Here are seven signs you're ready to sell your house: 1. You've got equity on your side. Figuring out how much equity you have may sound complicated, but the math is actually simple. 2. You're out of debt with cash in the bank. Start by taking a hard look at your finances. If you've paid off all your non mortgage debt and have three to six months of expenses in your emergency fund, that's a...
A home warranty can help you prepare for the worst during the chaotic period of selling your home — whether itʼs the water heater or refrigerator that goes down the drain. With a policy in place, instead of panicking, you can simply call your provider. Plus, home warranties can be used as marketing incentives to attract buyers and provide a little extra peace of mind. Here are 10 key...
You might be so focused on getting a new home that you prioritize buying one before selling your current home. If this means youʼll pile a second mortgage on your back, you definitely shouldnʼt buy before you sell. Sure, buying a new home before selling your current home would make it easier to move. You wouldnʼt have to worry about where to store your stuff or where to stay. But an easier move...
There are many reasons why people sell their homes ranging from personal relationships to physical surroundings. Here are common reasons why people sell their homes: Home-Related Reasons: The Home is Too Small- Increased family size is a common rationale for why people sell their homes. The Home Doesn't Meet Their Needs- Maybe they thought they could get by without a front yard, but...
Assessed Value VS Market Value. Assessed value is not the same as market value or appraised value. There are many homes that could be sold for significantly more than an assessed value and others that maybe sold for significantly less. The assessed value of a home is used for the purpose of taxes in your local municipality. The assessed value of a home is multiplied by the local tax rate to...
Now that you're ready to sell, make sure you're working with a knowledgeable real estate agent. We know everybody loves saving money and, at first, listing your house as yard sign with word For-Sale By-Owner (FSBO) to save on agent commissions can seem like a way to do just that. But here are some ways taking your home sale into your own hands could cost you big time! Why Not Sell Your Home by...
So your offer has been accepted. So now what's the next step? Once your offer has been accepted, it's time to open up escrow. They will work with the title company, which can also be your escrow company, to make sure the property has clear title, meaning that there's no outstanding liens on the home and also that the home is actually owned by the seller and can be sold to you. If you're...
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