You love your home, and think it should sell for top dollar. But how do you make sure buyers see it the same way? Find out about marketing strategies, appropriate pricing, negotiating, and tax issues here.
Thinking about selling that extra piece of residential real property? Think again. There may be more value to holding onto the property and renting it out than you realize. It's worth evaluating such potential benefits as rental income, tax deductions, property appreciation, and being your own boss -- before you put out the "For Sale" sign.
Seller financing -- when the seller of a home takes on the role of lender in a home sale -- can help both sellers and buyers in a tight credit market. Sellers may be able to sell their home faster in a slow market and get a sizable return on the investment. Buyers can benefit from less stringent qualifying and down payment requirements and better loan terms. But sellers should be aware of the risks inherent in seller financing.
Selling a home brings on a whole host of questions and, sometimes, anxieties. How much is your house really worth? What if you set the price too high or too low? Are you willing to pay a 5-6% commission for an agent's help? Should you repaint or remodel before putting the house on the market? This article will look at the home-selling process step by step and provide links to other sources of information.
If you sell your home yourself, without the assistance of a real estate agent, you will save a bundle on commissions. However, make sure you know what you are getting into before you take on this task. Learn about what the process entails, whether it is a good idea for your situation, and where to get help if you do decide to go it alone.
Whether your home has gone up or down in value lately, you probably want to transform as much of the value as possible into money going into your own pocket. But, after you pay off your existing mortgage, your real estate commission may be the next largest expense in selling your home. Negotiating the amount you pay to your real estate agent could therefore be the easiest way to save money.
Question I live in an nice suburban neighborhood. The streets are generally clean, the schools are decent, and most of the houses on my block are well-maintained. I’m in the process of selling my home, and had hoped to bring in about $700,000. That’s based on its fair market appraisal, taking into