What Is Required to Sell My Own House?
Selling your own home is not for the faint of heart. There's the staging, the marketing and the pricing, all to obtain potential buyers. Then there's the offer, contract, inspections and title company to manage. You'll deserve any "extra" money you obtain.
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Preparing to Sell
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Good prep work includes reviewing all the necessary forms and processes in your state, probably with your attorney, deciding on a title company, preparing your home for sale and creating a marketing plan. Next, you'll have to make the most important decision: setting the price.
Handling the Prospective Buyers
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Potential buyers will contact you, then wander through the home, which should be clutter-free and sparkling; be ready to accept people both with and without agents and to accept comments politely. Be ready to manage an offer; it can happen at any time.
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Closing the Deal
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The "For Sale by Owner Handbook" outlines how once you've accepted an offer -- in writing -- you need to work with a title company to set up a closing. They will manage the details related to the final documents. But before the actual closing, the offer may require inspections and possibly some repairs. Check in with the buyer that any loan requirements are in process. Meanwhile, get ready to move.
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References
Resources
- Photo Credit For Sale By Owner sign image by Edward Stephens from Fotolia.com
