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FSBO
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How to Sell Your Home for Free
Typical real estate commissions range between 4-6% of the final selling price of a property. With home values higher than ever, it makes sense to evaluate options that will help you save a boat load of money the next time you sell your home.
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Ten Tips on Reducing the Stress of Selling Your House
Selling your home and moving house have long been regarded as two of the activities which sharply increase stress levels. Here are ten tips to help you reduce the stress associated with trying to sell your home and having to keep it spotless for potential buyers.
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Answering Phoned Inquiries About The Home You Are Selling
As an independent home seller, you may be flooded by a long line of emails and unending phone calls from potential buyers. Answering emails will not pose much of a problem since you have time to compose your thoughts and you can do those at your own convenience. Handling phoned inquiries is another matter altogether.
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Learning the Real Estate Lingo
If you plan on selling your home and opt to do it yourself, and not rely on real estate agents, you have to attend to a lot of tasks before you can say that your home is ready for viewing. Aside from doing the minor renovations, basic landscaping and impromptu beautification projects, you must, before anything else, be familiar with the local real estate vernacular.
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Real Estate Deposit vs Down Payment
When you’re selling your home, you have to be familiar with related real-estate lingo. You have to know the difference between a canopy and an awning; a mortgage and a loan; and most importantly, the difference between a deposit and a down payment.
Believe it or not, there are a lot of home sellers who think that deposits and down payments are one and the same, when in reality they are not.
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How to Find Cheap Homes for Sale by Owner
If you want to buy a home and also save money, you’re going to want to buy a house for sale by owner. Sellers who want to save on their brokerage fees put their homes on the market by themselves. This gives the seller and the buyer the advantage.
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Common Problems FSBO's Face
Many home owners opt to sell their properties without the help of a real estate agent because they no longer want to be burdened with the additional costs involved when dealing with professional realtors. This method of putting up your home for sale is not bad and there are many books, articles, and magazines written on the subject matter and these do help. However, even if you are equipped with the know-how, sometimes, FSBO can also be difficult and taxing.
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Hurricanes and For Sale By Owner Problems
The opening of the 2006 Atlantic tropical hurricane season is now upon us and if you live in a hurricane zone and you are thinking of selling your property or real estate you are probably rather anxious to get it sold and get out of dodge just in case a major category hurricane hits your area.
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Know How to Negotiate
If you think that negotiating is something only a buyer will do, you're very much mistaken. Even as a home seller, you will, at some point in time, negotiate with your potential buyer. Remember that, negotiation is a two way street.
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