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Saturday, August 15, 2009

How to Sell Your House: Tips for the First Time Home Seller

You obviously succeeded at being a first time home buyer, and now you are about to be a first time home seller! Below are 11 tips to selling your house faster and for more money:1. Make your house easy to show. Accompanied showings or 24 hours notice are will discourage most of your potential buyers who will view other houses they can see easily when it is convenient for them.2. Price it right. This may sound counterintuitive, but a house priced fairly will sell for more money than an overpriced home. You may think, "We'll aim high and negotiate...

Friday, August 14, 2009

How do Short Sales and Bank Owned Properties Differ?

Bank Owned Properties (REO)The property is owned by a local bank or a national mortgage servicer( from hereon I'll use the term Bank). All negotiations are made between a Buyer and an employee of the bank (as opposed to a homeowner). REO properties are almost always vacant and utilities may be turned off.Standard offers to purchase are used in addition to the required Bank's...

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