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Selling Your Home Where Do I Start?
Selling your home can be exciting, but it also takes work. You’ll need to fix all those little problems you’ve let go for so many years. You need to decide if you’re going to try to sell your own home or use a professional real estate
broker. And you’ll need to be patient! Selling your home can take some time, depending on your local real estate market
Learn about the process and the pitfalls of selling your home, before you begin. Here are just some of the resources available
Making Your Decision to Sell
Before You Sell - Prep the House
Interview Realtors
Home Inspections - What are they?
Simple Selling Tips
Closing and Settlement
The 2 most important factors in selling a home: Price and condition are the two most important factors in selling a home, even in a down market. The first step is to price your home correctly. Use comparative sales information from your agent, or pay for a professional appraiser (usually $200 to $300), to objectively evaluate your home's worth.
Second, go through the house and repair any obvious cosmetic defects that could deter a buyer.
In a down market, you may have to
consider lowering your price and/or
making a major repair, such as replacing
the roof, in order to lure a buyer.
Also, make sure that your home is
getting the exposure it deserves through
open houses, broker open houses,
advertising, good signage and a listing
on the local multiple listing service or
online listings provider. If this isn't happening, take it up with
your agent or agent's broker. If you are
still not satisfied you are getting the
service you need, you may have to switch
agents.
Disclosing
Problems
Keep in mind, In most states, it is the
seller who has the obligation to
disclose information about a property.
Under the strictest laws, you and your
agent, if you have one, are required to
disclose all facts materially affecting
the value or desirability of the
property which are known or accessible
only to you.
This might include: homeowners
association dues; whether or not work
done on the house meets local building
codes and permits requirements; the
presence of any neighborhood nuisances
or noises which a prospective buyer
might not notice, such as a dog that
barks every night or poor TV reception;
any death within three years on the
property; and any restrictions on the
use of the property, such as zoning
ordinances or association rules.
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