An important element that FSBO sellers often misunderstand is the difference between having a mortgage “prequalification” or a “preapproval.” Let’s dig into what these two words mean.
This guide will help walk buyers and sellers through the many details of the home closing process and the costs that are associated.
From accepting an offer to signing on the dotted line, here is a step-by-step guide to closing on your home sale.
Gain insights on how to navigate the process of buying a new home while selling your current one. This article provides valuable advice for sellers in the real estate market.
Selling your home can have tax implications that you need to be aware of and plan for. Depending on your situation, you may have to pay taxes on the profit you make from selling your home, or you may qualify for an exclusion that can reduce or eliminate your tax liability. Here are some factors that affect whether you have to pay taxes when you sell your home and how much you have to pay.
Selling your home by yourself can be a rewarding and profitable experience, as you can save money on commissions, have more control over the selling process, and learn new skills. But selling by yourself also requires some work, preparation, and tools. You need to know how to be a DIY home seller and what steps to take to succeed. Here are five ways to be a DIY home seller and what they entail.
Seller financing is an alternative way of financing a home purchase that involves the seller acting as the lender and offering a loan to the buyer. This can be beneficial for both parties, as it can offer more flexibility, lower costs, faster closing, and higher returns. But it also comes with some risks and responsibilities that need to be considered carefully. Here’s what you need to know about seller financing.
Before you start looking for a new home, you need to assess your financial position and determine how much you can afford to spend on a home purchase. Your financial position includes your income, expenses, assets, liabilities, credit score, and savings. Your financial position will affect your mortgage options, interest rates, down payment, closing costs, and monthly payments. Here’s why financial position comes first and how to improve it.
Here’s how to price your home right, right from the start.
As you move through the home sale negotiating process, is it better to negotiate online or in-person?
Want to sell your for sale by owner home quickly and for the highest price? Learn how to navigate the world of buyer’s agents.
Negotiating house price is one of the most crucial and challenging aspects of buying or selling a home. Negotiating house price can help you get the best deal possible, whether you are a buyer or a seller. But negotiating house price also requires some skills, strategies, and tactics that can make or break the deal. Here’s the ultimate guide to negotiating house price that covers everything you need to know from preparation to closing.
Unveiling the Art of Expert Negotiation in Real Estate. Elevate your deal-making game with proven strategies from ForSaleByOwner. From property sales to purchases, master the techniques that pave the way for success. Discover how to navigate complex negotiations with confidence. Your path to real estate prowess starts here.
Here’s what you need to know about the extra costs associated with the home buying process and which party is generally responsible for each.
Got an offer? Great. Now it’s time to negotiate with the buyer to reach a deal that will make you both happy. Here are five ways to be professional and prepared in your discussions.
Be ready and prepared when you are selling your home for sale by owner. Here are some ways to prepare for, and what do do when negotiating an offer.
Selling your home by yourself can be a rewarding and profitable experience, as you can save money on commissions, have more control over the selling process, and learn new skills. But selling by yourself also requires some work, preparation, and tools. You need to know how to be a DIY home seller and what steps to take to succeed. Here are five ways to be a DIY home seller and what they entail.
Follow these three steps to negotiating a successful home sale.
One of the first factors you need to consider before you enter into negotiations with a buyer who has made an offer is what price you are willing to settle for at the low end of your home sale price.
Before you begin to negotiate your home sale, follow these steps to be fully prepared.
If you’re thinking of selling your home in the next few weeks or months, making minor improvements before going to market can help you get the best price.
Home buyers are looking for a house that stands out to them and that they want to make theirs. These eco-friendly home improvements will not only help your home be energy efficient, but will also catch the eyes of potential home buyers.
Here are some ideas for smart, eco features you can add to your home to turn it into the dream house for today’s buyer.
Arranging your furniture and accessories is one of the simplest and most effective ways to stage your home for sale. Arranging your furniture and accessories can create a sense of space, flow, and function in your rooms. It can also showcase your home’s best features and create a welcoming atmosphere for buyers. Here’s a surprisingly simple arrangement that home buyers love and how to implement it in your living room.
As you begin to prepare your home for sale, staging every square inch of your home can seem like a challenge, especially if you’re concerned about your budget and time. By focusing first on the most important areas to stage for a home sale you can impress buyers and maximize your budget while keeping your expenses down.
Foundation cracks are one of the most common and serious problems that can affect your home. Foundation cracks can indicate structural damage, water intrusion, soil movement, or pest infestation. Foundation cracks can also lower the value of your home and scare away potential buyers. Here’s how cracks in your foundation can derail a home sale and what you can do to fix them.
Are you trying to decide what to do with a home while going through a divorce? This can be a stressful situation, but these tips should help.
It’s hard to believe fall is already here. As the seasons change so does the real estate market and it’s important to embrace these changes throughout your home to capture every buyer opportunity before the winter slump. If you’re looking to sell your home before year’s end, follow these simple exterior and interior tips to stage your home for the fall season.
These simple tips for staging your home for fall will help home buyers fall even more in love with your house.
As a home stager, the number one question I’m asked on a daily basis is, “How much will it cost to stage my home?” While every home is unique and the cost depends on how much it takes to get your home “show ready”, the truth is that you can’t afford not to stage your home. Here’s why.
By overcoming these home staging myths you can make your home more appealing to buyers, which will help you sell faster and closer to the price you want.
Home tours are one of the most effective ways to showcase your home to potential buyers and generate interest and offers. Home tours usually take place during regular business hours or weekends, when most buyers are available and willing to visit homes. But sometimes, you may need to take home tours during off-hours, such as evenings or holidays, due to various reasons, such as buyer availability, market conditions, or personal convenience. Here’s a guide on how to take home tours during off-hours and what tips to follow.
Pricing your house correctly is one of the most important steps in selling your house. Pricing your house too high or too low can have negative consequences for your sale, such as losing money, time, or buyers. You want to price your house to sell quickly and for the best price possible, but how do you do that? Here are some tips on how to price your house to sell and what factors to consider.
Selling land without a real estate agent, called selling land by owner, can be a challenge. But with a little research and work, you can save quite a bit of money. And for many, the cost savings is worth it.
Getting an accurate valuation of your home is one of the most important steps in selling your home. An accurate valuation can help you price your home correctly, attract more buyers, and negotiate better terms. An inaccurate valuation can lead to overpricing or underpricing your home, which can result in losing money, time, or opportunities. In part 1 of this series, we discussed some of the methods and tools you can use to get an accurate valuation of your home. In part 2, we will discuss some of the factors and variables that can affect your home’s value and how to account for them.
Selling your home can be a stressful and emotional experience, especially if you are doing it for the first time. You want to sell your home quickly and for the best price possible, but you also want to avoid making any mistakes that can cost you money, time, or opportunities. The biggest mistake home sellers make is overpricing their home, which can have negative consequences for the entire selling process. Here’s why overpricing your home is the biggest mistake you can make and how to avoid it.
A lot goes into selling your home on your own. Here are some tips to market your home and sell it for sale by owner.
Buying and selling a home at the same time can be complicated. While you can’t control the entire process, there are some general things you can do to make it as smooth as possible.
“Appraisals,” “comps,” “CMAs” – keeping up with the latest real estate lingo can seem intimidating. But if you’re interested in the home selling process, you should understand what a comparative market analysis, or a CMA, is.
A by-the-numbers guide to price a home.
Learn how to price your home for a quick and profitable sale. This article provides valuable tips on market analysis and setting an attractive asking price.
Selling your home for market value is one of the most important goals you should have as a seller. Market value is the price that buyers are willing to pay for your home based on its condition, location, features, and demand. Selling your home for market value can help you sell your home faster and for more money. But how do you make sure you’re selling your home for market value? Here are some tips on how to determine and increase your home’s market value and how to price it correctly.
The new year is a perfect time to set some goals and make some changes in your life. If one of your goals is to sell your home on your own and save thousands of dollars in commissions, you need to make some resolutions that can help you achieve it. Here are five new year’s resolutions to sell your home on your own and what they entail.
Selling your home is one of the biggest financial decisions you will ever make. You have two main options when it comes to selling your home: hiring a real estate agent or doing it yourself (for sale by owner). Both options have pros and cons that you need to weigh carefully before making a choice. Here are some of the advantages and disadvantages of hiring a real estate agent vs selling by owner and what factors to consider when deciding which option is best for you.
If you’re thinking of selling your home in the next few weeks or months, making minor improvements before going to market can help you get the best price.
Here are some ideas for smart, eco features you can add to your home to turn it into the dream house for today’s buyer.
Are you trying to decide what to do with a home while going through a divorce? This can be a stressful situation, but these tips should help.
It’s hard to believe fall is already here. As the seasons change so does the real estate market and it’s important to embrace these changes throughout your home to capture every buyer opportunity before the winter slump. If you’re looking to sell your home before year’s end, follow these simple exterior and interior tips to stage your home for the fall season.
These simple tips for staging your home for fall will help home buyers fall even more in love with your house.
Spring is the peak season for home selling, as more buyers are looking for a new place to call home. If you want to sell your home this spring, you need to prepare it well and make it stand out from the competition. Here are five steps to prep your home for the selling season and attract more offers.
Home tours are one of the most effective ways to showcase your home to potential buyers and generate interest and offers. Home tours usually take place during regular business hours or weekends, when most buyers are available and willing to visit homes. But sometimes, you may need to take home tours during off-hours, such as evenings or holidays, due to various reasons, such as buyer availability, market conditions, or personal convenience. Here’s a guide on how to take home tours during off-hours and what tips to follow.
If you find that you’re making these home selling mistakes, don’t fret. There are plenty of things you can do to overcome these common obstacles.
Words are powerful tools that can influence buyers’ perception of your home and their decision to buy it. Words can create a positive or negative impression, evoke emotions, and trigger actions. You want to use words that sell when you are writing your listing description, marketing materials, or communication with buyers. Words that sell are words that highlight your home’s best features, benefits, and value. Here are some examples of words that sell and how to use them.
Decided to sell your house for sale by owner (FSBO)? While selling your home on your own can save you a ton of dough in the right circumstances, it also can be incredibly overwhelming at times. Here are some ways to stay organized, relieve stress and come through the process successfully.
Selling your home FSBO can be a great way to save money if done properly. Here are seven reasons why people fail when listing their home FSBO and how to avoid making these mistakes yourself.