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How to Write a Counter Offer to the Purchase Offer
Everyone who is selling a home longs for the day when they will receive an offer to purchase it. If the terms that the purchaser is offering are not acceptable, the seller of the home can make a...
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How to Sell a House Fast in Real Estate
Several reasons exist to sell a house fast in real estate. A shortage of funds may require a current house to sell before a dream house can be purchased. A job transfer out of state may require a quick...
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How Do I Get My Home on the MLS?
A multiple listing service (MLS) is a market area database of property listings used by professionals in the real estate field. Typically, when a seller enters into a listing agreement with a real...
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How to Sell Your Florida Condo
If you're trying to sell a condo in Florida, highlight the advantages such as amenities, desirable weather and the surrounding community, and put the word out in as many places as possible.
View ArticleHow to Determine the Value of Real Estate
Whether you're selling property or just curious, it helps to understand how to find a home's value. A home's value is determined by a variety of factors, such as number of bedrooms, bathrooms, square...
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Property Assessment Vs. Sale Value
The value of a home is a crucial issue for a homeowner who wants to sell the property, ideally for the highest possible price. But different valuation methodologies and purposes may come up with...
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How the Owner Can Sell a Home in Pennsylvania
Homeowners in Pennsylvania can sell a home themselves without the involvement of a Realtor. This procedure, known as FSBO (for sale by owner), still requires services by a real estate attorney or title...
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Short Sales Defined
A short sale on a home does not mean a quick sale. A short sale is an agreement between a homeowner and a mortgage company to sell the home for less than the current mortgage balance. A short sale is a...
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How to Create Real Estate Leads & Sales
To build a profitable real estate business, a salesperson must prospect for one to three hours per day looking for people who not only want to sell their homes, but who would also like to buy from your...
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How to Sell a Home With FHA Financing
Selling a home can be confusing. FHA home loans are government insured loans offering buyers low down payments of 3.5 percent and favorable loan terms in relation to flexibility and interest rates....
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How to Sell a Condo Fast
To sell any piece of real estate quickly the seller needs to ensure that the property is brought to the attention of willing buyers who are in the market to buy now. Whether the condo is listed with a...
View ArticleHow to Calculate the Value of a House
Consumers may need to calculate home values when selling a property or refinancing their homes. The value of a home depends on a variety of factors such as property size, location and condition of the...
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Real Estate Short Sale Tax Consequences
In a short sale, the mortgage lender contractually agrees to accept a payoff of less than what is owed on a mortgage loan during the course of a real estate sale. Short sales are taxed under the same...
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How to Get a Fair Home Appraisal
A home appraisal is an official evaluation of a home's value. Factors that determine a home's value are its state of repair, location, number of bedrooms and bathrooms, livable square footage and...
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Description of a Quitclaim Deed
A quitclaim deed is a simplified document conveying property from an owner to another person. It does not have any effect on the original owner's financial obligations to the property. If a mortgage...
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How to Finance a Home by Owner
Homeowners wishing to sell their house and hold the financing (often referred to as seller financing or the owner "holding the note") for a buyer can do so by setting financing terms like those found...
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How to Fix Up a House & Sell it Fast
Fixing up a house for sale requires more thought and preparation than it did during the real estate boom. Prices have dropped and it has become a buyer's market. That means that the seller has to stand...
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The Best Way to Sell a House by Owner
Sell your house by owner and keep more of your profit. The sale of real property is a legal transaction. The contract is binding, and both parties are expected to perform as the contract dictates. Even...
View ArticleHow to Get a House Valuation
Home appreciation varies by metropolitan area, according to MSN Money. Homeowners may wonder about a home's value when planning to refinance or sell a home. For example, a homeowner interested in...
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What Happens to a Property Short Sale After a Bankruptcy?
The short sale of a property is an agreement that is reached between the owner and the lender as an alternative to foreclosure. In these cases the agreement is that the property will be sold to a new...
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Description of a Short Sale of a House
According to the National Association of Realtors, a short sale is a home sale in which the mortgage holder agrees to accept less than the loan balance. Typically, homeowners participate in a short...
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Factors Affecting the Determination of Residential Property Prices
When a homeowner sells a house or has an appraisal, there is a certain level of certainty involved. One would like to think that he knows the value of his property. If offers or appraisals come back...
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What Are Seller's Rights for a Short Sale?
When a seller engages in the short-sale process it is typically as a last resort to avoid foreclosure. It is usually a result of a long-term problem that will prevent them from bringing a past-due...
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How Does a Short Sale Hurt Your Credit?
A short sale is otherwise referred to as a pre-foreclosure. With the short sale process, a lender agrees with a seller to settle the mortgage debt for less than the balance, pending a successful sale...
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How to Find House Values
House values vary based on the area and market conditions. A home's value may fluctuate throughout the year. Homeowners need to know the value of a property for a variety of reasons, including...
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How to Sell a Home by Owner in Arizona
The housing market in Arizona has its ups and downs, just like any city. When the market is hot, buyers will line up with offers for the chance to talk to you about buying your home; when it's slow,...
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Explanation of Short Sale in Real Estate
A short sale in real estate is when a mortgage lender contractually accepts a selling price for a property that is less than the amount owed on the loan to avoid foreclosure. Depending on the original...
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How to Make Flyers Directly From MLS
MLS.com is a website that advertises homes for sale in the Multiple Listing Service. If you are selling your home flyers are a good way to advertise that your home is for sale. Likewise, if you are...
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How to Advertise for Sale by Owner
Using a real estate agent to sell your home can be an expensive venture. Each agent in the deal typically receives 3 percent of the final sales price. For example, if you were to sell your house for...
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How to Assess the Market Value of Property
Market value is important to homeowners planning on selling or refinancing a home. The value of a property is based on a variety of factors, such as square footage, location, condition of the home and...
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How to Calculate Your Current Home Value
There are several reasons it is important for a family to know the value of their home. The family may be looking to relocate and must sell the home. They may also be inquiring about receiving a home...
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How Do Banks Sell Homes That Are for Short Sale?
When a bank agrees to sell a home using a short sale process, it is agreeing to accept less than the mortgage balance owed by the current owner. Pricing and marketing a home for less than its market...
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Writing a Contract to Sell a Home
The sale of a home is a legal transaction. If you have put a for sale sign in your yard and found a ready and willing buyer the next step is agreeing on the terms of the sale. The sales contract is a...
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How to Submit a Short Sale
A short sale is an alternative to foreclosure. It allows the homeowners to sell the property for less than what they owe to the bank and settle the debt upon a successful sale. Before a property can be...
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How to Plan an Open House
Hosting an open house allows prospective buyers to tour your home. To attract a buyer, get your house in top shape before the big day.
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Definition of a Realty Short Sale
A short sale is an alternative to foreclosure or bankruptcy whereby a homeowner can sell his house for less money than is owed on the mortgage note. When a homeowner can no longer make the mortgage...
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How to List Your Home for Sale
When you're ready to sell your home, you need people to know it's on the market. Your first step is to list the home for sale. The most popular way to list a home is on a Multiple Listing Service, or...
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How to Understand the Short Sale Process
A short sale occurs when the mortgagor, or lender, allows you, the borrower, to sell the property for less than the unpaid balance on the mortgage loan. One benefit of a short sale is that it can help...
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How to Sell My Ugly House
Selling a house that is in need of repair for the full market value is a tall order. When a potential buyer thinks the seller has little pride of ownership, he will use that to his advantage by trying...
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How to Calculate Resale Value
Resale value is the amount of money you get if you sell something you already own. Whether you are selling a car, a house, a boat, or something smaller, knowing the resale value will help you to...
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Fast House Sale Tips
Your house is up for sale but it's not selling as fast as you'd like. Try practicing a few tips that can sell your house fast. If you're already tried these suggestions, try stepping it up a notch. For...
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What Are the Benefits for the Seller of a Land Contract?
Land contracts are sometimes called Trust Deeds, Deeds of Trust, Notes, Contract for Deed, or Privately Held Mortgages. No matter what they're called, a land contract means that the buyer of a property...
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Creative Strategies to Sell My House in a Soft Market
Unfortunately, making a profit when selling a home isn't always easy. The housing market fluctuates regularly, and in some cases selling becomes particularly difficult as the demand for houses grinds...
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California Real Estate Disclosure Requirements
No matter how badly you want or need to sell your home or other property, the law requires that you come clean with potential buyers regarding anything that might detract from its salability. This is...
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Real Estate Short Sale Requirements
In the mortgage industry, the term "upside down" refers to a home loan amount that is greater than the actual value of the property. Some homeowners may be able to ride out a tough selling market while...
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Real Estate Short Sale Facts
Homeowners who consider a short sale often do so when they can no longer afford the monthly mortgage payment. Short sales are a way to avoid foreclosure as long as the lending mortgage company agrees...
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How to Sell Timeshares Without Paying Commissions
A timeshare can be sold just like any other piece of real estate. There are companies that specialize in the sale and resale of timeshares, and they can handle the marketing, trying to find a buyer...
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Definition of Market Value in Real Estate
Market value is a crucial term for home buyers and sellers who must arrive at an agreed-on price for the home. The term shouldn't be confused with appraised value, which refers to an appraiser's...
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How to Handle Closing Paperwork on a For Sale by Owner Sale
You may have chosen to sell your home without the help of a real estate agent. Whether you chose this route to save money or because you already have a buyer, closing on the deal requires you and the...
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Rules on Capital Gains When Selling a House
If you sell your home for a profit, you are likely to incur capital gains. It is important to understand what capital gains tax is and how it may impact the profit on the sale of your home. Depending...
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