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Helpful Hints for Selling Your House to Investors

Are you selling your home to investors? Here are some points that you must consider before you jump and list your home for sale with any real estate agent or advertise it. Make sure that before you sell your existing house you have an approval to buy your next house.

Do not sign any contract to sell your existing house before you confirm that you qualify to buy your next house. You may not qualify for the loan amount you want to buy your next home because maybe your financial records could have changed since the last time you did a purchase. You will get to know what you qualify for by getting a pre-approval prior to selling your current house.

The purpose of the pre-approval is to help you decide whether it is wise to sell your house at that point, and if you do then you need to rent instead of buying another one. You can consider selling your house after you decide on a fair market value for your house. I know want to sell your house at the best market rate and in the shortest time.

To achieve this you must avoid overpricing your house because you will limit the chances for selling your house fast. On the other hand, if you underprice it, then you will get a buyer fast but you will lose out on the bargain. To know the fair market value of your house, it is advisable to engage an agent or an appraisal service.

You can also determine the fair market value for your house by judging the amount that other houses in the hood are going for. To sell your house fast, you should determine the best and true value using either of the methods of doing so to help you sell the house fast.

If you want to sell your house fast, you should estimate how much it will cost you to sell it. This can be done by knowing how much you will pay as commission to real estate agents, the excise tax for selling the house and the fees charged by the attorney and closing agent. In addition you should know how much you will incur in advertising the house, property taxes, fuel tank rentals, and home owner association fees.

Finally, selling a house fast is not an easy process. You simply don’t wake up, publish your house for sale, meet an interested buyer and sell it. You should have a checklist prior to selling the house that includes the processes that are carried out in relation to home selling.
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