Showing posts with label fsbo maryland. Show all posts
Showing posts with label fsbo maryland. Show all posts

Wednesday, August 6, 2014

Four Types of Buyers That Will Buy Your Home - FSBO HELP [INFOGRAPHIC]

The Four Types of Buyers That Will Buy Your Home in Today's Market...

To help you differentiate the different types of buyers so you can objectively evaluate proposals from them, we broke all buyers in three qualified groups.

If you goal is is to obtain top dollar for your house  with the best terms from the best buyer in the current market conditions...

You need to be aware at these 4 types of buyers out there.

4 types of Buyers

Watch the video version. . 

 

The many  steps involved in the home-selling process are very similar to those involved in the home-buying process. When you have made the decision to sell your home, you will need to establish a strong marketing campaign to attract the right buyers.

While a small percentage of  sellers successfully sell their homes on their own, a for-sale-by-owner arrangement can be complicated tedious and will require a great deal more of your personal time throughout the process. 

Times have changed, 

It is not enough to just stick a sign on the ground, a few ads and hope to find a buyer willing to pay you top price for your property.

For this reason, most people consider hiring a real estate agent that devotes 100% of their time looking for buyers for their clients.

Don't make the mistake in trying to save a commission on one end...and losing 4 to 5 times more  under-selling your property.

"The commission paid to a real estate professional is well worth the investment to assure yourself of 100% coverage of the marketing necessary to get top dollar for your home"

 

plus the convenience, time savings and overall guidance provided by a professional is well worth the money invested.

 

If you would like to contact Fernando to discuss how to market your home using the best technological tools available out there...please call 301-246-0001

 

 The Four Types of Buyers That Will Buy Your Home in Today's Market...

Thursday, November 29, 2012

Tips On Selling Your Home: Communication Tips With Prospective Buyers

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Original Article

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

Tip #25  Communication Methods With Prospective Buyers. .  .


It seems obvious but I can assure you . .a lot of sellers miss this point

When you put your house up for sale, you will have several places where you are going to have your phone number displayed for all to see. .

You will have several places where your email address will be  also displayed for easy access to more information about your house.

But, what happens after you sell your house?


Spammers love to collect email address from Craigslist and other places you will have your house advertise

You may still receive phone calls from buyers even months after your house is sold. .even worse, you may still have Real Estate agents calling you to list your house.

This could get annoying after a while. .

Besides. .

Why use your personal email and phone to be displayed for all to see?

Normally, 
Your sign will identify you and  and have a phone number so prospective buyers can call and get more information.

The first thing you should do is to have a script nearby so you can sell your house when someone calls. 

That script should be carefully put together to bring the best reasons for someone to buyer your house.

Some of the questions you may ask and tailor this to a particular person is:

Do yo have any school aged children?
Then the schools script should be used. .

Where do you work?
Then the transportation script should be used. .

Are you pre-approved?
Then your buyer qualifications script should be used

You need to be prepared. .

For that reason, you should determine what are the highlights of your home and the connection you can present  to the buyer . .

Do you have to answer every phone call?

No!

In some instances during the process of a sale . . 
eagerness could count against you. .
causing you to lose during negotiations. .

What if someone calls you from outside the front door and wanting to see your house right away?

What would be your response?

Depends?

Depends on what?

You need to be prepared for all this and much more. .
That is my point. .
Prepare your plan and adjust accordingly . . 

Watch this video where I discuss how your phone number and email address could be easy targets for scammers . . 


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

#15 How much earnest deposit money should you ask as a FSBO?

#16 What to FIX before selling your house? 

#17 What are contingencies? and why they should matter to you..

#18 "Is that your best and final offer?

#19 De-Cluttering Your Home is a Key Step if you want to sell 

#20  Don't miss this important step before selling your home 

#21  Showcase your house. . .not your jewelry!

#22 What to do if you need to sell ASAP?

#23 Save money and do it yourself!

#24 Tips on Selling: When Your Sign Tells You Are an Amateur and Easy Prey

#25 Should You Give Your Regular eMail & Phone Number when selling? 

#26

My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

http://www.reallynicehomes.com/blog/tips-selling-your-home-communication-tips-prospective-buyers/

Monday, November 26, 2012

Tips On Selling Your Home: Don't miss this important step before selling your home

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Original Article

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

Tip #22  De-Cluttering Your Home : A Key Step When Selling Your Home 


How to make decluttering a key step before selling your home

The idea is, 
When selling, 
you want to showcase your house. .
Not your stuff!

I always advice my clients to make it a game. 
You can even make a contest with all your family members

Who dumps the most stuff in one single weekend!

The winner will ultimately be you. .as a seller

One test if an item is a candidate for decluttering
Hide it for a few days 
If no one is asking for it. .
You don't need it!

This is the time to reset your life. .seriously
Stuff all over the place clutters your mind. .
You almost become part of the problem. . 
Just get rid of it if you don't use it!


Less is more when it comes to stuff in your house 
To make your rooms look larger you need less stuff
You don't have to have something on every corner of the house. .

Small tables that just collect dust against a wall. .must go

Organize your bookshelves in an orderly fashion. . a few books a couple statues and that is it!

The kitchen is the key area for buyers

Take everything out of the drawers  and throw away storage containers that have no lids.
Condiments that you don't use anymore. .
All those gadgets that you purchased from infomercials . .they all must go away from the counter space
I advise you to hide any small appliances like toasters and mixers inside your cabinets.
An uncluttered counter-top sells . .even if your kitchen is from the 90's!

Please remove personal pictures and magnets from your refrigerator and clean it till it shines. . .a few weeks and you can put them back on!

There is no reason to have a 12 month supply of dry canned foods when you are going to be out of that house in 3 months!
A lot of people would love the donation at the local Salvation Army

While you at it. .
You know those clothes that still have the stickers hanging on your closet?
Come on!
Do you really need to keep that?
There are a lot of homeless children that would love to have clothes this Winter. . .unless you are Kim Kardashian. .get rid of it!

Remember 
Less stuff, less hassle for you. . and a quicker sale!

Watch this video where I discuss what items you should absolutely get rid of . . if you want to sell

26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

#15 How much earnest deposit money should you ask as a FSBO?

#16 What to FIX before selling your house? 

#17 What are contingencies? and why they should matter to you..

#18 "Is that your best and final offer?

#19 De-Cluttering Your Home is a Key Step if you want to sell 

#20  Don't miss this important step before selling your home 

#21 

#22 

#23 

#24 

#25 

#26

My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

 

http://www.reallynicehomes.com/blog/de-cluttering-your-home-key-step-when-selling-your-home/

Sunday, November 25, 2012

De-Cluttering Your Home : A Key Step When Selling Your Home

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Original Article

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

Tip #20  De-Cluttering Your Home : A Key Step When Selling Your Home 


How to make decluttering a key step before selling your home

The idea is, 
When selling, 
you want to showcase your house. .
Not your stuff!

I always advice my clients to make it a game. 
You can even make a contest with all your family members

Who dumps the most stuff in one single weekend!

The winner will ultimately be you. .as a seller

One test if an item is a candidate for decluttering
Hide it for a few days 
If no one is asking for it. .
You don't need it!

This is the time to reset your life. .seriously
Stuff all over the place clutters your mind. .
You almost become part of the problem. . 
Just get rid of it if you don't use it!


Less is more when it comes to stuff in your house 
To make your rooms look larger you need less stuff
You don't have to have something on every corner of the house. .

Small tables that just collect dust against a wall. .must go

Organize your bookshelves in an orderly fashion. . a few books a couple statues and that is it!

The kitchen is the key area for buyers

Take everything out of the drawers  and throw away storage containers that have no lids.
Condiments that you don't use anymore. .
All those gadgets that you purchased from infomercials . .they all must go away from the counter space
I advise you to hide any small appliances like toasters and mixers inside your cabinets.
An uncluttered counter-top sells . .even if your kitchen is from the 90's!

Please remove personal pictures and magnets from your refrigerator and clean it till it shines. . .a few weeks and you can put them back on!

There is no reason to have a 12 month supply of dry canned foods when you are going to be out of that house in 3 months!
A lot of people would love the donation at the local Salvation Army

While you at it. .
You know those clothes that still have the stickers hanging on your closet?
Come on!
Do you really need to keep that?
There are a lot of homeless children that would love to have clothes this Winter. . .unless you are Kim Kardashian. .get rid of it!

Remember 
Less stuff, less hassle for you. . and a quicker sale!


Watch this video where I discuss what items you should absolutely get rid of . . if you want to sell

26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

#15 How much earnest deposit money should you ask as a FSBO?

#16 What to FIX before selling your house? 

#17 What are contingencies? and why they should matter to you..

#18 "Is that your best and final offer?

#19 De-Cluttering Your Home is a Key Step if you want to sell 

#20 

#21 

#22 

#23 

#24 

#25 

#26

My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

http://www.reallynicehomes.com/blog/de-cluttering-your-home-key-step-when-selling-your-home/

Saturday, November 24, 2012

Tips Selling Your House: How To Deal With Contractors

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Original Article

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!


Tip #18  Dealing with Contractors to Prepare your house to sale

A power tip that I would like to pass along now is:
Dealing with contractors to help you prepare your house to sell. . 
Brace yourself. .
You are in for a ride
Contractors are just like any industry  .they have good ones. and real bad ones. .
The bad ones are like pit bulls and you may end up being   a succulent steak! 
Having listed hundreds of properties and owned over 50 rental units the last 20 years, I learned how to negotiate with repairman and assure myself that they are NOT over-charging me.
This is my tip for you today. . 
HOW TO AVOID BEING RIPPED OFF! 
This works in all cases. .
Is only a phrase I advice you to say. .
But you must say it at the right time, and it could save you hundreds, or thousands of dollars!
Your timing has to be perfect and delivered just like a punch line from a professional comedian. . .to early on and you will get gouged. .too late in delivering it and you already got gouged!
Is simple and to the point:
"Is that your final and best price?"
You must say this at the instant you receive their estimate
And don't say another word. .count to five slowly or 
Let them speak once. .and then say.
Thank you for your time and I promise to let you know of my  decision  after I receive the 'OTHER" bids. .please let me know if you want to make some adjustments to your estimate. .
Don't ever make it appear, that you are only calling one repairman.
Get multiple bids whenever it's practical. . .Make sure they know they are competing with someone else. 

Don't act like a friend or a distant relative. .be polite and leave it at that.
Check them out. .
Don't just hire them by appearances  or price
Check them out or risk consequences beyond a shoddy job!
Technology has made this process easier for all of us. Check business licences and insurance so you know who is reliable and trustworthy by their high  standards. . . and see their Internet presence . .in some cases you may be able to see testimonials
Ask for their references and call all of them!
Together with my tip. .it will  give you the confidence to hire someone that does what they say and does it well!


Watch this video where I discuss what items you should repair and what items you should ignore before preparing to sell your house


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

#15 How much earnest deposit money should you ask as a FSBO?

#16 What to FIX before selling your house? 

#17 What are contingencies? and why they should matter to you..

#18 "Is that your best and final offer?

#19 

#20 

#21 

#22 

#23 

#24 

#25 

#26

My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

http://www.reallynicehomes.com/blog/tips-selling-your-house-how-deal-contractors/

Friday, November 23, 2012

Tips For Selling Your House : Why Contingencies Matter & How To Protect Yourself

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Original Article

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.

Tip #17  On contracts and contingencies . . when are they enforceable? 

First things first. .a contingency is a condition inside a contract 

simple enough

If you are selling your home on your own, you should be familiar with this

So lets review what I think are the most common contingencies you will find. .

  • Financing Contingency 
  • Appraisal Contingency 
  • Home Inspection Contingency 
  • The sale of another property Contingency

There are others as well. .
You may find contingencies for Radon test, Mold Inspection, septic tank inspection. .
The point is that you are going to find all types of conditions  attached to the offer of purchase. .

An offer with fewer contingencies and a fair price should be more attractive for you than an offer with lots of conditions paying you a little more.

Can you negotiate a contingency?
Of course!
Inside a contract, everything is negotiable.

A great example would be to counter removing the sale of another property contingency.

As a listing agent advising my client, I would never relinquish the control of the sale to the marketing savvy of another agent or FSBO

What if their price is unrealistic?
Perhaps in another market. .
these days, 
I would think twice before accepting an offer with a sale of another property contingency

Nothing is set.. 
You should consider all offers.. 
It all depends on your goals and if you are willing to take a gamble on the sale of your house.
Remember
Don't  frown upon a contingency filled offer to purchase your home

Everything is negotiable!

Watch this video where I discuss when a buyer's deposit and contingencies trip many sellers  during the sale of a home and you should be very careful. . 

26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

#15 How much earnest deposit money should you ask as a FSBO?

#16 What to FIX before selling your house? 

#17 What are contingencies? and why they should matter to you..

#18 

#19 

#20 

#21 

#22 

#23 

#24 

#25 

#26

My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

http://www.reallynicehomes.com/blog/tips-selling-your-house-why-contingencies-matter-how-protect-yourself/

Thursday, November 22, 2012

Tips on Selling Your House: What to FIX before selling your house?

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Original Article

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.

Tip #16  Home improvements projects to help you sell. . what to fix and what NOT TO FIX?

Fix It First No Doubt!

If you feel that you need to make improvements to your home before selling it. . you must do the work before it goes on the market. .

not during!

Don't stage your house with paint buckets. .

Potential buyers are not interested in hearing about the repairs you will do if they buy your house. .

Your good intentions to look after defects you have ignored while you were the house owner reveals a lot about you as as seller

You've waited until the last moment and expect the best results?

When in reality, you have started the sale of your house in a negative way.
What other things have you ignored? 
A buyer maybe asking. .

A perfect house for sale . .

is a freshly painted home. .

updated

balanced throughout 

with no evidence of quick fixes. 

and you out of the way!

Consider a pre-home inspection
Depending on the price bracket of your house. .
most likely the buyer will ask for a home inspection

Do you want to be surprised?
or
Do you want to be prepared?

Could you afford to pay for a $300 home inspection that will give you the path to a successful sale .
or
ignore it
take a chance
save yourself $300
and possible losing to sell your house quicker and for more money?

Like I said. .if I have a $30,000 condo. .I may take a chance
If I have a $500,000 home to sale. ..
I would not. .

Just remember, today’s home buyers lead busy lives and are very well informed. . they may not be interested in taking on major repairs or improvements upon moving in a new purchase. . society have shape all of us to the "set it and forget it"mantra. .

They are buying a home. .not a project

Watch this video where I discuss how many fixes you should do and what fixes to avoid. . 

26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

#15 How much earnest deposit money should you ask as a FSBO?

#16 What to FIX before selling your house? 

#17 

#18 

#19 

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My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

http://www.reallynicehomes.com/blog/tips-selling-your-house-what-fix-selling-your-house/

Monday, November 19, 2012

Tips To Sell Your House: When the Appraisal Comes in Low . .HELP!

selling homes

26 Tips You Should Know To Get Your Home Sold Fast For The Highest Amount and Less Hassle!

Because your home is more likely your largest asset, deciding to sell your home is not a decision that you should take lightly.

 Everyone wants to sell their home for top dollar,  fast and for the least amount of money.

http://www.reallynicehomes.com/blog/tips-sell-your-house-when-appraisal-comes-low-help/

26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!


Tip #14  What to do when the Appraisal Comes in low . .HELP!!!!

You are not alone. .

I had to deal with this problem twice this month. .

Your options are limited

This is a very volatile market right now. .and 2013 seems to becoming the first year where appraisal results will need a drum roll!

Loose appraisals were a part of the problem when inflated prices were as common as loan approvals

Appraisal  complaints are rising now and there are ways how you can avoid the problem

Part of my advice is how to prevent appraisal  problems.

But what happens when you are facing the problem now?

Lets go step by step:

Challenge the appraisal. Find a recent comp that is not configured on the report.
Disputing an appraisal is not easy if you don't have the latest data of SOLD properties. .Zillow is not going to help you here.

You are better off consulting with a agent that has access to current market conditions.

Order an appraisal on your own.  Hire your own appraiser and hope that they will have value that is more helpful for you as a seller.

The caveat here is that most lenders when faced with two different appraisal they tend to choose the lowest . .not the highest. .but it may trigger for the lender to order a third appraisal if data is conflicting on the first two.


As a seller you hold a lot of clout. .specially if the house is a dream house for the buyers. .

Another possible solution is for your to carry a second note for the difference and still sell your house.
Of course the lender may not approve of this and the buyer, no matter how in love is with your house. . .may not agree to this terms. but is worth a try.


Ultimately, you need to face reality. . 
the appraiser does not set the price of your house. .. .the market does

Perhaps, you can compromise and meet the buyer to the terms of the appraisal. . after all, it may be the only choice you have.

Because if these tactics fail and you and the buyer can not agree to make up the shortfall in the appraised value, you may find yourself with a null contract. 
Most buyers are protected by a contingency clause in the sales contract, stating that the transaction can be terminated if the home doesn't appraise at, or above, the sales price.

So what are your choices then. . to put it back in the market and try to sell it for more that you know your house is worth?

Watch this video to see what you should do before putting your house for sale and avoid the APPRAISAL TRAP!


26 Tips you should know to get your home SOLD for TOP DOLLAR @ the fastest time!

#1 Determine your home's value with your head and not your heart!

#2 You don't need a make over. .just move it over!

#3 Why are you selling?. . .a trick real estate agents use

#4 How should respond to Low Ball Offers?

#5  The DANGERS of Overpricing Your Home and How To Fix It!

#6  Make Buyers Bite with this trick!

#7 Negotiating Tips To Get More Money for Your House

#8 Should I put a lockbox on my For Sale By Owner House? 

#9 How to protect yourself from BOGUS HOME INSPECTIONS

#10 HELP: Neighbor from HELL is keeping me from selling my house

#11 Approval letters for Donald Duck the buyer

#12 Neat trick to protect your property from scammers

#13 How to hire a FREE Attorney for your sale. .

#14 What to do if the appraisal comes in low -- HELP!!!

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My dedication to the pursuit of quality seller representation in MD, DC  or VA is my relentless determination to achieve perfection in my craft for the benefit of all my clients. I believe that my team of Real Estate Professionals  are uniquely qualified to give you the results you are looking for as a seller.No matter if you are selling today or maybe years down the road, please contact me for all your real estate needs. You are going to like the way we do business.

Broker for Herboso & Associates 
240-426-5754
in a hurry?

Want to know how we market our homes and go the EXTRA MILE for our sellers?

http://www.reallynicehomes.com/blog/selling-tips-still-market-overpriced-and-beaten-dont-wait-any-longer/