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Quick (Step By Step) Guide To Selling

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Submit property disclosures: 

As a seller you’re required to disclose any known defects or issues that could affect the value or safety of the home — this is known as a property disclosure

Step 1: Choose an Agent
 

Step 2: Determine how much your house is worth.
This can be done free with a comparative market analysis (C.M.A) through your agent
OR

Paying a professional appraiser to help you land on an accurate listing price can be money well-spent
This can give you a more accurate in depth Value of the home and property.

*If you choose to hire an appraiser, This will be out of pocket by you.

If a buyer is using financing to purchase, they will be required to pay for another appraisal by their lender.

Step 3: Get your home ready to sell.
-Declutter, clean and depersonalize
-Select a staging plan that fits your need
-Pare down pets’ and kids’ belongings

Info : We can "Pre-List" your home as Coming soon for 21 days prior to it being listed on the market-- This gives other Real Estate agents and their client who might be interested a heads up, while you are finishing up getting ready to list


Step 4: Marketing your home.
Once your home is ready for buyers, the next step is getting your listing in front of as many buyers as possible. 
-Advertise across multiple channels
                            (MLS exposure on BOTH the RMLS and WVMLS for twice the agent exposure)

 

 

 

 


-Invest in professional marketing photos  (Included free in Lindsey Korkeakoski Listings)

Step 5: Receive offers and negotiate. 
Your Real Estate Agent with be the middleman between you and the buyer/agent.

BUT, You will be included every step of the way!

                    AFTER ACCEPTED OFFER


Step 6: Escrow is opened & ordered:
This is the period of time that it takes to complete all the remaining steps in the home buying process.

Steps During Escrow:

Home Inspection (Paid by Buyer)

*After- Buyers can send a repair addendum to negotiate items needing attention.

This is the time when other inspections will take place if needed also:
-Septic Inspection & Pumping(Paid by either Buyer or Seller)
-Well 4 hour flow etc (Paid by either Buyer or Seller) 

                             **Required Well Test for Sellers (Tests for Arsenic, Nitrate and Bacteria)
Etc... Other inspections requested by buyers.

The Lender will arrange for an Appraisal of the home. 
**The Appraisal will indicate any needed repairs or requirements per the appraiser. This will then go to the lender, and they will let the buyers know what needs fixed/repaired to pass for financing. 

**Possibly more negotiating per Appraisal needs. (If appraisal does not meet value)

Closing Day:

Sign documents: One of the very last steps is showing up for your closing appointment, where you’ll sign all the legal documents related to the sale of your property. 

(Signatures can be done prior to closing day, & held until everything is ready to be recorded) 
When a (CD) Closing documents, are ready at title, there is a 3-day waiting period before officially closing.

Hand over keys: 
The keys are handed over to the buyer once you vacate the premises, as indicated in your contract with the buyer.
If the buyer is taking immediate possession, you might hand over the keys at the closing appointment/through your agent.
Your agent will help arrange this transfer.

Close escrow: 

This last step is handled by the escrow agent who was selected by you or your agent when you first received your buyer’s earnest money. (Title company representative/Escrow officer) After closing, they will transfer the deed for the home to the new owner (or their lender), pay off your remaining mortgage balance if needed, & pay all closing costs, make sure you receive your profit. 😊

Review expected closing costs: 

Selling a house can be expensive, so review your estimated closing costs ahead of closing day to prepare for the charges you’ll see. Closing costs for sellers can be as high as 8 to 10 percent of the sale price of the home, and that amount is made up of your agent’s commission, the buyer’s agent’s commission (which is typically paid by the seller), and taxes and fees. But, assuming you have some equity in the home you’re selling, these costs will come directly out of the profits you’ll be receiving upon closing.

Be prepared to move quickly: The average time it takes to sell a house is 68 days, from list to close, so you’ll need to be prepared to move out in a short period of time. It’s a must that you be out of the home by the closing date.

Helping you through what to expect

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At any Step, please
   ask questions

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Required for most Lenders/Loans:

  • Working Smoke Detectors/CO2

  • Gutters in good working order

  • Water Heater straps

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