what is involved in selling your home or property quickly and profitably. However, let me summarize a bit about what you should consider to avoid trouble in the process. To eliminate any misunderstandings by you, your agent, or an interested buyer, discuss this list with your trusted realtor. • Selling your home or property 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. • Stress of showings, remodels, cleaning, phone calls — Let your agent handle the bulk of the responsibilities of selling your home. • Facing inspection requirements — Know what is expected for your home to pass. • Being prepared for closing — Your agent and your Notary should let you know what to expect. • Flexibility and readiness to show your home or property — Make preparations, so showings do not interfere with your family and or your tenants' life in the case of revenue property.
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