For Sellers
What I will do for you
Recent Home Sales
Getting the highest price
Closing Costs
- Complete a comparative market analysis that will compare your home's value to that of your neighbors.
- Compile a comprehensive plan detailing all the efforts I will employ to sell your home, including Internet and local media.
- Present your home to as many qualified buyers as possible getting your home maximum exposure.
- Help you stage your home and generate curb appeal to ensure you get the highest price.
- Assist with obtaining offers and help you in negotiating the best deal as smoothly as possible.
- Help you find your next home and answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.
What are homes selling for on your street? Feel free to contact me to find out what neighborhood homes are selling for, free of charge, or to receive a more detailed analysis of the value of your home.
Getting the Highest Price for Your Home
Curb appeal is key and could make a difference whether people stop and take a flyer, or drive right by. Here are a few tips to increase the curb appeal of your home. Staging your home is important. Many buyers will stay in your home longer if it's staged appropriately. I have compiled some ideas to present your home in the most effective manner.
- Title insurance fees depend on the sales price of the home.
- Broker's commission is a full-service fee and will cost anywhere between 5% to 7%.
- Local property transfer tax, country transfer tax, state transfer tax, and state capital gains tax are the charges that you'll pay for the privilege of selling your home. Credit to the buyer of unpaid real estate taxes for the prior or current year are variable and depend on when you close and when your taxes are due.
- FHA fees and costs are all fees are now negotiable between an FHA buyer and seller.
- Home inspections fees are in some circumstances paid for by the seller and include pest, radon and other inspections.
- Miscellaneous fees can accrue from correcting problems noticed during the home inspection.
Should you reduce your sales price or should you reduce your Buyer's interest rate?
Monthly Obligation
- Did you know that Price Reduction of $20,000 on your listing will save the buyer 103.00 per month?
- The same $20,000 in buying down the interest rate will save the buyer $541.00 per month!
Qualifying
- Did you know a buyer of your $450,000 listing needs $96,000 in income to qualify for the loan.
- Did you know a buyer of your reduced $439,000 listing needs $94,200 in income to qualify for the loan.
- Did you know that if you took that same $11,000 dollar reduction and paid down the interest rate, that listing needs only $74,400 in income to qualify for the loan.
Willing & Able
- How many more buyers did you just qualified for your listing by reducing the down payment, the monthly payment and the income qualifications?
This rate buy down strategy will help sell your listings faster and help you respond to that low ball offer. A strategy that will make you shine above the rest and solidify the close of escrow.
I submit to you that we need to get our market going again and I offer you this valuable information and how to present it with zero obligations. I don't even request your name.
So you have a listing. Are you going to reduce the price to get it sold? I say, No! You are going to present a strategy that will help the buyer save money.
Listing One-Listing Price $750,000.00-DOM=120, Debt Service Payment=$3,453.00. Price Reduction to $725,000. Debt Service Payment= $3338.00, DOM-130. < /FONT>
Listing Two-Listing Price $750,000.00 and effectively reduced with a seller interest rate buydown. (Interest Rate Buydown Cost $12,750.00 to $19,125.00) DOM-?, Debt Service Payment $2,922.00 , Sold! Saving the buyer over $45,000.00 in five years.
Listing One (Reduced)-Down Payment ($108,725.00) and Loan Closing Costs ($9,000.00) = $117,750.00 at the closing table.
Listing Two - Down Payment = $112,500.00 at the closing table. Loan Cost paid by sellers.
Listing One- Income Needed- ~$98,000.00
Listing Two- Income Needed- ~$87,000.00
Keep it simple. It's not the price, it's the monthly payment, the down payment and the ability to qualify-Or, cost to close if you will.
Listing Two, with a buydown strategy, saves the buyer over $45,000.00 in five years and over $95,000.00 in ten years.
Now that is sellable!
And what about the purchase year tax deduction? Points paid for a purchase loan are tax deductable. Ask the CPA! More saved!
