8 Steps To Selling Your Home – Step 7

July 8th, 2014

Thank you for checking out my series on selling your home.  Visit any of the previous steps that you may have missed: Step 1Step 2Step 3Step 4Step 5, Step 6

 

Step 7 – Prepare to close

Once you accept an offer to sell your house, you will need to make a list of all the things you and your buyer must do before closing. The property may need to be formally appraised, surveyed, inspected or repaired. Your real estate agent can spearhead the effort and serve as your advocate when dealing with the buyer’s agent and service providers. Depending on the written contract, you may pay for all, some or none of these items. If each procedure returns acceptable results as defined by the contract, then the sale may continue. If there are problems with the home, the terms set forth in the contract will dictate your next step. You or the buyer may decide to walk away, open a new round of negotiations or proceed to closing. Important reminder: A few days before the closing, you will want to contact the entity that is closing the transaction and make sure the necessary documents will be ready to sign on the appropriate date. Also, begin to make arrangements for your upcoming move if you have not done so.

Read more about real estate at www.LivingABQ.com

8 Steps To Selling Your Home – Step 6

July 1st, 2014

Thank you for checking out my series on selling your home.  Visit any of the previous steps that you may have missed: Step 1Step 2Step 3Step 4, Step 5

 

Negotiate to sell. Most offers to purchase your home will require some negotiating to come to a win-win agreement. Your real estate agent is well versed on the intricacies of the contracts used in your area and will protect your best interest throughout the bargaining. Your agent also knows what each contract clause means, what you will net from the sale and what areas are easiest to negotiate. Some negotiable items: * Price * Financing * Closing costs * Repairs * Appliances and fixtures * Landscaping * Painting * Move-in date Once both parties have agreed on the terms of the sale, your agent will prepare a contract.

Read more about real estate at www.LivingABQ.com

8 Steps To Selling Your Home – Step 5

June 24th, 2014

Thank you for checking out my series on selling your home.  Visit any of the previous steps that you may have missed: Step 1, Step 2, Step 3, Step 4

Step 5: Receive An Offer

When you receive a written offer from a potential buyer, your real estate agent will first find out whether or not the individual is prequalified or preapproved to buy your home. If so, then you and your agent will review the proposed contract, taking care to understand what is required of both parties to execute the transaction. The contract, though not limited to this list, should include the following:

* Legal description of the property

* Offer price

* Down payment

* Financing arrangements

* List of fees and who will pay them

* Deposit amount

* Inspection rights and possible repair allowances

* Method of conveying the title and who will handle the closing

* Appliances and furnishings that will stay with the home

* Settlement date

* Contingencies

At this point, you have three options: accept the contract as is, accept it with changes (a counteroffer), or reject it. Remember: Once both parties have signed a written offer, the document becomes legally binding. If you have any questions or concerns, be certain to address them with your real estate agent right away.

Read more about real estate at www.LivingABQ.com

7423 Lew Wallace Dr NE (Albuquerque, New Mexico)

June 17th, 2014

Photo of home for sale at 7423 Lew Wallace Drive NE, Albuquerque NM

Lovely territorial style home with courtyard entry. Cool off in the sparkling pool and enjoy backyard barbecues with covered and open patio areas. Plenty of room to entertain. Lovely floor plan with recent wood flooring, tiled dining and kitchen, corner kiva fireplace and banco, French doors to patio and pool, master bedroom downstairs with spacious walk-in closet, additional bedroom downstairs could double as a study with French doors to the patio, 2 bedrooms upstairs with bath. All this plus a 3 car garage. Furnace and water heater new in 2011. Come see, this one won’t last long.

Photo of home for sale at 7423 Lew Wallace Drive NE, Albuquerque NM

Price: $309,000

MLS#: 817111

Bedrooms: 4

Baths: 2 Full, 1 Partial

Sq Ft: 2350

Garage Spaces: 3

Acres: 0.20

Albuquerque Home For Sale

Photo of home for sale at 7423 Lew Wallace Drive NE, Albuquerque NM

7423 Lew Wallace Dr NE

Albuquerque, NM 87109

8 Steps To Selling Your Home – Step 4

June 10th, 2014

Thank you for checking out my series on selling your home.  Visit any of the previous steps that you may have missed: Step 1, Step 2, Step 3

Get the word out. Now that you’re ready to sell, your real estate agent will set up a marketing strategy specifically for your home. There are many ways to get the word out, including: * The Internet * Yard signs * Open houses * Media advertising * Agent-to-agent referrals * Direct mail marketing campaigns In addition to listing your home on the MLS, your agent will use a combination of these tactics to bring the most qualified buyers to your home. Your agent should structure the marketing plan so that the first three to six weeks are the busiest.

Read more about selling your home in www.LivingABQ.com

6105 Azuelo Ave NW (Albuquerque, New Mexico)

June 3rd, 2014

Photo of home for sale at 6105 Azuelo Avenue NW, Albuquerque NM

Private courtyard entrance and gorgeous interior with tiled floors, raised ceilings, beautiful curved fireplace with tiled hearth, great floor plan for entertaining. Kitchen and dining area flow to outdoor patio with pond, bar with additional seating. Nicely appointed kitchen with plenty of storage, large master bedroom on main level with 2 guest bedrooms upstairs and a loft, perfect for a study or workout area. Fully landscaped front and back – move in condition! Brand new roof in May, 2009. Nothing to do but enjoy your new home.

Photo of home for sale at 6105 Azuelo Avenue NW, Albuquerque NM

Price: $205,000

MLS#: 816229

Bedrooms: 3

Baths: 2 Full, 1 Partial

Sq Ft: 1928

Garage Spaces: 2

Acres: 0.10

Albuquerque Home For Sale

Photo of home for sale at 6105 Azuelo Avenue NW, Albuquerque NM

6105 Azuelo Ave NE

Albuquerque, NM 87120

 

 

 

 

 

8 Steps To Selling Your Home – Step 3

May 26th, 2014

Thank you for checking out my series on selling your home.  Visit any of the previous steps that you may have missed: Step 1, Step 2

Prepare your home. Most of us don’t keep our homes in “showroom” condition. We tend to overlook piles of boxes in the garage, broken porch lights, and doors or windows that stick. It’s time to break out of that owner’s mindset and get your house in tip-top shape. The condition of your home will affect how quickly it sells and the price the buyer is willing to offer. First impressions are the most important. Your real estate agent can help you take a fresh look at your home and suggest ways to stage it and make it more appealing to buyers.* A home with too much “personality” is harder to sell. Removing family photos, mementos and personalized decor will help buyers visualize the home as theirs.

* Make minor repairs and replacements. Small defects, such as a leaky faucet, a torn screen or a worn doormat, can ruin the buyer’s first impression.

* Clutter is a big no-no when showing your home to potential buyers. Make sure you have removed all knick-knacks from your shelves and cleared all your bathroom and kitchen counters to make every area seem as spacious as possible.

Visit my website at www.LivingABQ.com for more real estate info

8517 Ironside Ave NE (Albuquerque, New Mexico)

May 20th, 2014

Photo of home for sale at 8517 Ironside Avenue NE, Albuquerque NM

Fresh and modern! Updated kitchen with new cabinetry, cooking island, updated appliances, tiled floors, and new counter tops. Living room with stacked stone fireplace opens to covered patio, fully landscaped front and back with oversized storage shed and RV pad with back yard access. Master with updated bath, dual shower heads, hot water heater new in 2008, insulated and finished garage with workshop area. Move in ready, beautiful condition, immaculate throughout!

Photo of home for sale at 8517 Ironside Avenue NE, Albuquerque NM

Price:$200,000

MLS#: 814526

Bedrooms: 3

Baths: 1 Full, 1 Partial

Sq Ft: 1439

Garage Spaces: 2

Acres: 0.19

Albuquerque Home

Photo of home for sale at 8517 Ironside Avenue NE, Albuquerque NM

8517 Ironside Ave NE

Albuquerque, NM 87109

679 Black Hawk Dr NE (Albuquerque, New Mexico)

May 13th, 2014

Photo of home for sale at 679 Black Hawk Drive NE, Albuquerque NM

Stunning custom home with courtyard entry and exceptional light filled floor plan! Classic lines with fresh finishes. Continual updates/upgrades over the last 8 years include new stucco, Pella wood windows and sliding doors, bamboo flooring, new lighting, updated guest bath with custom tile work, exterior stone accents, roof new in 2006, 2 new Mastercools in 2011, all new interior solid wood doors, fresh paint throughout. Open kitchen with Hank’s House custom cabinetry, stainless appliances, and travertine flooring. Beautiful master retreat with private sitting area opening to patio, tranquil master bath, space planned master closet. Tremendous mountain orientation and wrap around patios and outdoor spaces perfect for entertaining. Lovingly maintained. A truly exceptional property.

Photo of home for sale at 679 Black Hawk Drive NE, Albuquerque NM

Price: $490,000

MLS#: 813670

Bedrooms: 4

Baths: 2 Full, 1 Partial

Sq Ft: 2824

Garage Spaces: 3

Acres: 0.6

Albuquerque Home

Photo of home for sale at 679 Black Hawk Drive NE, Albuquerque NM

679 Black Hawk Dr NE

Albuquerque, NM 87122

8 Steps To Selling Your Home – Step 2

May 6th, 2014

Thank you for checking out my series on selling your home.  Visit any of the previous steps that you may have missed: Step 1

Name your price

Your next objective should be to determine the best possible selling price for your house. Setting a fair asking price from the outset will generate the most activity from other real estate agents and buyers. You will need to take into account the condition of your home, what comparable homes in your neighborhood are selling for, and state of the overall market in your area. It’s often difficult to remain unbiased when putting a price on your home, so your real estate agent’s expertise is invaluable at this step. Your agent will know what comparable homes are selling for in your neighborhood and the average time those homes are sitting on the market. If you want a truly objective opinion about the price of your home, you could have an appraisal done. This typically costs a few hundred dollars. Remember: You’re always better off setting a fair market value price than setting your price too high. Studies show that homes priced higher than 3 percent of their market value take longer to sell. If your home sits on the market for too long, potential buyers may think there is something wrong with the property. Often, when this happens, the seller has to drop the price below market value to compete with newer, reasonably priced listings.

Read more at www.LivingABQ.com