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5 Steps Before Home Selling

House with a for sale sign

Don't even think about putting your home on the market before you've done your homework. Here are 5 steps to ensure a pain-free home selling process.

Home Buying / Selling Spotlight10

How Clean to Leave the House Upon Sale

Wednesday April 16, 2014
Sellers often ask me how clean they have to clean the house upon sale.

I don't try to analyze why a seller would ask the question because that would be a waste of time. The fact is they ask it. They are worried, I guess, that they might not make the buyers happy or maybe they just don't want to do any extra work? While it's not necessary to scrub the house from top to bottom, there are common courtesy things a seller should do while cleaning the house for the new owners upon sale. Leaving a bottle of champagne in the refrigerator is a nice touch, too, but not required.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

Most Home Buyers Take Out a Home Mortgage

Monday April 14, 2014
Until you decide to buy a home, you probably have not thought much about a home loan nor wondered why it is called a mortgage.

Many people might not even consider a home loan to be a mortgage because it's an unfamiliar term. You get a loan to buy a car but you get a mortgage to buy a home. Is there a difference between the loans? Yes, there is a big difference, especially how the interest rate is calculated. Mortgages are generally amortized using a different set of rules. If you paid off a 30-year mortgage over the full 30 years, you will probably pay 3 times as much as you initially paid for the home. Maybe more.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

It's Best to Limit Home Feature Requirements for a Search

Friday April 11, 2014
Setting up home features that operate as restrictive search parameters to find a home work best when there are a lot of homes for sale on the market.

It doesn't seem to work so well when the features are so precise that none of the homes will match exactly. If you don't get an exact match, then you won't get any homes to look at. It's much better to give yourself broad search parameters and look for common features such as 3 bedrooms and 2 baths, and then consider whether you're willing to buy a home that doesn't have all of the features you might prefer.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

Should Sellers and Buyers Meet While Showing the Home?

Wednesday April 9, 2014
Some agents don't see any harm in letting sellers meet buyers while showing the home, but these agents are taking a chance that both parties will not judge each other nor discriminate nor otherwise talk themselves out of a transaction. There are plenty of sellers who want to talk to buyers. Not only do they want to talk to buyers, but some sellers believe they can do a better job by talking directly to buyers than their agent can do. They could be right, but they could also say something that could be very detrimental without realizing it. It makes me want to shake people by the shoulders, look them squarely in the eye and say, "Repeat after me, everything you say can and will be used against you." But they would just look at me like I'm nuts and laugh, "I'm not under arrest."

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

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