Pricing a home effectively is perhaps the most important step you can take toward selling your home quickly and at a satisfactory price. Unlike an ounce of gold, a home doesn’t have a fixed value; rather, its value is defined by conditions that change constantly and sometimes rapidly, such as Read more…
There are three steps you should take before putting your home up for sale: 1. Have your home inspected by a professional. 2. Make necessary repairs and upgrades. 3. Improve your home’s appearance, inside and out. Have Your Home Inspected A home inspector is a professional trained to examine the Read more…
Before you set out to hire a real estate agent, it’s essential to know how the relationship among agents, home sellers, and prospective buyers works in your state. Generally, there are three different kinds of agents: Seller’s agent: Also known as a listing agent, a seller’s agent represents the seller Read more…
A real estate agent is a trained professional who manages the selling of your home from start to finish. Most real estate agents earn a commission of about 3% of the sale price in exchange for their services. Though most sellers tend to work with real estate agents, there are Read more…
When putting a home on the market, it’s important to consider three factors that determine the best time to sell: The most favorable times of the year in which to sell The state of the real estate market in your area Timing the sale of your current home with the Read more…
A key factor in determining whether you should sell is whether you can afford to sell. So it’s helpful to know: Common selling expenses The tax implications of selling The ways in which selling can impact your finances Keep in mind that the costs and financial ramifications of selling can Read more…
Selling your home is a big decision that you should make for only the right reasons. Good Reasons to Sell Your Home Circumstances may force you to sell your home, or you may have your own reasons for wanting to sell it. Reasons that May Force You to Sell Financial Read more…
When you’ve found a home you love that’s priced within your budget, it’s time to make an offer. To make an offer on a home, you and your real estate agent draw up and give to the seller a document called a purchase contract. The Purchase Contract Your real estate Read more…
Before you start house hunting, you should have a good idea what size and type of mortgage you want and can afford. Thinking about mortgages early on in the process, and getting either prequalified or preapproved for a mortgage, will improve your house-hunting efficiency and your ability to close the Read more…
Few home buyers are wealthy enough to pay the entire purchase price of a home up front. Instead, most pay a down payment, a percentage of the total purchase price of the home, and get a mortgage loan to cover the rest of the expense of buying the home. Mortgages Read more…