Real Estate Resources: Home Sellers

What to Expect at Closing

After searching for your dream home, or at least a suitable home in a great location, you are ready to close the deal. Your realtor probably guided you through the process of completing a comprehensive home inspection to uncover any problems, and you may have purchased homeowner’s insurance. At this point, all that is left is to close on your new home in a procedure that may be called the closing or the settlement.   read more...

Understanding Short Sales

A short sale in real estate occurs when the bank holding the mortgage on a home agrees to accept less than the full amount owed on the mortgage when the home is sold. With the bank’s approval, the seller of the property agrees to sell the home at a lower price, even though the proceeds on the sale will not cover what is owed on the mortgage. In some cases, the homeowner may owe more than the selling price. The lender agrees to accept a percentage to pay off the mortgage loan from the homeowner or the new homeowner.   read more...

Negotiating Tips for Home Sellers

Selling your home is an emotional process, and it is sometimes difficult to remain detached as potential buyers critique your house and bring up negatives in order to negotiate a lower price. To strike a successful deal, you may have to negotiate with a buyer on the selling price as well as other elements of the deal like the closing date. Make sure to choose an experienced listing agent familiar with the real estate market in your area to guide you through the negotiations.   read more...

Give your House That WOW Factor When It’s Time to Sell

When you decide to move, it is time to get your house ready for a quick sale. Remember that you will never get another chance to make a good first impression on the buyer. That means letting go of your emotional attachments and looking at your home through the eyes of the homeseeker. Even small changes like making minor repairs, putting on a fresh coat of paint and cleaning up the yard can make a big difference in the appearance of your home. Small improvements can translate into increased marketability and the chance of putting more money in your pocket at closing.   read more...