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Preparing to Buy Build Your Home Buying Process Loan Process Refinance Your Home Home Improvement
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Selling A Home Keep in mind the following considerations to help the whole process go more smoothly. Time Becomes Money It's a good idea to place your home on the market as far in advance as possible of purchasing a new one.Check Your Curb Appeal A home that's visually appealing and in good condition will attract potential buyers driving down the street. Use this checklist to view your property through an outsider's eyes.On the Inside Fortunately, there are plenty of easy improvements you can make to your home's interior without spending a lot of money. Cleaning is No. 1.Go It Alone--or Choose an Agent? Some homeowners decide to sell their homes themselves in order to save the commission charged by a real estate agent. Handling your own sale means you will be responsible for placing ads, answering phones and showing your home to strangers.If you decide to sell through an agent, ask friends and neighbors for recommendations. Talk to several agents before picking the one you want to work with. Ask prospective agents how they plan to market your home. Negotiate the broker's commission prior to listing your home, and sign for a limited period of time -- usually three to six months. Setting a Fair Price Here are some of the factors to consider in pricing your home. To determine the value of your home, you probably will want the advice of a real estate agent or appraiser. Ask an agent to prepare a market analysis for you, showing the recent selling prices of three neighborhood properties comparable to your own. Either you or your agent will want to quickly weed out potential buyers who cannot really afford to purchase your home. A number of factors will help determine whether or not you are wasting your time negotiating a sale. Seek Legal Representation When selling your home it's a good idea to be represented by an attorney. Look for an attorney with expertise in real estate transactions. When a potential buyer puts an offer in writing and you accept it, the signed acceptance becomes the sales contract. Your attorney will be present at the actual closing to protect your interests and can assist you with the following elements of a sales contract: Tax Implications Selling a home can have a major impact on your federal and state tax returns. Check with your tax consultant on the factors that may affect taxes resulting from the sale of your home. Don't place your home on the market for sale until you are certain that you are prepared to sell. Don't price your price out of the market when stacked up against comparable homes in your neighborhood. A tidy home shows to its best advantage; the first impression is a lasting impression. Be sure that your home is tidy before your agent holds an open house for other agents to preview your home. Pets should be removed from the premises or placed in a secure area. Refrain from playing loud music or otherwise creating a disturbing environment. Extraneous odors from cooking orfron pets should be avoided. |
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Home | Buy vs. Rent | Preparing To Buy Build Your Home | Buying Process | Loan Process Refinance Your Home | Home Improvement | Sell Your Home Copyright© 1998 HBGuide by EWM. All Rights Reserved. |
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