Bad idea or good idea to establish personal contact with people I sold my house to? |
| The sale was handled through real estate agents...all by the book. It was an "as is" sale and I disclosed all known structural defects and flaws. The buyers sent me a nice, biographical ... |
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Is now a good time to buy a house or should i wait a little more? |
| Hi, i live on San Francisco and we are trying to find a house around Oakland or Richmond, but we have a lot of people going on different direction, our realtor of course said the better than now we ... |
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What if you are trying to get a loan, but you don't have none of your old income tax returns? |
| because In recent years I was not planning on buying a house, but just up and decided to purchase a home, what or how can I prove that I have been working steadily for ... |
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Why are builders building all of these expensive houses people can't afford? |
| I live in a typical middle class town, however, for the past few years builders have been building all of these expensive, massive, monster homes that nobody can afford. Despite, the bid price tag, ... |
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We are thinking of buying a home? |
| We still need to get pre qualified first. My question is, would it be better to wait and get pre qualified after we are married or is it not going to make much of a difference. Because if it ... |
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My landlord has sent me a bill for heat we never asked him to supply in our rented home? |
| Suddenly this winter the kerosene guys delivered and filled our tank without us calling. At first we thought it was an accident becuase they left no bill. It happened a few more times and we then ... |
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Real estate question? |
| for example, if i was going to rent a house out to someone. where do i get the lease agreement from, and who do I consult if i want to add certain clauses.... |
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What is a reverse mortgage........? |
Additional Details What if the house is paid off.............. |
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Do I need homeowners insurance on a home i only plan to own for 2 months? |
| Im buying the home with cash and flipping it within about 2 months. So would i need homeowners at all? Policies usually are for one year i thought.... |
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What's better fixed or adjustable mortgage? |
can adjustable become fixed later? Additional Details Thanks everyone !! :) :)... |
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What is the housing market going to do? What is the best time to buy a home? |
We are looking to buy a new home (primary residence), but are anxious given the state of the housing market these days.
There is a house we are particularly interested in, but it is a ... |
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Do I have to pay an appraisal fee to Mortagae Co. even if I didn't purchase the house? |
| I was buying this house and left a check deposit of $1,000 to my real estate agent. We opened escrow and had the house inspected for pest. The report came back and I wasn't happy with the ... |
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Landlord trying to keep most of my security deposit. What can I do? I didn't take any pictures, regretfully. |
| Most of the deductions were already existing in the home or normal wear and tear. How am I supposed to prove this. Is hiring a lawyer going to cost me more than the $995 refund.... |
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tony n | How do I go about selling my house myself ie. without estate agents? |
Anybody got ideas about or experience of selling a house without using an estate agent. |
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coooooool g
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Its a lot of headache to sell on your own.But definitely it saves a lot on commission.But make sure that you are selling at the Right price.The pain of regret is more expensive than the cost of a mistake. |
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John T
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Usually the best to sell your house is through a real estate agent, the reason being is that they know how to market your porperty and they have more marketing tools at thier disposal. But if you want yo could go the a site called forsalebyowner.com and post open house signs around your area. |
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hunter2
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Study the market in your area. Determine the correct value of your home.
Clean and tidy your home. Secure all valueables. Declutter and then declutter again. Shampoo carpets, trim shrubs, wash windows, degrease the stove, scour the bathrooms.
Plant flowers in front and degrease the driveway.
Put a sign in the yard with a flyer container with attractive flyers listing your price, size, brms; baths, etc. several phone numbers.
Put an ad in the paper with all of the same.
when someone calls, prequalify them for the loan amount needed to buy your home once their amount of down payment has been deducted from the sales price. If they qualify. Then invite them over for a look.
Let them look at the house while you are standing just out of the front door. (see secure all valuables note at top)
When they come out say something fun like. Are you ready to pay me two and 1/2 times my price? No? ok did you like it? Have questions?
Answer all of their questions politely no matter how stupid you think that they are.
Of course you will need to be aware of all fair housing laws since you are fully subject to such laws whether you know them or not.
If they are ready to make an offer. Get out your contract and write down whatever offer they want to make. Take an earnest money check. Tell them you'll talk it over with yourself and get back to them tomorrow. Call them back the next day and continue negotiations. Come to an agreement and then rewrite the contract and get all signatures.
Open escrow with the title co deposit the check and complete the required paperwork and inspections. Be sure that they have a competent lender and are pre approved for the loan that they need. secure the financing and close the deal.
Somewhere in that time frame don't forget to go get a place to move to buy or rent or whatever, be out on the agreed upon day.
Best of luck, |
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chip2001
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I work in an estate agency and I often think I'd like to have a go at selling my own house when the time comes to move. But there's a lot to consider - especially with these HIPs packs coming in this year. Also, the estate agent is better placed to qualify your prospective buyer, you as an individual won't be able to check his financial credentials or speak to his solicitor, so it's probably best to get an agent in.
Tivodan - 6% commission from an agent to sell your house? You were robbed. We charge 1% +vat!! |
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frankie b
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If you have to ask, hire an agent. This is why we are professionals, we know what we are doing.
Good luck
RE Agent,
Remax |
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Taylor T
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Put the for sale by owner sign in your yard once you get an interested buyer for your property the next step will be to find a loan officer to get them pre-qualified for a loan on the property the buyer(s) and their real estate agent will have to agree on the sells price of the house, amount of closing cost you are willing to pay and other terms agreed on. If you know an real estate agent for a small fee($100-$300) depending on what they charge get them to write up the contract for you, or you can get the buyer(s)agent to write up the contract for you also for a small fee.Once the contract is written up and signed by all parties all you have to do then is wait on the loan officer to get the buyers loan into closing. The loan officer will set up a closing date which the buyers will sign the new the documentation of their new house you will close after the buyers and turn over the keys to the property a day or two later after the deal is closed you will get the money for selling your house. Good Luck!! |
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tivodan1116
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Statistics have shown that houses listed with real estate agents sell for 10-15% more than For Sale By Owner houses. Even when you factor in the agent's commission (usually 6%), you still come out ahead. I'd never do it without an agent. |
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Scott K
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Yea if you are in a hot market you could sometimes get away with just sticking a fsbo sign in the yard, in weaker markets you need to market the house, use web sites, newspapers, craigslist etc. offer incentives such as paying the buyers closing costs as you are saving thousands by having no agent involved |
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loladrewblue
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If you were being sued for a large amount of money would you go to court and defend yourself? If you had a $150,000 tax problem would you try to deal with it on your own, or would you hire a qualified accountant? Then why would you risk the biggest financial asset you have by selling it yourself?
Realtors have the knowledge and expertise to price a home correctly and navigate the intricate details of a contract.
The buyer will probably have representation, who will represent you? Should you be sued, ignorance of the law is not an excuse. Hire a Realtor. |
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