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Five Things To Do Before You Sell Your House
| 1. Get estimates from a reliable repair person on items that need to be replaced soon, a roof or worn carpeting, for example. In this way, buyers will have a better sense of how much these needed repairs will affect their costs. |
| 2. Have a termite inspection to prove to buyers that the property is not infested. |
| 3. Get a pre-sale home inspection so you'll be able to make repairs before buyers become concerned and cancel a contract. You'll also have complete information on what might effect the sale process - BEFORE the Buyer's inspection! |
| 4. Gather together warranties and guarantees on the furnace, appliances, and other items that will remain with the house. |
| 5. Fill out a disclosure form provided by your sales associate. Take the time to be sure that you don't forget problems, however minor, that might create liability for you after the sale. |
Ten Ways to Make Your House More Salable
| 1. Get rid of clutter. Throw out or file stacks of newspapers and magazines. Pack away most of your small decorative items. Store out-of-season clothing to make closets seem roomier. Clean out the garage. |
| 2. Wash your windows and screens to let more light into the interior. |
| 3. Keep everything extra clean. Wash fingerprints from light switch plates. Mop and wax floors. Clean the stove and refrigerator. A clean house makes a better first impression and convinces buyers that the home has been well cared for. |
| 4. Get rid of smells. Clean carpeting and drapes to eliminate cooking odors, smoke, and pet smells. Open the windows. |
| 5. Put higher wattage bulbs in light sockets to make rooms seem brighter, especially basements and other dark rooms. Replace any burnt-out bulbs. |
| 6. Make minor repairs that can create a bad impression. Small problems such as sticky doors, torn screens, cracked caulking, or a dripping faucet may seem trivial, but they'll give buyers the impression that the house isn't well maintained. |
| 7. Tidy your yard. Cut the grass, rake the leaves, trim the bushes, and edge the walks. Put a pot or two of bright flowers near the entryway. |
| 8. Patch holes in your driveway and reapply sealant, if applicable. |
| 9. Clean your gutters. |
| 10. Polish your front doorknob and door numbers. |
What You'll Net at Closing
To find out how much money you'll net from your house, add up your closing costs and subtract them from the sale price of the house.
| Closing Costs for Sellers |
Amounts |
| Mortgage payoff and outstanding interest. |
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| Prorations for real estate taxes. |
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| Prorations for utility bills, condo dues, and other items paid in arrears. |
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| Closing fees charged by closing specialist. |
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| Title policy fees. |
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| Pre-sale Home inspections. |
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| Attorney's fees. |
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| Survey charge. |
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| Transfer tax or other government registration fees. |
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| Brokerage commission. |
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| Total |
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