Selling a home can have a major impact on your federal and state tax returns. You should check with your tax consultant on how these factors can effect your specific tax status, and to do any tax planning that may decrease the tax liability caused by the sale of your home.
Be sure to ask your real estate agent to go over the standard contract with you before you receive or make a purchase offer. That way, you'll know what to expect and be prepared to negotiate the best deal you can get.
Your home is in escrow, and the buyer has scheduled a home inspection. Should you be worried about what the inspector might find? The answer depends, of course, on the condition of your home and how well you've maintained its major components over the years. Regardless of what the inspector may uncover, however, you shouldn't be overly concerned about the actual home inspection, especially if you have already had an inspection performed to help you prepare for the sale.