How do you Sell a Home that Needs Repairs, Updates or Improvements?

We all know that the housing market is competitive right now amongst home sellers. There are more sellers than buyers and the large inventory of homes is enough to make any seller more than a bit nervous.

So, what can you do to attract home buyers if your Jacksonville home needs repairs, updates or improvements? The biggest question, in fact, among homeowners in this situation is: is it worth it to make repairs or improvements or to sell my house in its current condition?

The answer to this question is not as cut and dry as it may seem. In fact, the decision to make repairs and improvements on your home can vary widely depending on the town and neighborhood in which you live.

Your best bet when making the decision to sell your home as-is or make…

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Selling FSBO May = Catastrophe

Taking the tiger by the tail selling For Sale By Owner may work out and save you a little bit of money.  But before you do, make sure you are comfortable risking the dangers and pitfalls of doing so.

 Here are some things to consider for your protection.

 The Breakdown:

 Many say they have a hard time paying “all that commission” for the sale of their home. However, upon closer evaluation, the 6% commission generally breaks down as follows:

 Commission is split fifty/fifty by the selling and purchasing agent.   If another Realtor has buyers that wish to purchase your home, you would still be bound to paying that agent’s 3% commission in order to get his buyers.  A Selling Agent has an agreement with his or her brokerage who may require up to half…

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Unravelling the Confusion of Closing Costs

 In comparing loans for your new Jacksonville home, keep the following in mind.  Closing costs are split into two main categories: the closing costs controlled by the lender which vary from place to place and closing costs not controlled by the lender that will not be negotiated. 

The Process

You will first obtain a "Good Faith Estimate" of closing costs when talking to a mortgage lender.  It is your right to receive a copy although they may send it to you within three business days of your application.

Remember, the mortgage lender is not the only one charging all of your final closing costs, nor do they know what all the costs will actually be. They will normally give you a higher end estimate based on an educated guess from…

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Pricing your home isn’t as easy as picking one!

Updated 9/8/14 from Conversation on Activerain.com

When you decide to sell your St Augustine home, it is a natural process to deliberate the timing,  develop a plan where to move after the sale, and eventually reach a point where you are finally ready to hire a Realtor to list it.  When you arrive at this crucial point, consider the following facts before you decide to get involved, or allow the professional handle the details of the sale.

Overpricing is Futile

One of the biggest deceptions a seller will fall into is believing that the last appraisal they received during the re-financing of their home is what their house is worth.  Mortgage representatives excel in their positions, and obtain necessary documents to take care of their clients…

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2 Myths About Realtors, Pricing & the Jacksonville Real Estate Market

Myths About Using a Realtor and Pricing Your Jacksonville Home

Myth #1  Your Realtor's skills will enable you to beat the market and sell above market value.

Your Realtors skills will enable you to sell at market value with best terms and conditions for your needs and situation.

Your Realtor can get you more than other homes that are selling in your neighborhood if the value of the features and benefits of your home justify it.  Your Realtor will create through their advertising and marketing an auction like atmosphere where the Buyer will see the traffic your home is getting, the value of your home and will be willing to offer more in order not to loose the house to another buyer.  But the higher price your Realtor will be getting you will be…

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