Tips For Selling Your Home
Here are some tips for selling your home! The first two things you need to do are Find a Realtor and Find a Lender. Second, you need to get Pre-Approved for a home loan to purchase your next home to ensure you won’t be homeless after you sell your home. Feel free to contact us if you haven’t been qualified as we’re happy to help with the Home Loan Process. #ShamelessPlug
Our goal is to educate you as a Seller so that you can make informed decisions throughout the process and do your best to advocate a smooth, on-time closing for the sale of your home. In exchange making the coolest Mortgage Resource Library we ask that you contact us if you need a home loan. As one of the best mortgage lenders in Dallas we’re happy to help was you through the Home Loan Process.
Seller’s Timeline and Process
Timeline / Process: list the house, make ready for showings, accept offer, option period, (get your PQ / don’t updated) , inspection, appraisal
Get House Listed
Execute A Contract
Option Period Begins – Typically 10 days / Financing Period Begins
Home Inspection and Other Inspections
Appraisal is Completed
Option Period Ends
Lending Working File
Instructions to Title
HUD Prepared and Finalized
Closing – 15 min
A seller's net sheet estimates how much money you'll get from the sale of your home. We created a fancy Excel spreadsheet that estimates a seller's closing costs. Learn about the selling process and how to avoid pitfalls and maximize your profit.
Greatest Fears When Selling Your Home
Your greatest fear when selling your home is accepting an offer, taking your home off the marketing, and then not closing because of some issue with the buyer. Not every mortgage broker can be among the best ...
Now that you know what Questions To Ask About A Lender you now need to ask the mortgage lender about your buyer. Here are some suggested questions that we recommend asking to ultimately determine if a home buyer is qualified and able to close on-time.
Despite having a pre-qualification letter or a pre-approval letter, it is possible that buyers may not qualify down the road. This bodes the question: how can a seller tell if a buyer is truly qualified to purchase a home? To reduce your risk when...
Write A Lender Friendly Contract
While everything is technically negotiable between a buyer and a seller, there are certain sections of a purchase contract that need to meet a lender's requirements. Below are the most common items that...
Why A Mortgage Lender Won't Use Your Survey
When listing your home for sale in Texas and negotiating with the buyer, a survey will be required at closing if the buyer is getting a home loan. In most cases, sellers have an existing survey that...
Home Inspections and Appraisals
When selling your home you should prepare for a home inspection and an appraisal as though you were buying the house. Home inspections are not mandatory for most loans; however, most buyers will get a home inspection A...
You only get one first impression - so make it a good one. Once an appraisal is completed and a value is assessed, it is very difficult for an Appraiser to adjust that value without having new information that warrants significant reconsideration.
Checklist For Moving Out Of Your Home
We're going to assume you know the basics about moving: such as creating a budget, scheduling movers, getting packing supplies, coordinating storage, etc. The following checklist for moving out of your home is...