Tips about selling your home and moving ?

Y

Y

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Wonder if anyone had any experience selling his/her house
and then buy another home ? What did you learn most
from your experience with realtors etc ?
Any tips about selling and moving ? If you started
all over again, what would you do to make the best
out of this situation ?

NOTE: This thread is for anyone who already own
house/condo (if you never own one, then do NOT bother
to reply to this thread, thanks)
 
Always have a house inspection done before buying a house otherwise you will ended up costly repairing. Duh my exh and now my mobile home is in need of repairing but I aint gotta get it done cuz I will sell it as it for cheaper price. I just wanted to get out of here and get a house. :D Yea I have no choice.
 
Pomeranian said:
Always have a house inspection done before buying a house otherwise you will ended up costly repairing. Duh my exh and now my mobile home is in need of repairing but I aint gotta get it done cuz I will sell it as it for cheaper price. I just wanted to get out of here and get a house. :D Yea I have no choice.
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Thanks for this valuable tip about getting inspection done.
I assume that everyone should get inspection done
on BOTH new and used houses. U mean that you already
put your mobile home on market with a realtor ?
Hope it will be sold soon so that way you can get a house.
 
Just did the selling a house and buying a house in a new city myself.

1) Get realtors you trust. Don't just settle for someone. Get to know them, get some references, get a feeling for how much they'll go out of their way to make a sale on your home for the right price. Don't get the one that promises you the highest or lowest price, get the ones that have the time to focus on marketing your home and showing it.

2) I second the notion of getting a house inspection on the new house. I saved myself hundreds of dollars in repairs by having the old homeowner fix things before I buy. The inspection was something like $300 both times, and caught things like leaky toilets, broken dishwashers, missing roof shingles, and other problems.

3) Make sure you LIKE where all the permanent stuff is in the house -- you can mess with paint, furniture, cleaning, bug spray etc. but you CAN'T mess with where the walls are, where the outlets are, where the stairs are, where the basement is, where the plumbing is, where the furnace is, where the trees are, and where bug damage is already done. Well, not unless you want to pay a lot more money to change that stuff. Bottom line, if all it needs is a new coat of paint to make you happy, GET IT.
 
Thank u so much for these good tips, Dennis....

One more thing I found out recently that
if I hire an inspector for electric that
would be about $200 for him to check
all the electricity for safety.

I met a few realtors trying to decide about
choose which realtors do I feel comfortable,
but somehow I met 2 realtors from the
same company "Weichert" even though
their offices are at a different locations.
I MUST choose only one because I have to
pay 6 percent commission

I assume that I can tell that one of them
is a very Good realtor because I almost
always see her name on the For Sale sign
and almost always SOLD.

How can you tell if she/he is a Good Realtor ?
 
Y said:
Thank u so much for these good tips, Dennis....

One more thing I found out recently that
if I hire an inspector for electric that
would be about $200 for him to check
all the electricity for safety.

I met a few realtors trying to decide about
choose which realtors do I feel comfortable,
but somehow I met 2 realtors from the
same company "Weichert" even though
their offices are at a different locations.
I MUST choose only one because I have to
pay 6 percent commission

I assume that I can tell that one of them
is a very Good realtor because I almost
always see her name on the For Sale sign
and almost always SOLD.

How can you tell if she/he is a Good Realtor ?
Click to expand...


pay 6 percent commission..when i bought new home without pay commission. you can find anywhere near realtors location and do homework to compare percent commission. there are some low as 1 or 2% depond on how you can make deal your realtor.
P.S. right now mortgage rate is high.
 
I know this is a small item but it can mean huge dollars to you as either a seller or buyer and I THINK the law's still in effect: If you buy from or sell to an armed forces veteran, expect to pay closing costs for BOTH you and the buyer or seller.

It happened to me and I knew it going in but it was back in the 80's when real estate was hot. I sold my house to a Vietnam veteran and I was alright/"proud" with paying his closing costs since I made a huge profit!
 
I'd rather sell all my holdings and have my mom design and build my next home.

My mom designed the mansion she's living in now and she designed the family's first house in California.

Richard
 
TFWFalcon said:
pay 6 percent commission..when i bought new home without pay commission. you can find anywhere near realtors location and do homework to compare percent commission. there are some low as 1 or 2% depond on how you can make deal your realtor.
P.S. right now mortgage rate is high.
Click to expand...

Yeah whenever I buy home, I do NOT have to pay 6% commission.

BUT, whenever I sell home then I should pay 6% commission.

I was told from someone else if I pay only 1 or 2 percent then
they were harder to sell. Ugh ?
 
Tousi said:
I know this is a small item but it can mean huge dollars to you as either a seller or buyer and I THINK the law's still in effect: If you buy from or sell to an armed forces veteran, expect to pay closing costs for BOTH you and the buyer or seller.

It happened to me and I knew it going in but it was back in the 80's when real estate was hot. I sold my house to a Vietnam veteran and I was alright/"proud" with paying his closing costs since I made a huge profit!
Click to expand...

Interesting I just spoke with one realtor who said
that it's up to me if I want to pay for closing costs.
 
Nesmuth said:
I'd rather sell all my holdings and have my mom design and build my next home.

My mom designed the mansion she's living in now and she designed the family's first house in California.

Richard
Click to expand...


I guess you like the way your Mom's design ideas
and trust her more than anyone else.
 
I wonder if there will be any Problem if
I talked with 2 realtors (even though I have
NOT choose one yet, no signature yet)
They both came from the same company.
They did NOT know that I talked with
them at different times because I wanted
to compare and then choose 1.

Would this be any problem ?
 
Y said:
Yeah whenever I buy home, I do NOT have to pay 6% commission.

BUT, whenever I sell home then I should pay 6% commission.

I was told from someone else if I pay only 1 or 2 percent then
they were harder to sell. Ugh ?
Click to expand...

depond on if you got lucky then good deal. Several people said it was hard to sell but for mortgage interest is high then would be harder to sell.
 
Really there is no such thing as perfect realtor! It depends on the location! Need to find a realtor that knows alot about specific area. For example, you wouldn't want to get top rated realtor that do most business 50 miles away from your area. Why? Because these realtor don't know your "Community" well and probably won't advertise to right audience. Those realtor who knows inside and outside of your community would do far better in "Selling" at the top possible offer. Here, I noticed that Re/max is doing well in my area, even though Nothnagle is really top agency in my home area, but problem is Nothnagle does not do much marketing here in my area. So again it is best to get right realtor that knows your area!
 
As far as I know there is no such law that would force you to replace the furnace. The only thing that would force you to replace furnace is if you caught yourself with serious problem like Carbon monoxide leaks. Or as Murphy's law, if it would... blow up... hope your still alive to get em replaced. There is no one that would go to each door to check every damn furnace and would say, gotcha! you gotta to change your furnace right now! Have you seen these people, eh? Im sure not!

TFWFalcon said:
i agree with you. Only i know about furance that over 15 years old then have to inspection every years. Some they have to force to replace new one. I dont know other states do require. For GalaxyAngel..I dont expert about Canada laws.
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Interest rate really depends on your credit rating. The better credit score you got, the cheaper the interest rate it would be. 1/2 percent of interest rate does make HUGE difference!

TFWFalcon said:
depond on if you got lucky then good deal. Several people said it was hard to sell but for mortgage interest is high then would be harder to sell.
Click to expand...
 
diehardbiker65 said:
Really there is no such thing as perfect realtor! It depends on the location! Need to find a realtor that knows alot about specific area. For example, you wouldn't want to get top rated realtor that do most business 50 miles away from your area. Why? Because these realtor don't know your "Community" well and probably won't advertise to right audience. Those realtor who knows inside and outside of your community would do far better in "Selling" at the top possible offer. Here, I noticed that Re/max is doing well in my area, even though Nothnagle is really top agency in my home area, but problem is Nothnagle does not do much marketing here in my area. So again it is best to get right realtor that knows your area!
Click to expand...


Yeah, I agree I think I found one Good realtor
from Weichert. She almost always sell and
sold many 3-story condos here.
Funny thing she always send me postcard
every month and new calendar every year for
more than 10 years !! I had a recent conversation
with someone else from NTID he told me that
condos are very hard to sell and un-popular
in Rochester NY area anyway... He realize that
it's completely a different kind of market around here
Condos are very popular here (in Northern Virginia).

I look forward to start a new life far away
from this area anyway....
:thumb:
 
TFWFalcon said:
depond on if you got lucky then good deal. Several people said it was hard to sell but for mortgage interest is high then would be harder to sell.
Click to expand...

Yeah I agree I have to swallow hard trying my best...

I wish that Greenspan guy stays here Sigh...
:D
 
A home inspection, among other things, is required for a house when it goes on the market, depending on the area. Also, never buy a manufactured home (I used to have one), as they are not considered "real estate" but "personal property." Most lenders won't allow it; the ones that do will jack your interest rate up past the 2-digit number (i.e. more than ten percent).

Lastly, find out how many points are deducted off the top before you get the money for the mortgage.
 
I'm a deaf realtor in Minnesota. You do not always have to pay 6%. Shop around until you find a realtor that will sell your home for less. (Not 1 or 2 % though!)

Regarding home inspections, it's always a very good idea to do a home inspection on any home that's at least a couple years old. If you're buying brand new or doing new construction, it's not as necessary as there is usually a builder's warranty - this can vary by state though.
 
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