You've got your buyer, you've entered into a contract and you're well on your way to selling your home. Then, all of a sudden, things take a turn. The momentum is broken and it all begins to.
5 Things Home Sellers Need To Know
1. KNOW YOUR PAYOFF
In order to understand your financial position when selling your home, you need to have clear picture of your equity.
Call your mortgage company and request a payoff amount for a 60 day closing. Also, be sure to ask if you have a pre-payment penalty.
2. KNOW YOUR CLOSING COSTS
Besides your payoff and real estate fees, ask for an estimated Closing Disclosure. Often Sellers forget prorated taxes, HOA fees and title fees when figuring their net from a home sale.
3. GET YOUR HOME IN TOP CONDITION
Buyers over estimate the cost of repairs when viewing homes and reviewing an inspection report. This can cause slow results getting a contract and hit your bottom line harder when it come time to negotiate repairs. Work on getting all repairs done and all those projects you've been putting off. Hire a professional landscaper or lawn service to take the heat off you during the home preparation period.
4. GET A MARKET ANALYSIS
Knowing your estimated sales price with your homes particular features will help you make better decisions and come onto the market at the best time.
An agent will look at many things, but primarily your square footage, amenities, condition, location to compare with comparable properties. Knowing the amount of inventory in your area and market is something we calculate and share with Sellers.
5. UTILITIES & INSURANCE
Do not forget to turn off or transfer your utilities through the day of closing. Call your insurance agent too. Remember to extend if closing is moved.
Selling a home can be stressful, but we are here to make it as easy as possible, walking you through each step. We know you are busy living life. This is our lives and we want to do our best for you.
For a complimentary Market Analysis, give us a call or text to 817-312-5621 with your address and name.
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