I just bought a home here in Arizona for $110,000.00. My husband and I replaced the carpeting in the house with high quality porcelain tile, the entire support under the house was once wood, which many know is a termite risk, and had it replaced with concrete, the lower half of the siding on the house was fiberglass, it is now concrete board siding, we have repainted the entire interior of the home to a soft white, when it was pink and yellow. And all the appliances are brand new and totally updated. We have only lived here 6 months and about 2 years ago, the house appraised at $88,000.00. I am trying to get an equity loan, and this home needs to appraise at $102,000 or more. Do you think it will?
one of them has already got 40 acres and the other one got 2 acres left it and went to arizona,came back and now wants 25 more,he will get that when my parents are gone,but not until.this 2-1/2 acres with a shop has been for sale for 4 years,my son was going to buy it and they freaked out,not worth the trouble,so he backed out.now my nephew is buying it so his grand parents can enjoy the time they have left,and all hell hit the fan again,my parents are not healthy and would like to enjoy the time they have,is it wrong for them to sell?i don’t think so,what do you think?my brother thinks becuz he helped build it it should be his and so dose my other brother,i am sick of all the crap,please any advice would be great.
I live in Virginia but own land in Arizona that I would like to sell. I plan to use the sale of the land to pay off the existing mortgage on my primary residence in Virginia. Will I still pay capital gains? I have owned the land for three years and it has appreciated quite a bit. Thanks.
