The Answer Book for Sellers

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The Answer Book for Sellers Improve the Odds of an Offer HOW TO Improve the Odds of an Offer Price it right. Set a price at the lower end of your property’s realistic price range. Consider: Comparable properties: A “comp” is what real estate professionals call home sales that can be reasonably used to help determine the price of your home. But just because you’re in […]
The Answer Book for Sellers Navigate a Short Sale HOW TO Navigate a Short Sale Be prepared for a lengthy waiting period. Even if you’re well organized and have all the documents in place, short sales can still be a long process. Waiting for your lender’s review of the short-sale package can take several weeks or even months. The length varies by lender and […]
The Answer Book for Sellers Prepare for a Short Sale HOW TO Prepare for a Short Sale A short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and closing costs, and you don’t have other sources of money to cover the deficiency. It’s significantly different from a foreclosure, which is when your lender takes the title of […]
The Answer Book for Sellers About the Appraisal Process WHAT TO KNOW About the Appraisal Process Once you are under contract, the buyer’s lender will send out an appraiser to make sure the purchase price is in line with the property’s value. Appraisals help guide mortgage terms. The appraised value of a home is an important factor in the loan underwriting process. Although lenders […]
The Answer Book for Sellers Use Feng Shui Concepts in Staging HOW TO Use Feng Shui Concepts in Staging Feng Shui is a Chinese system of beliefs that govern spatial arrangement in relation to the flow of energy or “life force” (known as chi or qi) in a building. Learn how to appeal to buyers who follow such principles. Chi flows in. Pay special attention to […]
The Answer Book for Sellers For Better a Home Showing CHECKLIST For Better a Home Showing Remove clutter. Clear off counters and pack unnecessary decorative items. Put extra furniture in storage, and remove out-of-season items. Don’t forget to clean out the garage, too. Let it shine. Cleaning windows and screens will help bring more light into your home. Replace burnt bulbs, and consider higher wattage […]
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