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Selling a house is a complicated process. Whether the Real Estate market is good or bad. Whether you’re a first-time home seller or not, you’ll more than likely have questions. Do I need a real estate agent? What’s “closing”? How much paperwork am I going to have to fill out? How can I get the best price for my house? How can I sell my house and buy a new one at the same time?
Knowing the value of your house is key.It is important to get your home appraised; In a good market, the sale price can be 10 percent to 15 percent above the appraisal. In a weaker market, the sale price may be around the appraisal figure.
A home inspection is also important in avoiding complications during your sale. The seller will get an inspection, but discovering problems during a pre-sale home inspection allows you to have more control over how to handle them. If your home inspection does uncover problems with your home, it’s essential that you familiarize yourself with your state’s disclosure laws to avoid future litigation. These laws vary from state to state, but they generally require you to disclose, either verbally or in writing, the presence of any hazardous materials in your home or significant flaws in construction.
Since your house is one of the biggest investments you'll ever make, no one should judge you for being more than a little choosy about whom you hire to help sell or buy your home.