ample reward. Clear the home of all unwanted things. Completely de-clutter the home immediately before listing.
APPROACHING NEGOTIATIONS FROM A PERSONAL POINT OF VIEW
Sellers often tend to take the negotiating too personally and get offended if the prospective buyer makes repair demands or ask for credits. Keep your ego out of the transaction and let your smartness come into play during the negotiation.
NOT DISCLOSING ADEQUATELY
Where you choose to sell the home without making repairs to systems or structures (i.e., leaky roof, rusty hot water tank, or not- to-code electric), ensure to disclose all maintenance and repair issues. You could be liable for problems you did not disclose even in an “as-is” sale, and importantly, this will help you save money and time if the buyers end up discovering the problems themselves and you must deal with them during the closing.
NOT FOLLOWING THE TIMELINE PERFECTLY
Sales that are timed for financing or tax purposes that miss the timeline even by a single day can cost you extra in taxes or other costs. Therefore, missing a day can mean losing dollars. You need to schedule the deal after consulting your accountant well in advance to find out whether any tax breaks can apply for long- term capital gains.
NOT CONSIDERING THE CLOSING COSTS
During closing, you are likely to incur a list of fees and expenses. By overlooking this fact, home sellers lose thousands. It is necessary to review the estimated closing costs with your real estate agent. If you overlook this step, you cannot hope to benefit
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