Seller Resources
Thinking About Selling Your Home?
We are experts in the local market and will guide you through the entire process of selling your property from listing to sale. Our marketing plans assure your property maximum exposure and we pride ourselves on personal service. We encourage you to contact our office with your questions and to discuss your individual needs.
Selling Your Home – Short Sales
When does foreclosure begin?Lenders will initiate foreclosure proceedings when borrowers become delinquent in their mortgage obligations, usually after three payments are missed. The lender will then notify the borrower in writing that he or she is in default. The...
Selling Your Home – Selling at a Loss
Can a home seller sell a home for less than its mortgage?Yes, in some case you can sell your home for less than what you still owe on the mortgage, but this is complicated and depends on the lender. This situation is known as a "short sale." Sometimes a lender will be...
Selling Your Home – Seller Financing
What is seller financing?Seller financing is when a seller helps to finance a real estate transaction by taking back a second note, or even financing the entire purchase if the seller owns the home free and clear. Usually sellers do this when a buyer has difficulty...
Selling Your Home – Pricing the House to Sell
What is the difference between list and sales prices?The list price is how much a house is advertised for and is usually only an estimate of what a seller would like to get for the property. The sales price is the amount a property actually sells for. It may be the...
Selling Your Home – Negotiating
Is there a secret to good negotiating?There are several cardinal rules to negotiating effectively. One is do your homework, and learn as much about the seller or the buyer as you can. Another is to play your cards close to your vest and not reveal too much information...
Selling Your Home – Disclosure
Whose obligation is it to disclose pertinent information about a property?In most states, it is the seller, but obligations to disclose information about a property vary. Under the strictest laws, you and your agent, if you have one, are required to disclose all facts...
Selling Your Home – Common Q&A; About Selling Your Home
Should I add on or buy a bigger home?Consider these questions before making a choice between adding on to an existing home or moving up in the market to a bigger house:* How much money is available, either from cash reserves or through a home improvement loan, to...
Selling Your Home – Appraisals And Market Value
Selling Your Home - Appraisals & Market ValueWhat is the difference between market value and appraised value?The appraised value of a house is a certified appraiser's opinion of the worth of a home at a given point in time. Lenders require appraisals as part of...