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Home Selling Tips
Home Selling Tips & Resources
Selling your home can be a long and complicated ordeal. Selling or buying a home is probably the biggest financial transaction of your life, and as such, takes careful consideration.
To assist you in this process, McGee Lane Self Storage is pleased to provide comprehensive online home selling tips and information. Whether a first time home seller, or someone who has gone through this process before, if you have any other questions regarding the sale of your home, please contact us today.
Selling a home can have a major impact on your federal and state tax returns. You should check with your tax consultant on how these factors can effect your specific tax status, and to do any tax planning that may decrease the tax liability caused by the sale of your home.
Be sure to ask your real estate agent to go over the standard contract with you before you receive or make a purchase offer. That way, you'll know what to expect and be prepared to negotiate the best deal you can get.
Your home is in escrow, and the buyer has scheduled a home inspection. Should you be worried about what the inspector might find? The answer depends, of course, on the condition of your home and how well you've maintained its major components over the years. Regardless of what the inspector may uncover, however, you shouldn't be overly concerned about the actual home inspection, especially if you have already had an inspection performed to help you prepare for the sale.
In many of today's strong real estate markets, home sellers can expect to receive multiple offers for their home. Multiple offers are a classic example of economic realities because they appear when the supply of homes for sale is limited and the demand for good-condition homes is strong.
Naturally, you want to get top dollar for your home. But, you don’t want to scare off potential home buyers with a price that’s set too high. Setting an artificially high price may cause your property to languish on the market for months. Reducing your asking price later on may lead buyers to wonder if there is something wrong with your home.
There are many small cosmetic touches that can increase your home's value by thousands of dollars. Improve your home's "curb appeal" by adding a row of flowers to the walkway, trimming the shrubs and painting, even if it's just the side of the house that shows from the street or the front door.
What can you do to the way your home looks from the street to attract potential buyers? Would a bit of touch-up paint add dollars to the sale? What about the garden? Is the lawn in order and neatly edged? Are trees and bushes neatly pruned? Are flowers in bloom? If not, it may be time for a garden upgrade. Adding colorful annuals to the front garden will make a big difference. Remember, creating curb appeal will add dollars to your house's final selling price.
Do you want a quick, hassle-free sale to get out of the home only what you put into it? Or, are you willing to take the necessary time and effort to get the highest possible price? What will your housing arrangement be once you sell? Keep in mind that some buyers will be looking to close in a matter of weeks - will you be ready?. Timing your home sale with the purchase of your next home may reduce your options and flexibility about the closing.
While home buyers often work with a realtor without a written real estate listing contract, this is not the case with realtors and sellers. When your home is listed by a realtor, written contracts are the rule, not the exception. This listing agreement is a binding legal contract should be read carefully and understand thoroughly before you sign.