Tips for Selling a House

Before Selling Your Home

Selling your home yourself can be complicated, consider these important steps before putting your home on the market:

  • Get approved for your next home loan.
    This is important because you want to know how much house you can afford before you put a contract on your next home. It will also help you determine how much you need to get out of the sale of your current home.
  • Setting your Price.
    One of the biggest mistakes for sale by owners make is over-pricing their home. You want to get the best price from your property and in the quickest time possible. However, over-pricing your home will only limit your chances of selling fast and under-pricing may speed up the process but you lose out in the bargain.
  • Find out how much it costs to sell. Make sure to factor in:
    • Advertising costs
    • Any real estate commissions
    • Attorney fees
    • Property taxes, home owner association fees, and fuel tank rentals.
      Use this Net Proceeds Calculator
  • Home Repair Costs
    You don’t want to put off a buyer because of minor repairs which you haven’t attended to so far. If you’ve decided to sell your house, it’s time to finish with any pending repairs you may have felt minor and unnecessary to fix up till this point of time.

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