Sellers Resources:
Need help selling your home? Top realtor Susan Gregory shares some of the top tricks and tips for listing your current home on our Sellers Resources page. Whether you are moving down the street or relocating, we have the local expertise and resources to help you sell your home and find the perfect home or condo for you and your family. We work closely with our clients to understand your real estate needs and goals to help you find the best home at the best possible price.
Below are just some of the sellers resources.
APPRAISALS & MARKET VALUE
What is the difference between market value and appraised value? The appraised value of a house is a certified appraiser’s opinion of the worth of a home at a given point in time.
COMMON Q&A ABOUT SELLING YOUR HOME
Should I add on or buy a bigger home? Consider these questions before making a choice between adding on to an existing home or moving up in the market to a bigger house:
DISCLOSURE
Whose obligation is it to disclose pertinent information about a property? In most states, it is the seller, but obligations to disclose information about a property vary.
NEGOTIATING
There are several cardinal rules to negotiating effectively. One is do your homework, and learn as much about the seller or the buyer as you can.
PRICING THE HOUSE TO SELL
What is the difference between list and sales prices? The list price is how much a house is advertised for and is usually only an estimate of what a seller would like to get for the property.
An escrow is a legal agreement in which a third party controls money or assets until the other two parties have met specific conditions for the assets to be used. These accounts serve to protect buyers and sellers in financial transactions. Escrow is a risk reduction method and provides parties involved peace of mind that…
Ready to sell your home? Let’s talk about the things you need to do today to set your home up for a quick, successful sale. Whether you’re in a hot market, or things have cooled off locally, these steps will keep you on track and position your home for the right buyer. 1. Work With…
The Middle Tennessee housing market is on fire right now with houses selling fast and oftentimes for more than asking price. In fact, homebuyers are outpacing available houses for sale across the country. This housing shortage means we are living in a seller’s market. But that doesn’t mean you should try to navigate the current…
When does foreclosure begin? Lenders will initiate foreclosure proceedings when borrowers become delinquent in their mortgage obligations, usually after three payments are missed. The lender will then notify the borrower in writing that he or she is in default. The lender can request a trustee’s sale or a judicial foreclosure, in which the property is…
Can a home seller sell a home for less than its mortgage? Yes, in some case you can sell your home for less than what you still owe on the mortgage, but this is complicated and depends on the lender. This situation is known as a “short sale.” Sometimes a lender will be willing to…
What is seller financing? Seller financing is when a seller helps to finance a real estate transaction by taking back a second note, or even financing the entire purchase if the seller owns the home free and clear. Usually sellers do this when a buyer has difficulty qualifying for a conventional loan or meeting the…
Where can I learn more about appealing my property taxes? Contact your local tax assessor’s office to see what procedures to follow to appeal your property tax assessment. You may be able to appeal your assessment informally. Mostly likely, however, you will have to go through a formal tax-appeal processes, which begin with an appeal…
What is the difference between list and sales prices? The list price is how much a house is advertised for and is usually only an estimate of what a seller would like to get for the property. The sales price is the amount a property actually sells for. It may be the same as the…
Is there a secret to good negotiating? There are several cardinal rules to negotiating effectively. One is do your homework, and learn as much about the seller or the buyer as you can. Another is to play your cards close to your vest and not reveal too much information to the other party or their…
Whose obligation is it to disclose pertinent information about a property? In most states, it is the seller, but obligations to disclose information about a property vary. Under the strictest laws, you and your agent, if you have one, are required to disclose all facts materially affecting the value or desirability of the property which…