The decision to sell your home requires seeing the total picture, from start to finish. You should understand what is involved in selling your home quickly and profitably. To avoid misunderstanding, let us take a look at 12 things you’ll need to consider…
- Selling your home before you are qualified to buy another – Remember: financial situations change as do loan requirements.
- Guessing your mortgage payoff – Don’t… Not only is it important to know the actual payoff amount, you should know if penalties exist.
- Underestimation of closing costs – calculate fees, taxes, and commissions that need to be paid.
- Spending of earnest money – if the sale falls through, what happens to that money?
- Befriending potential buyers – don’t be too quick to befriend potential buyers… emotions can be a big hurdle when selling your home. Don’t be blinded by emotions.
- Fear of low appraisals – Have no fear. You have options if this happens.
- Dealing with the stress of showings, remodels, cleaning, phone calls – Relax… 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.
- Be prepared for closing – your agent and title company should let you know what to expect.
- Flexibility and readiness to show your home – make preparations so showings do not interfere with your family and your life.
- Letting buyers see your home in your absence – buyers prefer to view homes without the seller present to listen to their critiques. Any questions should be fielded by your agent.
- Weeding out non-qualified buyers – you can request that only qualified buyers view your home. If they are not eligible, even for creative financing, it’s a waste of everyone’s time – especially yours.
These are a dozen things to be aware of when selling your home. Call me and I’ll help sell your property quickly and profitably. (818) 355-2850