Reich & Roberts Associates, Inc.
Sherry Franecki

Selling

Common Q&A About Selling Your Home


Marketing Your Home - Home Selling Tips
I can offer you many suggestions to prepare your home so it looks its best when being shown to a buyer.  Use the following checklist as a guide when preparing and showing your home for sale.
  • Do everything you can -- inside and outside --to make your home as attractive as possible in the eyes of the buyer. First impressions last. Homes that look their best tend to sell faster and command every dollar they're worth.
  • A fresh coat of paint for home, garage, even fences-may be the one improvement that creates the most positive first impression.
  • Lawn trimmed, clear of debris.
  • Gutters sealed and downspout clean.
  • Tidy front entrance. Door brass polished, worn trim or rusty mail box painted.
  • Storms and screens cleaned. New doormat put out. If possible, keep curbside free of parked cars.
  • Painting inside walls can pay dividends far beyond the time, effort and expense involved.
  • Tend to "little things"-oil squeaking doors, tighten loose cabinet knobs, take out removable stains, replace damaged floor tiles.
  • All windows, doors and drawers should open and close easily. Fasten loose tread plates, clean soiled carpeting.
  • The kitchen is one place in the home that buyers look at closely. Tighten leaky faucets, repair or replace faulty wall switches, outlets, light fixtures and any appliances that will "go with the home."
  • The bathroom gets close scrutiny, too. Keep it spotless. Tiles scrubbed and grouted, faucets polished, toiletries and medicines in their chest. Laundry items in closed hamper.
  • Cleaned windows and clear, uncluttered closets and basement contribute to a more attractive home.
  • Clear out accumulated items from closets, cabinets and under counters-also from the garage. Consider holding a garage sale prior to showing your home.
  • Make home as light, airy and spacious as possible. Draw back drapes. Turn on a few extra lights.
  • Keep pets out of the way. Soft background music can contribute to a relaxed mood, but a loud radio or TV, like pets, will tend to be distracting.
  • Fresh bread or cookies baking in the oven help create a "homey" atmosphere.
  • Let your me work for you. I can answer questions on price, terms, possession, etc., and maintain objectivity in responding to buyer objections.
Pricing Your Home

I can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.

Negotiating With Homebuyers & Closing the Sale
I can help you objectively evaluate every buyer’s proposal without compromising your marketing position. I can help you write a legally binding, win-win agreement that will be more likely to make it through the process.

I can help you resolve questions that arise between the initial sales contract and closing. For example, unexpected repairs that may be required in order for the buyer to obtain financing or a cloud on the title is discovered. The required paperwork alone is overwhelming for most sellers.

I will help relieve your anxieties about the closing procedures by explaining them in advance, and making sure everything you need for the closing is ready.

Closing the Sale
The mortgage loan closing (or settlement) is the final step to transferring ownership of your house to the home buyer. Even though the purchase contract has been signed and the homebuyer's loan request has been approved, the homebuyer has no rights to the property, including access, until the legal title to the property is transferred to the buyer and the loan is closed.

I will guide you through this process and make sure everything flows together smoothly.

At closing, you will execute the deed to the property, and the homebuyer will sign the mortgage loan documents, and the closing agent will record the necessary instruments to give the buyer legal ownership of the property.

Closing costs must also be paid. Closing costs vary widely depending on the home’s price tag, location and other factors. Overall, the costs will probably be between 1 and 2 percent of the sales price.

There are standard documents and exhibits that are commonly required for a loan closing. Some of these will be your responsibility. Some of these will be the responsibility of other parties to the transaction, such as the homebuyer and lender.

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Sherry Franecki • CENTURY 21 Reich & Roberts Associates, Inc. • 161 West Sunset Drive, Waukesha, WI 53189
phone 414-737-8830 • fax 262-542-7621 • sherry@CENTURY21.com<a href="http://www.century21.com" target="_blank">