costs into account to come up with a listing price.
Don’t: Sell your home to an investor
• Investors always make lowball offers. This is because investors have no emotional attachment to a house because they don’t intend to live in it. They simply want to buy it and flip it for profit. Their only concern is capitalization rates and return on investment. Potential homeowners, however, are looking for a home. They need to be able to visualize themselves happy and at ease, enjoying the sunset through the picture window, watching televised sports in the “man cave,” or sipping wine in front of the fireplace. Who wouldn’t pay top dollar for that satisfaction?
Don’t: Fall for scams
• Remember, real help from the government is always free. Beware of mortgage-relief scammers, especially if they ask for a fee in advance. • If you’re contacted by a scam artist, file a complaint by contacting the Federal Trade Commission (FTC). If the scam involves bankruptcy, contact a local U.S. Trustee office. • According to the federal website USA.gov, scam operators find potential victims in several ways: - Advertising online and in local publications. - Distributing flyers. • Contacting people whose homes appear in the foreclosure notices. (They can easily find these notices online or in a local newspaper.)
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