Moving out may bring fast home sale

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

DEAR BOB: I plan to sell my home. Should I stay in my home while trying to sell it? We could move into our new home and leave the one we are trying to sell vacant. Which scenario will help sell our home faster? --Dana P. DEAR DANA: Your listing real estate agent is in the best position to advise you whether to stay or move during the sales process. Purchase Bob Bruss reports online. The specific answer depends on whether your home shows well with you and your furniture still in the house. Or maybe it will show better if you move out, spruce it up with fresh paint and perhaps new carpets. As a buyer, I like vacant houses because then I can easily spot most defects. As a seller, I prefer to sell vacant houses after painting and cleaning them, usually installing new wall-to-wall carpet. Vacant rooms look bigger than rooms occupied with furniture. NO TAX DEDUCTION IF LOAN IS NOT SECURED BY YOUR HOME DEAR BOB: To buy our first home, my wife's parents loaned us $50,000. We have been faithful...