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Selling a house is either harvest your investment, or
cutting your fresh for most of people. Most sellers
want to have highest selling price on the market. However,
there are no two exactly same houses. So, the price
of house will be tested on market once you put it on
the market.
There are a lot of “What to do” and “How to
do”. Hope, you can find out answers from followings.
After all, don’t hesitate to call or email your questions
to one of our agents.
Common Steps for Selling a House
Initial Meeting
Finding a real estate agent – who familiar the
local market
Discussing with agent/interior designer regarding
how to present your house
Discussing seller’s financial responsibilities – estimate
the cost of selling a house
Disclosure and inspection reports – do now or do later
1031 or not 1031 – rental property capital gain tax
defer
Preparation your House for Prospective Buyers
A good first impression can help sell your house
– exterior/roof, garden, wall, fence
A spotless interior will confirm first impression
– kitchen, bathroom
Staging is better, but it also cost more – do or do
not
Preparation your Financial Responsibilities
Real estate commission
Document preparation/transfer/recording fee
Payoff all loans in seller’s name/statement fee/prepayment
penalties
Tax peroration, HOA and any homeowner’s dues
Any bonds or assessments (according to contract)
Escrow fees and Title insurance premium (according
to contract)
Get an estimate cost from agent
Preparation Disclosure and Inspection Reports
Hazard Report, DTS
Termite inspection (according to contract)
Termite work (according to contract)
House inspection (according to contract)
House compliance work (according to contract)
Other disclosure and inspections according to real
estate law and contract
Open Escrow
Preliminary Title Report – real owner(s), liens,
and property
MLS Listing/Open House
Put house on the market by post a sign on property,
listing on MLS, Internet, Newspaper, and other media
Open House to show the property to potential Buyers
Accept an offer and Deliver Disclosure/Inspection
Reports
Seller can accept, or counter, or reject the offer
from a buyer
Once seller accept the offer, the seller signs the
escrow instructions, grant deed docs, and all required
docs to complete the transaction
Closing the Escrow
Instruct the title company to send balance
to you
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