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Seller Resources What happens if the buyer’s home inspection finds problems? Understand what the inspection may uncover Home inspections frequently identify issues ranging from routine maintenance to significant defects. Finding a problem does not automatically mean that the sale will fall apart. The National Association of REALTORS® explains that a standard home inspection may evaluate the structure, exterior, roof, plumbing, electrical systems, heating and air conditioning, […]
Seller Resources What happens if my home appraises for less than the agreed sale price? Understand what a low appraisal means When a buyer is financing a purchase, the lender will usually require an appraisal to help determine whether the property’s value supports the loan. The National Association of REALTORS® describes an appraisal as an independent opinion of market value prepared by a licensed or certified appraiser. The appraiser does […]
Seller Resources How do I sell my current home and buy my next home at the same time? Decide whether to sell first or buy first Selling one home while purchasing another means coordinating two transactions, two sets of deadlines, and often one pool of equity. Redfin notes that the appropriate approach depends largely on financial capacity, risk tolerance, and conditions in both the selling and buying markets. Selling first provides certainty about […]
Seller Resources How do I decide whether to sell, downsize, relocate, rent my home or stay where I am? Start with your personal and financial priorities For many homeowners, the hardest real estate question is not how to sell. It is whether selling is actually the right next move. The National Association of REALTORS® recommends considering changes in household needs, career and lifestyle, finances, maintenance responsibilities, market conditions, and mortgage rates when evaluating whether […]
Seller Resources How do I know when it is the right time to sell my home? Personal Circumstances Matter Deciding when to sell your home involves both personal circumstances and market conditions. There is no single “right” time that applies to every homeowner. The National Association of REALTORS® recommends considering both personal circumstances and market conditions. A home may no longer fit because of changes in household size, employment, lifestyle, income, […]
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