Property AppealMake a good first impression – de-clutter and clean. Residential or commercial sales appeal, starts with thorough interior and exterior clean-up. Attention to basements, appliances, floors, windows and walls are musts. Updated kitchens and bathrooms are important to buyers. Don’t forget to freshen-up outside. Power wash exterior walls, landscape the yard, and paint columns and doors.Market PricingHave a Comparative Market Analysis “CMA” prepared. It will help you decide on a current market price. Consultant with a Realtor.Market Your PropertyExposure and safety are key factors in this phase of the selling process. It is important to have in-place structures of accountability while marketing your property. Working with a professional provides that level of assurance while putting your property in front of interested buyers.
Contracts and SettlementThere may be contingencies to Purchase Agreements (contracts). Loan approvals contingencies - property values and conditions are based upon Property Apprasial values and Property Inspection reports. A poor Property Inspection report can cause a loss. If the value of the property after appraisal does not get to the asking price, a loan may not be approved. Other considerations - negotiating concessions on property repairs may keep a transaction in play. At settlement, expect to pay land recordation fees, settlement company fees, taxes (must be up-to-date), and liens (found by a title company).In closing, property appeal, market pricing, contract negotiation and what to expect at settlement are major points of consideration in real estate sales transactions.
Keller Williams Preferred Properties1441 McCormick Dr., Suite 1020Upper Marlboro, MD 20774Office: 240-737-5000
Keller Williams Perferred Properties1441 McCormick Dr, Suite 1020Upper Marlboro, MD 20774Office: 240-737-5000