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The following article was published in our article directory on February 28, 2014.
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Part V: Everything You Need to Know to Sell Your Home by Owner

Article Category: Real Estate

Author Name: Jay Hunter

Initially we need to talk about the offer to purchase. The purchase arrangement regulates the sale so it's important that it's completed correctly. Both the seller and the purchaser must check out and understand it. When completed, concurred to, and signed by both the purchaser and seller we have a contract which list the occasions that need to take place leading up to closing.
As the prospect is leaving your home hand him the "list" and claim Mr. and Mrs. Smith, if you decide to progress with the purchase of our home there are a couple of things we need to go over and that need to be put in the offer to buy. I have them written them down, and have a copy of the Purchase arrangement for your evaluation.
Your list must state
1.) On exactly what date do you need tenancy
2.) What date would you like to close
3.) Just how much earnest cash are you going to put down
4.) The amount of of your cost savings are you utilizing for a down payment
5.) Exactly what bank are you utilizing for funding
6.) Is there any one that has to evaluate the offer before it is signed
7.) Exist any other "contingency's" that have to happen before closing, such as the sale of another house, another girl that would need to see the home, a home examination, well and septic evaluation (if the home is not served by city water and sewer) radon and other test.
It ought to be noted that it is a good idea to list "house evaluation" or "inspections" and "tests" separately as "testing something" ought to not be puzzled with "examining something".
You might see we do not put "How much are you going to Offer" on our list. We do not due to the fact that we have a asking cost and utilizing the word "offer" suggests that the rate we are asking is not the price we will accept.
It does not have to be provided below. Let the purchaser figure it out. It could a little uncomfortable for him to ask if you will take less however that's OKAY. If he does ask, the right response is" Be sure to put the quantity of your offer in the purchase arrangement I have actually offered you, and we will discuss it.
We also did not discuss or inform our buyer to list what "Personal Property" such as Range, Refrigerator, Washer and Dryer, and so on that they desire consisted of in the sale.
Just like the "Offer Price" gone over above let the purchaser figure this one out, and if they ask the response is the very same "Be sure to list things you want consisted of in your offer and we will consider it".
If you think about it, you are selling your home for Ten's of Thousands, maybe $50,000, $150,000 or more. Do you think the buyer is going to offer an additional $500.00 for your range and fridge? If you still own it after the sale you can sell it, contribute it to your preferred charity or offer it to the purchaser if they want it.
The purchaser has actually now made an offer ... Now What ??
In a future post we will discuss what needs to be done leading up "THE CLOSING".
To list your Home For Sale by Owner, see http://freerealtyonline.com/.

When filled out, agreed to, and signed by both the buyer and seller we have an agreement which list the events that have to take place leading up to closing.
If he does ask, the appropriate response is" Be sure to put the amount of your offer in the purchase contract I have offered you, and we will discuss it.
If you think about it, you are offering your house for Ten's of Thousands, maybe $50,000, $150,000 or more. Do you think the buyer is going to provide an extra $500.00 for your variety and fridge? If you still possess it after the sale you can sell it, donate it to your favored charity or give it to the purchaser if they desire it.

Keywords: homes for sale by owners, home by owner, real estate for sale, list home for sale, free real estate listing site, flat fee mls

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