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Sell your house in any market
Whether you're selling your home yourself or using a realtor, this helpful guide offers all the information you need to make an otherwise-stressful undertaking go smoothly. In Selling Your House For Dummies, you'll find plain-English, easy-to-follow information on the latest mortgage application and approval processes, the hottest websites used in the house-selling process, and revised tax laws that affect the housing and real estate markets.
From the author team behind America's #1 bestselling real estate book, Home Buying Kit For Dummies, this book offers Eric Tyson and Ray Brown's time-tested advice, recommendations, and strategies for selling your house given current market conditions. From staging your home to utilizing technology to sell your house directly to home buyers, this trusted resource is packed with tips and ideas to make your home the most appealing house on the block.
Prepare your property for the best offer
Stage and market your house successfully
Negotiate and successfully close the sale
Make sense of contracts and forms used in the house-selling process
Get the tried-and-true advice that will help you sell your property!
Auteur
Eric Tyson, MBA, is the author of Investing For Dummies, Personal Finance For Dummies, and Investing in Your 20s and 30s For Dummies. Ray Brown, a real estate professional for more than 40 years, is the best-selling co-author of Home Buying For Dummies.
Texte du rabat
Negotiate and successfully close the sale Minimize hassle and maximize proceeds for your house If you're like most people, your biggest investment is your house. If you sell wisely, you pocket thousands perhaps even tens of thousands of dollars more than you would otherwise and save yourself loads of time. From the author team behind America's #1-bestselling real estate book, Selling Your House For Dummies empowers you with time-tested strategies and expert advice on selling your house in any market. Inside
Résumé
Sell your house in any market Whether you're selling your home yourself or using a realtor, this helpful guide offers all the information you need to make an otherwise-stressful undertaking go smoothly. In Selling Your House For Dummies, you'll find plain-English, easy-to-follow information on the latest mortgage application and approval processes, the hottest websites used in the house-selling process, and revised tax laws that affect the housing and real estate markets. From the author team behind America's #1 bestselling real estate book, Home Buying Kit For Dummies, this book offers Eric Tyson and Ray Brown's time-tested advice, recommendations, and strategies for selling your house given current market conditions. From staging your home to utilizing technology to sell your house directly to home buyers, this trusted resource is packed with tips and ideas to make your home the most appealing house on the block.
Contenu
Introduction 1
How This Book Is Different: The Eric Tyson/Ray Brown Difference 1
Foolish Assumptions 2
Icons Used in This Book 3
Beyond the Book 4
Where to Go from Here 4
Part 1: Getting Started with Selling Your House 5
Chapter 1: Deciding to Sell 7
Figuring Out If You Really Need to Sell 9
Good reasons to stay 10
Reasons to consider selling 15
Knowing the Health of Your Housing Market 17
Selling in a depressed housing market 17
Selling during a strong market 21
Chapter 2: Selling and Your Personal Finances 23
Trading Up 23
Examining your housing budget 24
Figuring your expected expenses after trading up 27
Determining the financial impact on your future goals 31
Exploring the other costs of trading up 31
Making Retirement Housing Decisions 32
Trading down 32
Researching reverse mortgages 38
Tax Facts Sellers and Landlords Ought to Know 43
Chapter 3: Exploring the Economics of Selling 45
Estimating Proceeds of Sale 46
Estimated sale price 46
Closing costs 47
Mortgage payoff 48
Moving expenses 50
Putting it all together 51
Assessing the Financial Feasibility of a Move 52
Researching living costs and employment opportunities 52
Avoiding relocation traps 54
Chapter 4: Confronting Financing Issues 57
Financing Decisions When Trading Up 58
Choosing your mortgage 58
Financing improvements 59
The Trials and Tribulations of Seller Financing 61
Asking yourself why you'd ever want to be a lender 62
Deciding if seller financing is for you 63
Finding creditworthy buyers 64
Deciding what to charge 72
Protecting yourself legally 73
Part 2: Tactical Considerations 75
Chapter 5: Timing Is Everything 77
Timing the Sale of Your House 77
First peak season: Spring flowers and For Sale signs bloom 79
First valley: Summer doldrums 79
Second peak season: Autumn leaves and houses of every color 80
Death Valley: Real estate activity hibernates until spring 82
The Seller's Quandary: Timing the Purchase of Your Home 82
Consolidating Your Sale and Purchase 83
Determine your house's current value 83
Check your buying power 84
Familiarize yourself with the market 85
Take action 86
Chapter 6: For Sale By Owner 89
Eyeing the Potential FSBO Advantages 89
You want to save money on commissions 90
You may already have a ready, willing, and able buyer 90
You may know the house and neighborhood well 91
You may be more motivated than an agent 91
You like challenges 92
You want to be in control 93
Your house may sell itself 93
Focusing on Potential FSBO Disadvantages 93
You may not know how to price property 93
You may not know how to prepare your house for sale 94
You may not know how to market your property 94
You may not know how to separate real buyers from fakes 94
You may not have enough experience as a negotiator 95
You may get yourself into legal trouble 95
You may not know how to close the sale 95
Increasing Your Chances of Success 96
Educate yourself 96
Ensure that other team members are especially strong 96
Cooperate with agents 97
Financially qualify prospective buyers 97
Chapter 7: Your Real Estate Team 99
Teaming Up A Winning Concept 99
Landing the Perfect Listing Agent 101 <p>...