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How could I Prepare my house for sale ? |
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There are really
two phases when it comes to preparing your home. The first
phase is getting it ready for the market , so take as much
time as necessary but as little money as possible to maximize appeal. The best
way to do this is to walk around your entire home with a notepad paying careful
attention to everything; check the walls for chips, holes or uneven paint. Fix
all leaky faucets and make sure they shine- and consider replacing them if they
don't. Now on to the second phase - Once your home
is officially "For Sale", you need to make your home look good. Be sure to
concentrate on your kitchen and bathrooms. It's a good idea to box up any items
that haven't been used for a while. By boxing up your possessions you will add
visual square footage to your home thus increasing its perceived value. Ask a
friend or relative to help you out with this or even consider renting a storage
space to keep your belongings until you sell. Now might be a good time for a
garage sale. If you were going to get rid of anything before your move anyway,
do it now before the house is even shown.
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I'm selling my house... how would you deal with
the buyers ? |
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Buyers need
to be qualified in the following terms: financial ability,
buyer wants and buyer needs.
This is not something you will be responsible for - it will be up to the
mortgage lenders and the buyer's REALTORŪ. Meanwhile, we need to be on top
of every detail for your sake. Anytime there is a call or contact, many details
need to be discovered. Has their loan commitment come through? What conditions
are on it? Has the appraisal been done? Are there any repairs needed?, etc.
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What kind of Marketing plans are available for sellers ? |
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Today's
technology offers many new ways of marketing to give your home exposure to more
potential buyers than ever. The following resources may be used:
open houses, flyers, newspaper,
magazine, e-mail, and the
Internet .
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What is a fore-closure property ? |
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A
foreclosure property is the kind of
property that has been repossessed by the lender because the owners failed to
pay the mortgage. Thousands of homes end up in foreclosure every year because
of economic conditions, credit problems or unexpected expenses of
owners. You have to be cautious when considering a foreclosure. Many
experts, in fact, advise inexperienced buyers to hire an expert to take them
through the process.
It is important to have the house thoroughly inspected
and to be sure that any liens, undisclosed mortgages or court
judgements are cleared or at least disclosed.
Buying directly at a legal foreclosure sale is risky and
dangerous. The title needs to be checked before the the buyer could buy a
seriously deficient title. The property's condition is not well known and an
interior inspection of the property has to be done..
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