Great video!! In preparing to sell my own home, I hired a home inspector to do a report... then I went down the list and repaired or replaced as necessary. Next i gave the report to my realtor, along with the receipts for every repair I did. Last, I got a stager and a cleaning crew to come in and prep for the open house.... wish me luck!!
Interesting. Realtor in Toronto here. Maybe you're saying the same thing, but "As-Is" up here is called "unconditional". But if the deal was unconditional or 'firm', there's no recourse unless the later-discovered issue is major, non-obvious, and can be proved to have been known by the seller at time of sale. For that reason, most deals are conditional on at least two things: financing and inspection, even if mortgage pre-approval already done. If those conditons aren't included, agents need to get buyer to sign a waiver acknowledging they are not including them. But, in our super-heated market, unconditional offers are no longer uncommon. Prices are a runaway train here at this writing. Financing and inspection conditions are usually a mere formality and discharged within a week or so with no issues. Sometimes the inspection results are used by buyer to negotiate a slight reduction in the agreed selling price in order to pay for the discovered repairs, but this is usually only attempted if they're in the driver's seat: ie sole offer on a B-class property and seller has no back up. I like your videos. Smart. I wanna get a second home in the area someday for Snowbirding. Love the Gulf coast. Goal!
I had an appraisal done at my house and I was hoping the price would come close what Zillow was thinking it was worth ($469,0000). Turns out my house was appraised $430,000. And that was with all the stuff/cluttters in the house. This was for a refi but if i was going to move I would have to get one of them Uhaul drop box and start hauling away my stuff.
Zillow estimates are just that...estimates...based on nearby homes that have sold. The actual value of your house can vary greatly from your Zestimate. I do find the refinance appraisals tend to come in low. But, yes, if you decide to move...decluttering is key for both potential buyers and the appraiser!
The most annoying issue for me is the buyers who make offers that are unrealistic. For example, a house is worth 500K, a buyer comes in to make an offer 300K, and want to start negotiating. I am usually turned off by such an insulting offer but my agent encourages me to continue dealing with the buyers, "not get emotional" is the remark he made. So should I listen to my agent or go by my gut-feeling, not wasting my time with such non-serious buyers?
If you've gone through selling your house, what was the most frustrating part for you? Feel free to share your own experiences and tips here!
Great video!! In preparing to sell my own home, I hired a home inspector to do a report... then I went down the list and repaired or replaced as necessary. Next i gave the report to my realtor, along with the receipts for every repair I did. Last, I got a stager and a cleaning crew to come in and prep for the open house.... wish me luck!!
What did all that cost you? I may consider that option.
Interesting. Realtor in Toronto here. Maybe you're saying the same thing, but "As-Is" up here is called "unconditional". But if the deal was unconditional or 'firm', there's no recourse unless the later-discovered issue is major, non-obvious, and can be proved to have been known by the seller at time of sale. For that reason, most deals are conditional on at least two things: financing and inspection, even if mortgage pre-approval already done. If those conditons aren't included, agents need to get buyer to sign a waiver acknowledging they are not including them. But, in our super-heated market, unconditional offers are no longer uncommon. Prices are a runaway train here at this writing. Financing and inspection conditions are usually a mere formality and discharged within a week or so with no issues. Sometimes the inspection results are used by buyer to negotiate a slight reduction in the agreed selling price in order to pay for the discovered repairs, but this is usually only attempted if they're in the driver's seat: ie sole offer on a B-class property and seller has no back up. I like your videos. Smart. I wanna get a second home in the area someday for Snowbirding. Love the Gulf coast. Goal!
Great advise
I had an appraisal done at my house and I was hoping the price would come close what Zillow was thinking it was worth ($469,0000). Turns out my house was appraised $430,000. And that was with all the stuff/cluttters in the house. This was for a refi but if i was going to move I would have to get one of them Uhaul drop box and start hauling away my stuff.
Zillow estimates are just that...estimates...based on nearby homes that have sold. The actual value of your house can vary greatly from your Zestimate. I do find the refinance appraisals tend to come in low. But, yes, if you decide to move...decluttering is key for both potential buyers and the appraiser!
The most annoying issue for me is the buyers who make offers that are unrealistic. For example, a house is worth 500K, a buyer comes in to make an offer 300K, and want to start negotiating. I am usually turned off by such an insulting offer but my agent encourages me to continue dealing with the buyers, "not get emotional" is the remark he made. So should I listen to my agent or go by my gut-feeling, not wasting my time with such non-serious buyers?