The Home Selling Column
Everything worth knowing when considering the purchase of a pre-owned condo or house — mortgages, down payments, building age, management condition, renovation, and how the purchase process itself unfolds.
All 49 articles on buying a home
From the fundamentals of choosing a home and mortgage financing to reading a property, contracts, and running costs — organized so you can read through in order.
A property appraisal can be a desk appraisal (a quick estimate based on data) or an on-site appraisal (a detailed valuation after an in-person visit).
Vol.02How to Research the Selling Market: Closed Sales, REINS, and Posted Land PricesYou can research the selling market for a condo or house by combining REINS closed-sale data, asking prices on property listing sites, and posted or benchmark land prices.
Vol.03How Long Does Selling a Condo Take? Working Backward from Your Move DateHow long it takes to sell a condo depends heavily on how much time you allow for each stage — appraisal, the agency agreement, marketing, contract, and settlement/handover.
Vol.04Condo Selling Costs Checklist: What to Confirm When Reviewing Your EstimateA checklist of the costs involved in selling a condo, broken down item by item.
Vol.05Taxes on Selling a Condo: Tax Rates and Special Deduction Conditions by CaseTaxes on selling a condo depend on how long you owned it and whether it was your primary residence.
Vol.06Tips for Handling Viewings While Still Living in Your CondoWhen selling a condo you still live in, how you handle viewings can shape the outcome.
Vol.07How to Set Your Asking Price and When to Consider a Price CutYour asking price is set with reference to the appraisal value, then adjusted based on your preferences and market response.
Vol.08Brokered Sale vs. Direct Purchase (Kaitori): Which Should You Choose?Selling a condo can go through a brokered sale or a direct purchase (kaitori) by a real estate company.
Vol.09Why Appraisal Values Differ Between Real Estate CompaniesEven for the same condo, appraisal values can differ from one real estate company to another.
Vol.10What to Review When Your Property Isn't SellingIf your property has been listed for a while without selling, there are several points worth reviewing — price, listing photos, the type of listing agreement, and how you handle viewings.
Vol.11Voluntary Sale (Nini Baikyaku): How It Differs From a Court AuctionA voluntary sale (nini baikyaku) is a way to sell close to market price with your lender's agreement, avoiding a court auction.
Vol.12Leaseback: How It Works and the DrawbacksA leaseback lets you sell your home and receive the proceeds while continuing to live there as a tenant.
Vol.13Selling an Inherited Family Home: The Process and Tax BasicsYou can't sell inherited real estate until the title has been transferred through inheritance registration (sōzoku tōki).
Vol.14Guaranteed Purchase (Kaitori Hoshō): A Hybrid of Brokered Sale and Direct PurchaseA guaranteed purchase (kaitori hoshō) is a system where, if your home doesn't sell through brokered listing within a set period, the real estate company buys it at an agreed price.
Vol.15Do You Need to Renovate or Clean Before Selling?A major renovation before selling is generally considered unnecessary.
Vol.16Selling a Vacant House As-Is vs. Demolishing It First: How to DecideMany owners aren't sure whether to sell a vacant house (akiya) as-is or demolish it and sell the land as a vacant lot.
Vol.17How to Sell a Tenanted Property (Owner-Change Sale)Selling a property while a tenant is still living there — an owner-change sale — follows a different process from a regular sale.
Vol.18How to Sell Land: Survey, Boundary Confirmation, and Handling an Old HouseSelling land requires preparation that differs from selling a building — a boundary survey (sokuryō) and deciding how to handle an old house on the site.
Vol.19A Checklist of Documents Needed to Sell, and What to Do If You've Lost OneSelling real estate requires documents such as the title deed, registration identification information, and your property tax notice.
Vol.20Condo vs. House: What's Different About Selling EachCondos and houses differ in how they're valued and what needs to be checked before selling.
Vol.21Selling Co-Owned Property (Kyōyū Meigi): What to Check Before You SellSelling co-owned property (kyōyū meigi) requires the consent of every co-owner.
Vol.22Tax on a Loss When You Sell: Offsetting and Carrying Forward a Capital Loss (Jōto Sonshitsu)If a property sale results in a loss (jōto sonshitsu), certain conditions let you offset it against other income and carry the loss forward.
Vol.23How to Sell Hard-to-Sell Property: Non-Rebuildable Lots (Saikenchiku Fuka) and Flagpole Lots (Hatazao-chi)Non-rebuildable lots (saikenchiku fuka) and flagpole lots (hatazao-chi) tend to attract fewer buyers than typical properties.
Vol.24Agent Lock-Out (Kakoi-komi): What Sellers Should Check ForAgent lock-out (kakoi-komi) is when your listing agent blocks inquiries from other companies to secure a double-sided commission.
Vol.25A Seller's Checklist: From Sale Contract to HandoverOnce the sale contract is signed, sellers still have things to take care of before handover — removing the mortgage, moving out, and gathering the right documents.
Vol.26A Viewing Prep Checklist: Making a Good First Impression on BuyersA viewing's first impression comes down to three things: cleanliness, smell, and brightness.
Vol.27Rent Out or Sell? Where the Decision Really TurnsDeciding whether to rent out or sell a home you're moving out of is rarely simple.
Vol.28Selling in a Hurry: Your Options and What to Watch ForSelling a home fast comes down to three options: a brokered sale with strategic pricing, an instant buyback, or a buyback guarantee.
Vol.29Selling a Home With a Pet or Smoking HistoryIf your home has a history of pets or smoking, disclosing it honestly is the fundamental rule.
Vol.30Mortgage Payoff at Closing and Removing the Mortgage (Teitōken Masshō)When selling a home with a mortgage still outstanding, the standard flow is to pay it off in full at closing (teitōken masshō, or mortgage removal) using the sale proceeds.
Vol.31Mandatory Inheritance Registration (Sōzoku Tōki) and Sorting Out Title Before You SellYou can't sell an inherited property until title has been sorted out.
Vol.32The Risks of Leaving a Home Vacant: Designated Vacant Houses (Tokutei Akiya) and When to SellLeaving a home vacant risks having it designated a vacant house (tokutei akiya), which can raise your property tax bill.
Vol.33What Is Home Staging? Its Effect and Typical CostHome staging is a technique that furnishes a vacant home with furniture and small items to help buyers picture themselves living there.
Vol.34Selling Without Your Neighbors Finding Out: Private and Limited-Exposure Sale MethodsIf you want to sell without your neighbors finding out, you can lower the risk by adjusting how the property is advertised.
Vol.35How to Handle Price Negotiations from Buyers: What to Decide in AdvanceIt's not unusual to receive a sashine (price-cut) negotiation from a buyer after a viewing.
Vol.36Selling a Home with a Psychological Defect (Shinriteki Kashi): Disclosure Duty and Price ImpactIf your home has a history involving a psychological defect (shinriteki kashi) — such as a death having occurred there — you need to understand disclosure duty before selling.
Vol.37The Practicalities of a Sale-First Move: Temporary Housing and Delivery Grace PeriodsWe look at the practicalities once you've decided to move ahead with a sale-first replacement purchase.
Vol.38Is a Direct, Individual-to-Individual Sale Possible? The Risks of Skipping a BrokerAn individual-to-individual (kojin-kan) real estate sale isn't prohibited by law, but it carries risks around the contract paperwork, pricing, and settlement procedures.
Vol.39How to Read an Appraisal Report (Satei-sho): Comparable Sales vs. Income ApproachAn appraisal report (satei-sho) records not just a figure but the method used to calculate it.
Vol.40Decluttering Before You List: Disposing of Unwanted Items, Estate Cleanout, and Items Left BehindDecluttering before you list affects not just the impression made at viewings but also the handover conditions.
Vol.41Selling Land with No Boundary Markers or a Neighbor Dispute: Boundary Determination and EncroachmentsLand with no boundary markers, or where you and a neighbor disagree on the boundary, tends to be hard to sell as-is.
Vol.42Property Photos and Privacy: How Much Can You Adjust What Goes Online?Selling activity means listing interior photos on portal sites, but many sellers would rather avoid having identifiable personal details show up in them.
Vol.43If the Buyer's Loan Contingency Clause Cancels the Contract: A Seller's PreparationIf the buyer's mortgage isn't approved, the loan contingency clause can send the contract back to square one.
Vol.44How to Read a Brokerage Activity Report (Baikai Hōkoku): Checking Your Sales ProgressUnder an exclusive agency or exclusive right-to-sell listing, your agent is required to report on sales activity at regular intervals.
Vol.45What to Do After Your Sale Closes: Fire Insurance, Tax Filing, and Address ChangesEven after handover is complete, there are still steps for the seller to take — canceling fire insurance, filing a tax return, updating your address, and more.
Vol.46Selling a House with a Rental Unit or Ground-Floor ShopA house with a built-in rental unit or a ground-floor shop calls for a different appraisal approach and a different buyer search than an ordinary home.
Vol.47Can You Sell an Old Seismic Standard Condo? Tips for a Successful SaleA condo with a building confirmation issued before June 1981 falls under the old seismic standard (kyū-taishin), which can affect mortgage financing and how easily a buyer is found.
Vol.48Selling an Elderly Parent's Home: Consent, Power of Attorney, and Adult Guardianship BasicsSelling a home registered in an elderly parent's name requires the owner's own consent as the fundamental rule.
Vol.49Sale Contract Checkpoints: Clauses Sellers Should ReviewA sale contract includes clauses that matter greatly to the seller, such as earnest-money cancellation, liability for non-conformity, and the loan contingency.