What Homeowners Can Deduct on Taxes for 2019

Spring is Traditionally a Great Time to List

Although Spring is traditionally a great time to list a home for sale, the year 2020 will likely go down in history as one of panic, fear, and uncertainty due to the worldwide COVID-19 virus. Due to the nationwide social distancing rules that are currently in force, the traditional in-person showings and open houses may not be an option – at least for now.

With that in mind, it can be difficult at best to decide whether or not to put your home on the market. But in some cases, such as a job transfer or the need to expand your space due to the birth or adoption of a child, a move sooner rather than later could be necessary.

Good News

The good news is that there are still ways to provide a great deal of information to potential buyers. For example, according to the National Association of Realtors, providing virtual tours can be an ideal way to offer a three-dimensional look. Likewise, your real estate agent and / or a potential buyer’s agent could also conduct a live tour of the home and property using Skype or Facebook in real time.

If a potential purchaser insists on visiting your home, the Center for Disease Control (CDC) has some tips that can help to keep everyone safer, such as:

  • Requiring the visitors to wash their hands or use an alcohol-based hand sanitizer immediately upon entering the home
  • Removing shoes or covering their footwear with disposable booties
  • Disinfecting commonly touched areas – such as faucet handles and doorknobs – both before and after the visit

Do You Have Questions?

In these uncertain times, you may have questions regarding whether or not to move forward with a move – whether it is across town or to a different area of the country (or even the world). So, please feel free to reach out to us directly. We’re happy to help you with clearing up any uncertainty, and helping you to move forward with your move if and when the time is right.

 

Sources:
Open House Guidance During COVID-19. National Association of Realtors. https://nar.realtor/open-house-guidance-during-covid-19