Home Seller Helpful Links
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The following links should help during the selling process and with your next purchase. You will also find many helpful links including Lenders, Title Companies, Home Inspectors, Service Companies, etc. by clicking on my Community Links tab.
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Selling Homes - New Orleans, LA St. Tammany, Covington, & Mandeville, LA
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So you are thinking of selling your house in New Orleans, Metairie, Mandeville, Covington, Madisonville, Abita Springs, Folsom, Hammond, or Slidell, LA. Before you begin this process, you'll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale?
These home selling reports will assist you in answering the many questions that arise during the home selling process and help you determine a sales price that will have buyers writing offers in reasonable periods of time while getting you the most value the market will bear. If you want to sell your house, it is important to price it where it will sell. When you're armed with the right information, and an experienced real estate professional, you'll be closer to reaching your goal - selling your home fast, and for the best price.
If you are thinking of selling your home yourself, taking the FSBO or For Sale By Owner route, there is still some valuable information in these reports that will be valuable to you. If you would like information on your neighborhood prices or property nearby that has recently sold, let me know and I will gladly provide this information. There are many FSBO's that are successful taking on the challenges of selling their own home and there are many that give up and hire a Realtor. I want to be that Realtor! |
In the following free reports, you'll find valuable information and tips which will help you during the selling process. Let me know if I can be of assistance to you with the sale of your home.
List it! Market it! Sell it!
Please contact me if you have any questions about selling your home!
Below, select desired reports and complete the form provided.
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SELLERS - ITEMS TO CONSIDER
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Calculating Your Net Proceeds
When an offer comes in, you can accept it exactly as it stands, refuse it (seldom a useful response), or make a counter-offer to the buyers, with the changes you want. In evaluating a purchase offer, you should estimate the amount of cash you'll walk away with when the transaction is complete.
For example, when you're presented with two offers at once, you may discover you're better off accepting the one with the lower sale price, if the other asks you to pay points to the buyer's lending institution.
Once you have a specific proposal before you, calculating net proceeds becomes simple. From the proposed purchase price you can subtract:
Payoff amount on present mortgage;
Any other liens (equity loan, judgments);
Broker's commission;
Legal costs of selling (attorney, escrow agent);
Transfer taxes;
Unpaid property taxes and water bills;
If required by the contract: cost of survey, termite inspection, buyer's closing costs, repairs, etc.
Your present mortgage lender may maintain an escrow account into which you deposit money to be used for property tax bills and homeowners insurance premiums. In that case, remember that you will receive a refund of money left in that account, which will add to your proceeds.
Counteroffers
When you receive a purchase offer from a would-be buyer, remember that unless you accept it exactly as it stands, unconditionally, the buyer will be free to walk away. Any change you make in a counter-offer puts you at risk of losing that chance to sell.
Who pays for what items is often determined by local custom. You can, however, arrive at any agreement you and the buyers want about who pays for:
Termite inspection;
Survey;
Buyer's closing costs;
Points to the buyer's lender;
Buyer's broker;
Repairs required by the lender; and
Home Protection Policy.
TIP: You may feel some of these costs are none of your business, but many buyers, particularly first-timers, are short of cash. Helping them may be the best way to get your home sold.
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