SERIOUS CONSIDERATIONS
The decision to sell your home requires seeing the total picture from start to finish. It would be best to understand what is involved in selling your home quickly and profitably. However, let me summarize what you should consider to avoid problems. Discuss this list with your trusted agent to eliminate misunderstandings between you, your agent, or an interested buyer. · Selling your home before you are qualified to buy another — Financial situations change, along with loan requirements. · Guessing your mortgage payoff — Know if penalties exist. · Underestimation of closing costs — Calculate fees, taxes, and commissions that need to be paid. · Spending earnest money — If the sale falls through, what happens to the money? · Befriending potential buyers — Discretion is imperative when buyers want to be your friend. · Fear of low appraisals — You have options if this happens. · The stress of showings, remodels, cleaning, and phone calls — Let your agent handle most home sales responsibilities. · Facing inspection requirements — Know what is expected for your home to pass. · You are being prepared for closing — Your agent and lawyer should tell you what to expect. · Flexibility and readiness to show your home — Make preparations so showings do not interfere with your family and life. · Letting buyers see your home in your absence — Buyers prefer to view houses without the seller present to listen to their critiques. Your agent should field any questions. · Weeding out non-qualified buyers — You can request that only qualified home buyers view your home. If they are not eligible, even for creative financing, it wastes everyone’s time — especially yours.
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