Sellers Your Home's Value
General Information
The appearance of your home, a buyer's first impression, and other considerations can also affect the sale of your home. Have you considered that home prices in your neighborhood and the value of your property are also factors used for pricing your home? When selling your home, there are no guarantees that a buyer will simply walk through the front door. In many cases you may have to bring your home to the buyer. Effective marketing will help ensure that your property receives maximum exposure to attract a ready, willing and able buyer.
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Comparative Market Analysis or CMA
A CMA is a report prepared by a real estate agent providing data comparing your property to similar properties in the marketplace.
The first thing an agent will need to do to provide you with a CMA is to inspect your property. Generally, this inspection won't be overly detailed, nor does the house need to be totally cleaned up and ready for an open house. It should be in such a condition that the agent will be able to make an accurate assessment of its condition and worth. If you plan to make changes before selling, inform......READ MORE.
The first thing an agent will need to do to provide you with a CMA is to inspect your property. Generally, this inspection won't be overly detailed, nor does the house need to be totally cleaned up and ready for an open house. It should be in such a condition that the agent will be able to make an accurate assessment of its condition and worth. If you plan to make changes before selling, inform......READ MORE.
The Complete Short Sale Process
Definition: A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed.
Example:
If the unpaid balance of a loan is, say $200,000 and the property sells for $120,000 under a short sale the lender might accept $120,000 as payment in full.
Banks grant short sales for 2 reasons: the seller has a hardship, and the seller owes more on the mortgage than the home is worth........READ MORE
Example:
If the unpaid balance of a loan is, say $200,000 and the property sells for $120,000 under a short sale the lender might accept $120,000 as payment in full.
Banks grant short sales for 2 reasons: the seller has a hardship, and the seller owes more on the mortgage than the home is worth........READ MORE
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Negotiating with Sellers | Getting the Best Rates | Types of Mortgages | Opening Escrow | Arms Length |
Short Sale Process | Competitive Market Analysis | BPO | PSA | Contact Us | Blog |