are undeniably the more efficient way to dairy farm, the smart folks have been telling us this for years, how can we argue otherwise?

Karim
Is this truly estate tax or your iocnme tax bill from cashing out a 401k/IRA that you inherited?If it is and iocnme tax bill, there is really only one way to make it go away: Pay it.