How Do I Set The Price On My House?

 

How Do I Set The Price On My House?

While this video simplifies things to help you, remember:

Your aim is to get the best price AND terms in your market during the period you’re selling.

Market conditions interest rates and competition all matter.

The price you want, and the price a buyer will pay are framed by those complex conditions

So pricing isn’t completely predictable.

But if you price it right, you’ll be handing over the keys soon to your buyer!

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How Do I Set The Price On My House?

Buyer’s consider these important factors:

  • How your home compares to other homes for the same buyers
  • The inventory of homes and the level of buyer demand

Your needs also affect negotiations – for example, if you must sell quickly – but the final price will be determined by the market not by your needs.

Buyers look at the same comparables and market conditions and they want to pay as little as possible while meeting their needs.

Remember that the price isn’t the entire deal – repairs, closing, points, appliances and other factors can all change the value you finally receive.

Listen to your broker, stay informed, be patient if you can and make your best reasonable, unemotional decisions.

If you need more tips on selling your home, please don’t hesitate to call us at First Title & Abstract, Inc. We’re more than just the best title company in Naples and Marco Island! We’re your trusted advisor through every step of the transaction.

At First Title & Abstract, we believe in “Putting You FIRST!”

What Does The Closing Process Involve When I Sell?

 

What Does The Closing Process Involve When I Sell?

We wanted to take a break from our blogging posts about the mortgage process which fundamentally educates our buyers, and offer something of interest to the sellers we serve.

As this video explains, a signed sales contract doesn’t mean your house is sold. There are still financial, contractual and legal steps for both sides.

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What Does The Closing Process Involve When I Sell?

The buyer has to get financing to meet the contract terms – which includes credit checks.

The property is inspected and appraised; title insurance and escrow accounts are set up. And you are working on locating new housing, packing, and preparing to move.

One of the most important obligations for sellers is to cooperate with the title company to clear any title issues, and to assist with obtaining association estoppels, and mortgage payoff information.

Of equal importance, is addressing all obligations under the contract, such as providing a prior owner’s title policy, maintaining the property in good condition, and taking care of any obligations which come up during the inspections, such as painting or repairs.

After the contract is signed, it can take a month or more of undertaking these steps to get ready for closing.

A good seller leaves the property in the condition they would want to take it if they were buying, and nothing breeds good will more than taking such an attitude.

If you need help preparing for closing, please count on us. We are the title company that believes in “Putting You FIRST!”

Non other title company in Naples or Marco Island will go the extra mile like we will … we want to exceed your expectations and make your sale easy and hassle-free.

Please call upon us to assist you, and if you wish to be represented separately in your closing, please contact us. Our real estate attorneys and title attorneys at Woodward, Pires & Lombardo, P.A. can handle seller-side only representation.

So please plan on being amazed at our service. We’re here for you!