Central Mississippi Real Estate News & Market Updates
Stay informed on the latest real estate news, home buying tips, and market updates for Brandon, Flowood, Madison, and all of Central Mississippi from April Smith, REALTOR®.
Behind on Your Mortgage in Mississippi? How to Sell Before Foreclosure
Can you sell your house before foreclosure in Mississippi? Yes. You can sell your home any time before the foreclosure sale, and according to Nolo's summary of Mississippi law, paying off the loan in full before the sale stops the foreclosure, which is what a closed sale does. According to Mississ
What Stays With the House When You Sell in Mississippi?
What stays with the house when you sell in Mississippi? Under the standard Mississippi REALTORS® F1 purchase contract (Rev. 10/2026), items permanently attached to the home stay unless they are specifically excluded, and the form names things like built-in appliances, ceiling fans, blinds and rods,
Selling an Inherited House in Mississippi: Who Signs, What It's Worth, and How to Start
How do you sell an inherited house in Mississippi? According to Mississippi chancery practice, the house passes directly to the heirs or to the people named in the will, so they usually all sign the contract and deed. The executor signs instead only when the will grants a power of sale or a court or
Do You Need a Survey to Buy a House in Mississippi?
Do you need a survey to buy a house in Mississippi? Mississippi law does not require a survey to close on a home, but your lender or the title insurance underwriter may require one, and your closing attorney will tell you if they do. Without a current survey, an owner's title policy usually carries
Can a Buyer Assume Your Mortgage in Central Mississippi?
Can a buyer take over your mortgage when you sell in Central Mississippi? If you have an FHA, VA, or USDA loan, often yes. Those loans are generally assumable with the loan servicer's approval, so a qualified buyer can take over your balance, rate, and remaining term, while most conventional loans c
Should You Get a Pre-Listing Inspection in Brandon, MS?
Should you get a pre-listing inspection before selling in Brandon, MS? For most homes more than about 10 years old, yes. A pre-listing inspection typically runs about $325 to $450 for a Brandon-area home, and it shows you what a buyer's inspector will find while you still have time to fix it, price
Buying a House With a Septic System in Rankin County
Do you need a septic inspection to buy a house in Rankin County? Mississippi does not require a septic inspection when a home changes hands, so the inspection is up to you as the buyer, and your inspection period is the time to get it done. Existing systems are regulated by the Mississippi State Dep
Buying a Home Near the Reservoir in Brandon: Do You Own the Land?
Do you own the land under a Ross Barnett Reservoir home? Often, no. Much of the area around the Ross Barnett Reservoir belongs to the Pearl River Valley Water Supply District and is leased to homeowners, so many buyers purchase a leasehold instead of the land itself. The District says residential le
Do You Pay Capital Gains Tax Selling a House in Mississippi?
Do you pay capital gains tax when you sell a house in Mississippi? Most Central Mississippi sellers do not. If you owned the home and lived in it as your main residence for at least 24 months out of the five years before the sale, federal law lets you exclude up to $250,000 of gain filing single, or