Pricing your home usually begins with looking at what homes are selling for in your area. You can attend open houses for properties currently on the market to see how yours stacks up. To help you get into a buyer's frame of mind, ask yourself what you would pay for your house today if you did not already own it. You may also want to get a professional appraisal by contacting a local provider.
CMA stands for Comparative Market Analysis, or sometimes Comparable Market Analysis. Both refer to looking at what homes similar to yours have sold for, and other details such as how long they were on the market.
Accurately pricing your home is important. You already stand to save a substantial amount by selling without a Real Estate Agent, and you wouldn't want to deter potential buyers by overpricing your home. See Pricing.
Fair Market Value (FMV) is the agreed upon price between a seller and a buyer, given that neither party is under duress, such as the need to move quickly for a job relocation or other pressure to transact quickly.
You can have your buyer preapproved for a loan by having them fill this form.
A contingency is feature of a buyer's real estate contract that allows the buyer to retract the offer if a specified future event does not occur. Typically contingencies relate to appraisal, home inspection, and mortgage approval. See Offers & Negotiation.
Each state requires different documents to sell your home. We do not provide legal documents, but you may begin by looking at a legal forms provider such as US Legal Forms.
Depending on the state you're selling in, the attorney will act in different capacities. These capacities would be as the Title Agent, Settlement Provider, Notary or all three. The state you live in determines whether or not you are required to have an attorney involved in your transaction.
Simply click here, add your photos, and type in your open house details into your custom brochures. You can even push them to social media when they're complete!
In some cases, typically when your buyer is a family member, you can give a portion of your home's equity toward their down payment. This needs to be calculated in the sales contract, and you can contact your lender for details on how to do this.