Here is some helpful information to guide you.  Each  We will keep in close contact with you but feel free to contact us throughout the home selling process.

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1. Realtor-Meet to discuss the following

   • Time Line-how soon would you like to put your home on the market for sale.

   • Housing Market-keep you informed on the pace the homes are selling in the area

   • Tour of your home-discuss any necessary repairs

   • Organization/Cleanliness-how to prepare your home for sale

   • Pricing your home-Run a Comparable Market Analysis (CMA) of your home. This analysis compares the houses comparable to your home sold in your area, generally in the last six

   • Discuss the pros and cons of your home

2. Offer-Evaluate the following

   • Housing Market-are houses selling quickly/slowly.   

   • Search Market-analyze homes that have recently sold and ensure a fair price offered and accepted.

   • Offer Request- buyers at times request assistance with closing cost, home warranty (covers most major items breaking the first year) and who pays for inspections

   • Negotiate the Offer- keep you informed throughout the negotiating process.

   • Approval Letter-Require the offer to be accompanied with an approval letter from the Mortgage company to ensure we are negotiating with a qualified buyer.

3. Offer Accepted

   • Earnest Money-require purchaser to submit the check to the title company.  Money can be returned to the purchaser if they opt out of the contract with the requirements specified in the contract. The check will be cashed and deposited in to an escrow account.

   • Submit Option Money-written out and paid to the seller. Money is not refundable if the buyer opts out of the contract for any reason.  Money will be credited to the buyer if the sale goes through.

4. Inspection-Paid by the Buyer

   • Inspector-buyers hire an inspector to perform a thorough inspection of the home. Some of the items inspected are roofs, plumbing, air conditions, walls, floors, etc…

   • Review Inspection Report- Buyers review with their Realtor to determine if they would like to request items on the inspection be fixed.  Homeowners have the option to fix or refuse to fix any items.  The buyer will then decide whether to continue with the purchase.  This decision must be made within the option period of 10 days.  Note: Although the contract says as is, the buyer still has the option to request items to be fixed.

   • Loans- have different inspection requirements.  Example: VA loans require water well and termite to be tested,

   • Septic tank inspection-are recommended not required. Tank should be sump pumped and tested at the same time.

5. Appraisal-paid by the buyer

   • Lender will request to determine the market value of the home you are selling,

   • If the value of the home is lower than the agreed amount purchase price the bank will deny lending the money to the buyer and the price will be renegotiated.   

   • Appraiser can request certain conditions of the home must be fixed by the seller for the buyer to attain financing.  If there are any conditions on their report they are required.

6. Before Closing

   • Call your outside vendors to discontinue or change service (Electric, Water, Trash Pickup, Cable).

   • Change your mailing address

7. Closing

   • Closing date-Is the date you sign to turn over ownership of your home. Realtor will coordinate and keep you posted on the closing time, date and location.

   • CD (closing disclosure)-You should receive a minimum of three days before closing.  Make sure to review the form so that any questions may be answered by the Title Company.

   • Closing Cost-Bring the required amount to your closing in the form of a cashier check. This amount could consist of title policy, concessions to the buyer, home warranty, etc...  This amount will be deducted from the proceeds of the sale of your home.

   • Closing-must be attended by all the purchasers and bring Driver’s License.   Realtor will also attend your closing.

   • Funding-once funding goes through you will receive the cash in your account. You can bring a voided check or have the Bank Name, Account and Routing Number.