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Flue Season is Here!
Furnace flues and chimneys are often neglected. Many homeowners presume that the utility company or their fuel supplier is monitoring them, and don't realise this isn't necessarily true until something goes wrong. As a result, bird's nests and other...
Home Loans for Credit Challenged Borrowers
Just because you have negative items on your credit report doesn't mean you can't obtain a home mortgage loan. There are options for you. Bad credit is not the end of the world. It's true that getting a bad credit mortgage loan is not always the...
How much difference do Bathroom Faucets make?
When choosing a faucet for your bathroom. Consider the rest of the bathroom.
We have all seen the TV commercial about the client choosing a bathroom faucet and asking the architect to design a house around it. Yeah right! There are some great...
Save Money; Maintain Your Home
Many of us have learned the hard way, that if we
don't keep our cars, tools, and other things we rely on in good
working order, then we end up spending money unnecessarily on
repairs. The same is true in regard to our houses, both inside
and...
Why Not Add a Shower To Your Bathroom?
If you are thinking of remodeling your bathroom and redoing or adding showers to them, consider all of your choices. The age we live in has allowed us many choices in what we want in our homes. We can choose from high end, high quality items to...
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Before Selling Your Home
Here are some important steps you should take before you put your house on the market:
1. Home Loan Approval for your next Home
You don’t want to be signing a contract to sell your house before knowing if you are qualified to buy another. Your financial circumstances may have changed since your last purchase and you may not qualify for the loan amount you seek. You’ll get a good idea of what you can afford by getting a pre-approval before selling your house. You may then take the decision of whether or not it would be reasonable to sell your house at this point of time or maybe consider renting something after selling the house instead of readily buying another.
2. Determine Fair Market Value of your House
You’d want to get the best price off your property and in the quickest time possible. However, over-pricing your home will only limit your chances of selling fast and under-pricing may speed up the process but you lose out in the bargain. An agent or an appraisal service should be able to assist in determining the fair market value of your home. Another way is judging by how much other houses in your neighborhood sold for. Irrespective of the method, one must be used to determine the true and best value of your home to ensure it’s sold in quickest time possible.
3. Estimate Cost of
Selling
- Advertising costs, if you plan to sell home yourself.
- Real estate commissions.
- Attorney, closing agent and other professional fees.
- Excise tax for the sale.
- Property taxes, home owner association fees, and fuel tank rentals.
4. Make Necessary Repairs
You don’t want to put off a buyer because of minor repairs which you haven’t attended to so far. If you’ve decided to sell your house, it’s time to finish with any pending repairs you may have felt minor and unnecessary to fix up till this point of time.
5. Get the House Ready to Show
Apart from repair work, you’ll also want to see that your house is sparkling clean and everything is organized and in it’s place when a buyer comes to see your place. A clutter-free environment is essential if you want the house to appeal to the buyer.
About The Author
Sameer S Panjwani is the CEO and Founder of ChoiceOfHomes.com - A Real Estate Portal for Home Buying, Home Selling and Home Renting. The website is a useful resource of Home Listings, Articles and Information related to real estate. Website url: http://www.choiceofhomes.com
sameer@choiceofhomes.com
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