Are you thinking about selling your home in Black Creek? Have you been thinking of selling it by yourself instead of hiring a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision find the most important pros and cons below.
The most important PRO for selling your home yourself in Black Creek is MONEY. Selling your home without the help of an agent means more Money in your pocket! By selling it yourself you save the commissions and fees. – We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
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If your home is experiencing foundation settlement, you may ask yourself: "Can I sell my home?" The short answer is almost always "no." There are several reasons:
- We all know homebuyers are looking for homes with features, location, a good price, etc. But it's important to note that they're easily scared off by structural problems. Any material problems will almost always scare them off.
- Homebuyers usually hire a building inspector to review a prospective purchase. These trained professionals are almost sure to find most everything that is wrong, or potentially wrong with a home. His or her report could easily scare the client.
- If the home is to be financed, the financial institution will also often hire a building inspector to protect their interest in a property. They will not accept material issues such as weak and failing foundations, bowing basement walls, or similar structural difficulties. The loan will be declined.
- If you are aware of a structural issue, many states require the seller to reveal all such information. Failure to do so makes the seller liable and could be successfully sued for misrepresentation.
- The current real estate marketplace is definitely a buyer's market. There are far fewer buyers than there are houses for sale. Therefore the buyer can be extremely selective. There will probably be another house down the road that is equal or better and maybe for less money. Structural issues will push potential buyers back out the front door.
But, if you know you have a problem and you address it, you can sell with full confidence, full revelation to the customer and inspector and know that the structure is stable, strong, and fit for the long term. You will likely sell for enough to cover the repair costs and more.
The key is getting a licensed, qualified, certified, and experienced contractor to provide an appropriate steel helical pier or push pier repair. Steel piers go to the base of the problem. Without that, anything you do is only a bandage. Steel piers are accepted by and specified by engineers and building inspectors. Foundation repair piers give you your value back and allow you to sell your home.
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Home selling prices are starting to fluctuate a great deal across the country. Many areas that have been experiencing a real estate boom are starting to find out that home prices can't stay up forever. On the other hand there are still areas of the country that are experiencing rapid home sales and soaring prices. So the question is how do you price your home right so that you can get the most money and sell your home fast.
The first key to any real estate sale is to list the property at the correct price. Most homes are listed for a higher price then what the home is truly worth. Most FSBO's price the home high because they feel their home is worth more than their neighbor's even though the neighbor's home is exactly the same. Real estate agents unfortunately price homes too high for fear of not getting the listing. A real estate agent should know the proper price for a home but are pressured by the seller to list for a higher amount. Instead of the agent doing the right thing, telling the owner how much the home is really worth, they go ahead and list the home for the higher amount. Whatever you do, make sure you price your home at market or below.
If you want to sell your home fast then make sure you price your home properly or even a little under the true value of your home.