Selling Your Home
Thinking of selling your house in 6 months from now or longer?
Here are the steps you can take to maximize your selling price and reduce selling time:
- Proper maintenance and upgrades are important for getting maximum sales price.
A poorly maintained home will cause buyers to wonder what larger issues have been neglected. If a house is not move-in-ready potential buyers will either cross that home off the list or make a low ball offer justified by calculating repair costs at grossly inflated rates.
Sellers tend to put off maintenance and upgrades until it’s time to market their home. The best time to begin the process is right after you move in. That way the cost is spread out through the entire ownership period, the investment is protected and you can enjoy your house to the fullest while you still live there.
Click the Links Below to Read Preventative Maintenance Tips:
- Maximize your credit score.
In today’s market your credit score will determine what you will pay for your next house.The process to maximize your score can take from several months to three years so start now to insure the best rates for your next purchase.
Lonnie Glessner’s
What to do before getting a mortgage
What do potential home borrowers, especially first time home buyers, need to do before getting a mortgage? Today there are so many factors at play: your job, how you are paid, money in the bank, your monthly debt payments, your credit history, your credit scores, etc. Here is a summary of what you should be doing before you buy a home...
- If you plan to purchase a home in over 6 months from now...
CLICK HERE
For Maximizing Your Credit Score...
Contact
Lonnie Glessner
(800)716-7334 x122
Lonnie@KeyHomeTeam.com
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- Pay down your loan and save for down payment.
The days of “No-Doc 100% Loans” are over and it is increasingly difficult to get high percentage loans.You may be required to put 20-25% down or take out expensive Private Mortgage Insurance (PMI).
A very smart thing to do is to make a second payment to your mortgage company every month equal to the principal payment of that month (see amortization table provided by your lender).The amount will be small in the beginning and grow as the loan matures so it should better mirror your ability to pay.If you follow this plan and live in the house for 12 years you will have paid off your mortgage! If you live in the home for less than 12 years, you will be able to make a much larger down payment on the next home and will have saved thousands in interest as well.
Order an amortization chart to begin this process.
- Keep informed on property values in your neighborhood.
Every month you get a bank statement to show what is in your checking and savings account. Tracking your investment portfolio on at least a monthly or weekly basis is just as important.
It is of utmost importance to follow the value of your home. If you see values going down in your neighborhood, you should determine what is causing the downturn and see what you can do to turn it around (e.g. getting involved with your HOA) or it may be time to put your home on market.
-- free tools to track your home's value!! --
- Market Snapshot
Market Snapshot will show you the value of the homes sold in your neighborhood and the asking price for homes currently listed.
- Daily Updates
Daily Updates will automatically be sent to you showing homes similar to yours the day they are put on the market, taken off or sold.
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Top Web Links
Featured Consultant
- Dave Sachleben
Dave’s background makes him uniquely qualified to meet all your real estate needs with superior service. His financial/accounting expertise... click here >>
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