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    Watch Out: Common Things That Sellers Try To Hide

    Home sellers are often looking for ways to sell their homes easier and market them to more potential buyers. Unfortunately, many home sellers will go to extreme lengths to hide things that might bring down their buying price, repel a certain type of buyer, or prevent anyone from buying the home altogether. These things are often minor, but can make a big difference to the people who are buying a home. For example, something that may be a small annoyance to the current owners of the home may be a big drawback to those who are thinking about purchasing a new home. Exterior Features Exterior features that many home sellers try to hide include a cracked or faulty sidewalk, unattractive outside materials, and even soil that is not conducive to a good grass growing environment. These features may be minor and may only be something that would be quick to fix, but buyers can use these features to help bring down the cost of the home. This would cause the home sellers...
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    4 Upgrades to Make Before Selling

    Selling a home is a major step – you can profit from selling your property or end up losing money if your home is not listed for the right price. While a real estate agent is able to help you know exactly what your house’s listing price should be, there are some things you can do to increase your property value before listing time. Making upgrades is one of the easiest ways to make your home more valuable and increase your chances of seeing a quick sale. Flooring Floors are one of the most common upgrades for people who are selling their home, and rightfully so. One of the first things that many people look at when they are looking at a home is the flooring. Bad flooring that is stained, ripped, or outdated will turn many buyers off and could be the difference between a higher offer and no offer at all. You can update your floors by putting hardwood in, installing new carpet, or retiling the bathrooms of the...
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    A Breakdown of Closing Costs

    Closing costs are something that both sellers and buyers have to deal with, but many individuals do not understand everything that is behind the closing costs. Buyers are usually responsible for closing costs, but some circumstances – such as specific loans and purchasing agreements – can leave the sellers responsible for closing costs. These costs are generally due at the time the home is purchased and can add anywhere from 2 to 5 percent of the cost of the home onto the mortgage. Lenders are generally able to estimate the closing costs and must let the buyers know what the closing costs will be within three days of the processing of the loan. What is included in closing costs? Depending on the area you are in and the type of home you are purchasing, the closing costs can be made up of various factors. Generally, closing costs include the cost for processing the loan, title insurance, appraisal fees, fees associated with the title search, and the recording fee. Closing costs are basically...
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