Simple Steps Required For Selling Your Residence Yourself


by Leo Kingston


Whenever I'm starting to plan how to sell my home, one of the many investment properties I have for sale, I get set to remember the various steps of selling a home. I remember that my first goal is to find a buyer who is interested in buying my house, and once I have that buyer, the goal changes. The next goal is making sure the buyer and the house make it through the mortgage loan qualification process. This has to happen before the transaction can close. And closing is, of course, the real goal. The moment my house is really sold is when the sale closes and all the paperwork is signed and recorded.

I am a real estate investor, so I routinely buy and sell houses as a career. In the process of my career I've grown very familiar with mortgage loan qualification and closing procedures, and I've learned that the whole process can take weeks, even under the best of circumstances. To close a real estate transaction takes patience. I find that checking to make sure documents are signed and delivered, and that other people keep up with their tasks, such as inspectors, title research and mortgage personnel and of course my agent, if I'm using one, can begin to feel like a juggling act. Whenever I think I know it all, everything about how to sell my home, that's when I learn something new about how to sell my home.

I'm sharing my process with you to make one important point. That point is - it takes more than finding the buyer to sell a house. You can see that it takes knowledge and patience, too. That's what agents really get paid for, not just finding house buyers. It's their expertise and skill helping homeowners get through the home selling process.

Although I know how to sell my home myself, I often decide to hire an agent to help me get through the closing process, which takes time and attention, when I'd rather focus on preparing another house to sell.

So, if you're prepared with the forms and the knowledge you need to sell your home, and you have patience to get through the closing process, I salute you! However, you may change your mind and choose a professional instead I make that decision each time I'm considering how to sell a house, and you may do the same. After all, you are the only person who should make that decision because you're the owner and the seller.




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