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Realtors across the country have noticed that people make mistakes when selling their home that can cost them thousands of dollars in the long run. Realtors nationwide encourage homeowners to avoid all of these mistakes that reduce the amount of profit a seller makes on the sale of their home. These critical thousand-dollar mistakes include the following: Many sellers refuse to make “profit-repairs”. There are several home improvements that a seller should make in order to increase of the value of their home. These repairs can also dramatically decrease the amount of time it takes to sell your home. A Realtor can advise you on what repairs to make. It is crucial for a seller to provide potential buyers with easy access to view the home. For example, if a buyer is interested, schedule a showing right away. A seller needs to be flexible with their time in order to sell their home. Many Realtors recommend that a seller be flexible when it comes to financing terms. Cash is not the only transaction that a seller can benefit from. A seller should take into consideration other financing terms that provide the seller with the highest yield. Use new, unorthodox methods to sell you home, such as advertisements on the Internet or a website specifically designed to sell your home. A Realtor will known of several new, sure-fire strategies to help sell your home. It is important that a seller chooses to put their house on the market when the cycle is just right. There are certain times of the year that are better for “home sales” make sure to put your house on the market during this time period. These five tips can help a seller to save and to make thousands of dollars in the sale of their home. An experienced Realtor can provide a seller with even more helpful tips.

Before a loan is granted to purchase a particular property, the property’s estimated market value must be professionally evaluated. This evaluation is undertaken by a licensed appraiser, assigned by the lender. Even if a buyer has already had the home appraised for his/her own information, the lender will only use the information obtained on the property by the lender’s own trusted appraiser. However, a seller may often benefit as well by having the property appraised in order to set a realistic selling price that reflects the homes overall worth. A seller’s agent can then use this appraisal and knowledge of current market conditions to help the property owner arrive at a selling price that should attract buyers, and still maintain an agreeable profit margin for the seller. Appraisals generally cost between $300/$500 dollars, and should be performed by a licensed, registered appraisal agent. A home appraisal is submitted by the appraiser in the form of a detailed home inspection report that will, among other things, include the following: Overall construction quality, including roof, windows, gutters, downspouts, inspection of exterior doors, etc. Heating/air conditioning systems, type and condition of floor coverings, condition of wall treatments, such as paneling, wallpaper and paint. Plumbing and electrical systems. Hot water heater. Prior to setting an appointment with the appraiser, the seller and his agent should inspect the property in order to find and correct any defects found that could negatively affect the ultimate appraisal value. Although the lenders property appraisal report will be the only one that counts, as far as the buyer is concerned, the seller, by having his own appraisal, will be in a much better position to evaluate the buyer’s offer.

The new season is a great reason to make and keep resolutions. Whether it’s eating right or cleaning out the garage, here are some tips for making and keeping resolutions.

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