Fsbo - You Can Sell It Yourself | UniqueArticleDirectory.com

Fsbo - You Can Sell It Yourself

by Connie Sanders

Want to sell your home? In today’s crazy market “FSBO” is probably the best way to sell. It doesn’t take a rocket scientist to be successful at marketing your own home. This information may provide you with in-site you may not have had before.

Preparing your home for buyers is simple. New paint works wonders and is not expensive. Make sure everything is clean. The most over looked and most important, … you need to get rid of the clutter inside and out. Less is more! Rent a storage facility or have a garage sale but get rid of the clutter. Less furniture makes a room look larger. Over stuffed closest are a real turn off to buyers who ALL want plenty of storage space. Get rid of all the nick knacks. Clean out the garage and don’t forget the yard.

That curb appeal is so important. Please, get those yards cleaned up, front and back! An appraisal has pictures of the back yard and the front yard. I know this seems silly but a junky back yard tells an underwriter a lot about your home’s interior and maintenance routine. A buyer may over look it but the appraiser and lender will not.

Get a home inspection performed by a professional inspection service. An inspector will check the structure and systems in your home. He may find things you are not aware of. It is better to find and repair these issues before the buyer’s inspector does or before the appraisal is done. Any major issues found could have a direct impact on the value of your home.

Spend the money to get a professional appraisal performed by a HUD approved appraiser. Do not rely on a real estate agent’s market analysis. These are seldom accurate and can be $5000 to $10,000 off the mark.

Go sit down with your local mortgage broker. He has a wealth of knowledge you need to take advantage of. Most mortgage brokers have free FSBO programs that will help you immensely. It is important that you know what your costs will be based on the type of loan the buyer acquires. Did you know that a VA loan could cost you much more in closing costs PLUS home repairs that probably are not required by other loans? Will your home qualify for a FHA loan without making very costly repairs? If you are on a tight budget and need every possible dime out of the sale of your home you may want to negotiate in the contract that the buyer gets conventional financing.

A broker can teach you the specific areas you need to watch in the sales contract. He may even provide you with blank contracts and other state mandatory disclosures required when you sell your home. Most brokers will even create your home flyer and more important, your financing options flyer. Buyers want to know two things: how much will my payments be, and how much money do I need to put down.

You should list your home on a “For Sale By Owner” web site. I want to caution you here. A lot of these sites try to charge you a lot of money for things that do not/will not help sell your home. Homebuyers DO NOT spend hours searching “For Sale By Owner” web sites. They work with real estate agents, read the papers, and drive on the streets in the neighborhoods they want to live in.

Your main advantage to listing your home on the Internet is that you can put the URL in your newspaper ads, your flyers, and on your yard sign. When a buyer drives by your house or sees your ad they can go on the Internet and see pictures, amenities, and the price. If your house fits their needs and their budget, they will call you. There are many free FSBO websites on the net.

You Can Sell It Yourself! There are plenty of people just waiting to help you.

About the Author:

Connie Sanders owns For Sale By Owner, a free web site to display your home. Connie is always available to answer your question. check it out. http://www.fsbobasics.com Get a totally unique version of this article from our article submission service