For Sellers
-
Should I even bother selling in today's market?If it is time to move then yes move forward and have a strategic plan of action; priced right, exceptional condition and plenty of patience. Successful people don't try to deny reality they work with it to help accomplish their gosls.
-
I own a home now so do I have to still get financing set-up in advance for our next purchase?Yes, select a reputable lender, I recommend banker's Trust, Yvonne Silvers 515-222-2005. The finance options and regulations are changing daily. You'll want a guide to help you select the best options for your budget and timetable.
-
I want to limit showings to afternooons and Saturdays. Can that be worked out?Certainly, you are in control however in today's market I will advise you to accomodate every showing. You have competitionn so if you aren't available you are "off the market" and they may not come back.
-
My assessed value is higher than the recommended price. That doesn't seem right.Every home has 3 values.
1. Assessed value for your property tax value.
2. Appraised value is based on recent comparable sales and based on one person "the appraisers" opinion.
3. Market value - what today's buyer sees as value given the competitive homes they could also purchase.
If not priced properly you'll know quickly due to lack of showings or interest, no offers or low offers. -
What if after we agree on the offer it doesn't appraise at the offer price?You have two options lower the sales price to meet the appraised value or void the offer.
The buyer also has two options. Pay the higher price by making up the difference between the appraised value and offer price or void the offer. -
I don't want to sell our home until we purchase the next home.You have two choices.
1.Find the next home and write a subject-to-sale offer. Understand you can still loose the new home if another buyer offers without the contingency.
2. You can also list your home and accept an offer subject to finding a home of choice. -
I think I want to make a change but I am afraid of losing money?Try not to make decisions without proper information. Start by having a comparable market analysis completed on your home. This should compare similar properties recently sold to your home and give you a price comparison. An estimate of proceeds will give you a detailed estimate on the costs involved in selling your home in today's market. One suggestion, do not base the estimate on a full price offer assume a 3-5% reduction. Now you have a realistic half of the picture. What you net from the sale of the home is just one half of the story. Sometimes we need to more fully understand what are the advantages of buying in today's market as well to complete the picture.
Try not to let fear of loss control your decision make informed choices.
Call or email today.
Sharon Klaus
sklaus@att.net
515-771-6352
