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HOUSE SELL TIP

Question: Do you have some house sell tips?

Answer: Here are a few tips for selling your house to investors:

-Contact a number of investors and you'll probably get multiple offers.

-Ask lots of questions and find out what particular technique they plan to purchase your house with, is it just a lease/option, cash buyers, conventional buyers, or do they plan to assume your mortgage? Will they be using a land trust? What kind of guarantees can they give you?

-Remember: What matters most, is not what they tell you, but what's on paper. You should ask for time to read all documents before signing, though a majority of sellers do not do so.

-If you don't understand, ask questions. Make sure you understand the documents as well.

-Try to get a specific time frame for the sale, what day will they close.

Here are a few tips for a quick sell on the retail market, usually through a Realtor:

-Make sure it is well priced, pricing right to start with, will save a lot of time. Price sells. You may save money in the long run with a shorter vacancy time, if the house is vacant.

-Be sure it looks nice, if it's hot and stuffy, have the house cooled. Buyers expect to see a pretty looking house. Remember you have lots of competition, new paint, new carpet, clean interior and exterior are all basics"

-"Wow!" factor. Put in some extras, plants, pretty fixtures, new lights, chandeliers, mirrors and a fountain, are all great additions that will add that extra something special that a buyer can't quite pinpoint, but feels like "Wow!"

-Advertise, advertise, advertise. Some Realty companies may not necessarily give your house the kind of exposure it needs to sell quickly. It may be a good idea to spend some of your own money advertising as well. Offer and then discuss this with your Realty professional.

-Let buyers know you plan to sell quickly and the house won't be around long.

-Keep a log of potential buyers, follow up on them, find out what they did, or didn't like. Ask Realtors for suggestions.

-If the house doesn't sell in 2, or a few weeks, re-evaluate. Is the price right? Does the house look good enough? Is my marketing plan getting enough coverage?

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