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March 19th, 2015 at 12:00 pm

How to prepare your home for sale

In the real estate business, spring is the busiest time of year. If you’re considering selling your home this spring, now is the time to start preparing. Don’t wait to get ready. Some of these projects will not only get you ready ahead of time for a home sale, but will also help you spring-clean, and get your home feeling fresh and new.

  1. Home inspection

Start off with a home inspection. Although the last thing you may want to do right now is spend additional money, getting a home inspection can help you evaluate the condition of your home. An inspection will tell you about any issues within your home, both big and small. This knowledge can prepare you for your first meeting with your real estate agent and help you determine the listing price of your home.

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February 26th, 2015 at 2:00 pm

Home appraisal process

Most buyers and sellers know a home appraisal is required as part of a real estate transaction. Not all of them realize, however, that the appraisal’s results pretty much run the show. The only exception is an all-cash deal.

An appraisal is an unbiased professional opinion of a home’s worth. In all 50 states, home appraisers are required by law to be licensed or certified. Each appraisal encompasses a variety of factors. Typical data for a single-family home include recent sale prices of similar properties nearby, amenities, square footage, number of bedrooms and bathrooms, floorplans, and condition of the property’s interior and exterior. Proximity to transportation and the community’s school district might even be factored in. Appraisers consider these and other information to determine the home’s fair-market value.
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February 5th, 2015 at 2:00 pm

Choosing the best home offer

When it comes to selling your house, everyone hopes they’ll receive an offer they simply can’t refuse. However, the reality for most sellers is that the process requires a bit more negotiating. As a seller, you may receive some offers that just don’t meet your requirements, but there may be other offers that you can eventually accept with a bit more negotiation.

So how do you choose the best offer?
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October 21st, 2014 at 12:00 pm

Calculator-Loan

If you’re in the market to sell your home, you may have heard some talk of seller financing. Although this is a less common selling method, if you meet the criteria it could be a great opportunity. Seller financing takes place when an owner-financed deal is offered to the buyer. Terms of the loan can vary because it is an agreement between the buyer and the seller. Both the buyer and the seller should consult with legal representation before the sale is finalized to ensure both parties’ interests are protected. If you think seller financing may be for you, read our brief overview of pros and cons below.

Qualifications

  • The home must be owned by the seller or the seller must have cash to pay off the existing mortgage

Pros
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September 24th, 2014 at 10:00 am

Sunset

While there are many opinions about the state of the housing industry, one thing we know is that prices are on the rise in Southern California. According to DataQuick, spring 2014 saw housing in California jump to its highest level since 2008. Just a year ago, buyers looking to purchase in Southern California could get a good deal. Those levels are starting to even out, but if the trend continues and housing costs rise, buyers thinking about moving toCalifornia should look to make their move soon.
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