One thing that many sellers are concerned about is the money made from the sale of a home. It’s nice to have a fair amount of money that can be put towards the purchase of another home, a retirement property or other big-ticket items. However, the transaction may be subject to state or federal taxes.
What you don't know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we've put together a growing list of helpful resources about the home selling process. When you're ready, give The Chris Eckert Real Estate Team a call at 650-627-3799 to discuss how we can help sell your house.
One of the most commonly asked questions when a house is sold is what happens to the mortgage. This is a common concern for homeowners who still have a balance on their home loans. The lender still needs to be paid for the services rendered.
Selling property can take time. You must list your house and have it marketed. You will probably host several open house showings before you start receiving offers. Once you have accepted a specific offer, it may still take several weeks until the closing process has been completed.
Home sellers have a lot to think about. They must come up with an asking price for their home and start to market the property. They must get things in order for open house showings and come up with an asking price that’s appropriate for the current market conditions.
Does my Insurance cover me if I get evacuated? Most home policies include Loss of Use to cover your additional living costs if there’s a “covered loss” to your home. Most policies provide coverage for “Additional Living Expenses (ALE)” for up to 14 days if you are forced to evacuate by instruction from a
Some people choose to sell their homes themselves. There are various reasons why people go this route. There’s a good chance they won’t have the connections and years of experience that seasoned realtors have, but they may feel they can save thousands of dollars in realtor commission costs.