Seller FAQ's

I'm ready to sell BUT what should I list my home for?

 

There are many factors that affect the list price of a home: location, condition, amenities, supply and demand, and local and global market conditions. I will assist you by providing a thorough market analysis of your home so that you'll be able to arrive at a realistic, competitive price.

What is the Property Condition Disclosure Form? 
Most sellers of single- and multi-family residential homes are required to provide potential buyers with a completed and signed property condition disclosure form.

A Buyer Presented an Offer…Now What? 
When an offer is presented, I will advise and help you to obtain the best possible price and terms. Understanding the standard forms and the many transaction issues is key to negotiating the best terms for you. Making sure buyers are pre-qualified is of utmost importance in negotiating a successful sale. I will promote your interests and assist in developing a clear and binding transaction.

Typically an offer is initiated by the buyer through his or her Sales Associate and includes the following information: The amount the buyer is willing to pay, Mortgage amount, if any, Closing and occupancy dates. Contingencies, such as mortgage commitment, building inspections and pest inspections to include where appropriate (but not limited to): termite, pest, radon, water potability, well, lead, septic, oil tank. Any personal property specifically included or excluded

If the offer is not acceptable to you, further negotiations may be necessary to reach terms agreeable to both you and the buyer. Because counter-offers are common (any change in the offer can be considered a counter-offer), it is important that we remain in close contact during the negotiation process so that proposed changes can be reviewed and responded to quickly.

You have an Acceptable Offer…Now What?
Down payments, home inspections, contingency dates, etc. vary from contract to contract. I will keep you informed about any actions required on your part. Close attention to buyer and seller obligations and deadlines is critical at this stage!

What Happens Between Contract and Closing? 
Throughout the transaction, we will closely monitor the progress of all contingencies to make certain that all deadlines are met. On the day of closing, the buyer will have a “final walkthrough” to verify that the home is vacant and is in “move in” condition.

What to expect at the Closing?
The closing is a formal process where all parties sign all of the necessary paperwork needed to complete the transaction. Title to the property is transferred from you to the buyer. The buyer receives the house keys and you receive payment for the house! From the amount credited to you, the title representative subtracts the funds to pay off the existing mortgage(s) and other transaction costs. Deeds, loan papers, and other documents are prepared, signed and ultimately filed with local county recorder's office.

*PLEASE NOTE: The home selling process may vary from state to state and within state regions.

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