Prospective Buyers:
Keep a list of people's that have visited your house with their names and phone numbers. Concentrate your attention on those who seem serious about your property, as opposed to those who are just checking out the neighborhood or whiling away a Sunday afternoon. Make sure that you make follow up telephone calls to all those who seem seriously interested in your property.
Negotiation Time:
Leave your emotions behind when you enter negotiations. You never want to get angry or give away the fact that you're overly eager.
Paperwork:
A number of forms are required for the legal sale of your property. In addition, to the contract of purchase and any counteroffers it is necessary to review the contract carefully to determine when these forms/documents are due and what the buyer's rights are once they receive the document. The form and content of many of these documents are prescribed by state or federal law and must be adhered to in their entirety. The proper forms may be obtained from your local Board of Realtors, from an attorney, or from your real estate agent who is representing you.
Final Terms Of The Sale:
Buyer(s) need to come to an agreement (in writing) regarding the following:
- Price
- Inspection contingencies
- Financing terms
- Date of closing
- Date of possession
- It would be prudent for you to have an attorney review any and all contracts before the deal is finalized
Final Walk-Through:
When the buyer(s) is/are available, you need to schedule a final walk-through before you complete settlement in order to determine that the property being conveyed meets the expectations of all parties involved. Resolve any disputes before the transfer of title.
Moving Arrangement:
Unless you have already built or bought a new residence, you'll need to be the "buyer" for a new property while simultaneously being the "seller" for your current one. If possible, schedule both transactions to close at the same time, or else close your purchase shortly before closing your sale. You need to be moved out before the new owners take possession.
Words For Thought:
Real estate transactions can be a very stressful and overwhelming, these tips will help you in your process when selling your home; however, there a numerous complications and events that could take place in your real estate transaction. If you are unfamiliar with this transaction it is recommended that you seek the guidance of a local real estate expert. Trying to save a little money can turn out to be more expensive. Please seek a professional advice and educate yourself prior to conducting this large investment. In addition, you are alway FREE to "CALL ME".
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