Tag: Home Seller

Posted on 05/13/2022
How Sellers Can Reduce the Risk of Financing
Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....
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Posted on 09/17/2021
Average Costs for Remodeling a Home with Minor Upgrades
When you want to upgrade your home, you don’t have to do a bunch of big, costly changes. Minor upgrades allow you to give your home an updated appearance and improve its functionality while spending less money and time overall. Even though minor upgrades cost less than major ones, it’s still important to determine a budget. This can...
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Posted on 04/16/2021
Reasons to Back Out of Your Contract
Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...
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Posted on 09/04/2020
How Overpricing Could Hinder a Sale
Photo by Billion Photos via Shutterstock When homeowners start thinking about selling, the first thing they want to know is, “How much can I sell my house for?” Your real estate agent's task is determining the fair market value with a range of prices from low to high. The spread between the two values typical is not large...
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Posted on 07/10/2020
Setting the Fair Market Value
Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...
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