Even though most people are rarely part of a real estate transaction, everyone believes they are an expert. And while there’s a prevailing belief that buying without a real estate agent will save you money, the truth is you’re almost always better off working with a pro. Buying or selling a house is not something […]
Selling a home may seem like a simple process. You clean it up, show it to a few people and one of them buys it. The trouble is that the process is actually much more complicated, with legal and practical considerations you may not know much about. Sometimes, sellers make simple mistakes that could cost […]
So you’re thinking of selling your home, and you want it to be presented in its best possible light to potential buyers. You’ve probably heard this before, but the way you live when your house is for sale is NOT the way you normally live. I mean, who do you know that has zero appliances […]
A house appraisal is an opinion of value, an estimate of worth. The value of residential real estate is estimated by comparing the subject house with similar properties that have been sold recently. Look at your neighborhood to find comparable sales or properties in similar neighborhoods that share similar characteristics of lifestyles, income level of […]
Selling a home should be like any other business transaction, but all too often sellers make emotional or impulsive decisions that cost them money and time. Choosing the right Realtor to market a property and negotiate the sale is the most important step in the process.
It’s a good idea to interview the agent with whom you will be working in order to get a sense of the skills and talent of your prospective partner. A good agent will: Help you sell your property, Provide comparable sales data to determine the proper asking price, Successfully negotiate all aspects of the transaction, […]
In sellers’ markets, multiple offer situations often drive up the purchase price higher than any comparable sales in the area, so sellers worry the appraisals will come in low. In buyer’s markets, when prices are soft or falling, sellers are also concerned that the home will bring a low appraisal. Low appraisals can happen in […]
In a condominium the owner has a deed for the unit, has a separate mortgage, pays property tax on the unit plus a percentage of the common areas and pays a monthly maintenance fee. The condominium owner has a fee simple absolute unrestricted ownership and is individually responsible for property taxes and maintenance fees. When […]
What You can do as a Seller to make your house look extraordinary? Here are some house fix up tips. Be realistic pricing your house. If it lacks amenities that an equally-priced comparable house has, discount the price of that item. Make sure the key to your house is available to the agent and your […]
The top three reasons that a house does not sell are: It is in poor condition. The house is priced too high. The immediate surroundings, general area or housing market may be a bit depressed.