LOS ANGELES CALIFORNIA LISTING AGENTS – SELL MY HOUSE IN LOS ANGELES CA

LOS ANGELES CALIFORNIA LISTING AGENTS – SELL MY HOUSE IN LOS ANGELES CA

So you’ve decided to sell your house in Los Angeles California. There are many factors to consider when entering into such a transaction. First, in tumultuous times like these, you must first determine what type of sale you will need.

Are you selling a Los Angeles property with equity?

In another words, do you owe less than what the property is worth? If so you will be conducting a standard Los Angeles real estate sale. This type of sale obviously is the best scenario because you should come out of the deal with a margin between the sales price and any money owed on the Los Angeles CA home, minus the cost of sale.

Do you owe more on your Los Angeles House than it’s worth?

Like many Americans, the real estate market has put severe strains on the dream of home ownership. If you owe more on your Los Angeles California home than it’s worth, you may be able to conduct a short sale. A short sale can relieve you of your mortgage burden without destroying your credit and your financial future. Many distressed Los Angeles homeowners are short selling their properties.

Find a Los Angeles CA real estate agent you’re comfortable with.

This is a two-sided process. You must find a REALTOR whom you feel comfortable executing this important transaction, but you must also find a competent Los Angeles agent. Just like any profession, some agents are good, and some are bad. A good agent can make your home sale less difficult and complete it successfully. A bad and incompetent agent can really cause you and the sale a lot of grief, and the sale may not be successful.

Prepare the Los Angeles home for the sale process.

Unfortunately, many Los Angeles home sellers miss this simple step. A home will sell better if it is cleaned up and as free as possible of any damage. Would you sell your car without washing it first? Of course not. So when you’re selling your Los Angeles house, make sure the landscaping is maintained, any repairable damage is completed, and above all, clean. Dispose of any junk or other trash in the property, or on the premises. Another easy thing to do is to de-clutter the house. An open and brightly-lit home will be more appealing and have a better chance of selling.

You’ve received an offer, but now what?

Negotiations are one of the most intense processes of a Los Angeles home sale. You want to ask for what you feel the property is worth, but you also don’t want to scare away your buyer. Know your goal. If you don’t know what your bottom line is, it will be much harder to achieve a good sale. There are many factors to consider other than just the sale price. What other personal property will be included in the sale? Who will pay for closing costs? How will escrow and other fess be split? What will the time-line of the escrow be? And referring back to choosing the right agent, make sure your real estate agent can handle negotiations effectively.

After an agreement has been made, the sale will go to escrow. Inspections, contingencies and other processes of the sale will be executed before escrow can close, and all monies will be dispersed.

Of course this article is a simplified breakdown of the Los Angeles California Home sale process, but hopefully it can point you in the right direction to get started. If you need help figuring out the rest, call us anytime. We’re always here to answer your questions and provide any help you need. Call us now at (888) 9-List-It. That number is (888) 954-7848.

 

GARRIGUS REAL ESTATE
Foreclosure Agent/REALTOR & Short Sale Specialists
SERVING RIVERSIDE & SAN BERNARDINO COUNTIES
Coldwell Banker Kivett-Teeters Associates

GarrigusRealEstate@yahoo.com
www.GarrigusRealEstate.com  <--- Check out our website for useful info and tools!
Devona Garrigus / DRE License # 01844441

IMPORTANT DISCLOSURE in compliance with the FEDERAL TRADE COMMISSION ("FTC") MORTGAGE ASSISTANCE RELIEF SERVICE ("MARS"): Before using this service, consider the following information - Coldwell Banker Kivett-Teeters Associates are not associated with the government and our services are not approved by the government. Seller acknowledges that the Broker/Agent is not qualified to provide financial, legal or tax advice regarding short sale transactions. Therefore, the seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement with their lender/servicer. If you stop paying your mortgage, you could lose your home and damage your credit rating.