Linda Felicetti - Real Estate with Distinction

Great advice for your 2011 Tax Return

By Linda Felicetti, February 1, 2012 9:20 pm

Our accountant, Linda Tabeling of Tabeling & Company, LLC, has provided us with some great tips and advice for your 2011 return. Have more questions or need an accountant, call her at 302-999-8020 or email to Linda@Tabeling CPA.com.

Click the link below:

2012-tax-letter

Happy 50th Birthday to Patterson-Schwartz Real Estate!!

By Linda Felicetti, December 10, 2011 6:33 pm

Click below for an article featured in the News Journal on Saturday, December 3rd, 2011

  • Patterson-Schwartz Real Estate 50th Anniversary
  • 4th Annual Miles for Melanoma Delaware 5k Run/Walk

    By Linda Felicetti, August 12, 2011 11:38 am

    Linda and her daughter Michelle will be participating in this fundraiser on September 18, 2011. Please go to the link posted below to read why we are participating in this event. We know times are tough for many, but no donation can be too small. If you would like to join us that day let me know. Much Thanks

  • Miles for Melanoma
  • Ready to sell? Be sure to price it right!

    By Linda Felicetti, July 7, 2011 1:26 pm

    A fellow real estate agent shared a story with me concerning pricing homes in this present real estate environment.

    Called out to do a market analysis for a couple planning on selling their home, the agent did a careful market study and went back to them with an estimate of pricing. The analysis came in much lower than the homeowners thought it would.

    The homeowner got upset with the agent for pricing their home so low. The agent gave them an honest assessment of the market based on what buyers are willing to pay. The buyers set the value, the agents don’t, and the sellers don’t. Supply and market conditions set the pricing.

    One of the best pieces of advice I can give a seller who is getting ready to sell is to have an appraisal done by qualified fee appraiser to determine value. This is an independent non-biased opinion. Many of these appraisers do the appraisals for the mortgage companies. (We can supply names and contact information for local appraisers)

    The recent mortgage environment has seen many of the lenders cutting the sales prices that buyers and sellers agree on because the mortgage appraiser is not able to successfully show the value agreed to in the contract.
    So even if you found a buyer who may be willing to pay an inflated price, the mortgage lender’s appraiser could in fact dispute the sales price as higher than market value. By that time you have lost valuable market time caused yourself added stress and may loose your willing and able buyer.

    Feel free to contact me for more sound real estate advice!

    Linda

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