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Expect Unexpected Costs when Selling a Home

 

Selling a home is not only an arduous task, it can also be expensive if not done right. So here are some tips to help you expect the unexpected and come out on top.

First off, get pre-approved for a home loan. If you sell your house before you’re approved to buy another one, you could be in trouble. It will also give you a realistic amount when you’re shopping around for another home.

Next you’re going to want to find out how much your house is actually worth on the market. A real estate agent will help you with that. You can go a step further and get an appraisal, but it isn’t necessary if you use an experienced agent. This will help expedite a lot of processes later on in the sell, and give you a realistic idea of what to sell your home for.

Now you know roughly how much you can spend, now you need to find out how much selling the house is going to cost. When selling a house there are a lot of fees that people do not think about, such as various transfer and excise taxes, property taxes, and of course occasional HOA fees. There are dozens of fees you may not even be aware of, so ask your agent. You’re paying them to be helpful.

Now you’ve gotten all your numbers out of the way, it’s time to do some work and get your house ready for buyers. First you’ll need to make any repairs to your home, if you leave something untouched you’ll have more wary buyers, and probably get low offers for your home. Then you should work on the more cosmetic stuff. Think new paint, clean appliances, organized closets, sparkly windows. All of these things will impress buyers when they look at your home.

Lastly, when you’re ready to sell your home, get excited, but when a buyer comes, or your open house starts don’t stay. A loitering seller is a turn off to a lot of buyers, and It hinders showing activity. Plus a lot of agents like to speak privately to their clients when showing them a home, so you being gone will be the best option.

If you need an experienced Realtor or loan officer, check out NationalRealtyGroup.com and National1Mortgage.com.

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About National Realty Group

National Realty Group was founded in October 1991 by Jeff Maas. It started as a two man office but soon grew to a medium sized office. One of the original agents formed a new home development company soon after. Steven Walker Homes is now a large national home builder. Southfork Mortgage Company Corp. was founded in April 1990 by the owner of a large home builder. Jeff Maas stepped in as its Broker in September 1993. With the help of Jeff Evens, Jeff Maas was able to expand the company. In July 1994, the owner of Southfork retired and Jeff Maas and Jeff Evens purchased the company. They continued the growth and soon built it into a multi-million dollar corporation. National Realty Group remained separate until Jeff Maas sold it to Southfork Mortgage in 1996. This allowed the owners to expand National Realty Group while allowing its agents to provide mortgage services to their clients. In 1996, a branch office of Southfork and NRG was opened in San Bernardino. It was later moved to Redlands in the most well-known office in the city. In 1998, they opened an office in Temecula in the Temecula Valley Bank office. The offices were expanded and closed 45 million in real estate and loan transactions in 1998. In 1999, Jeff Maas purchased the company from Jeff Evens becoming sole owner and broker. Shortly after the name was changed to National One Mortgage Corp. The company outgrew its 3000 square foot office in Riversideand moved to a building of approximately 6000 square feet. The growth continued at a spectacular rate. The company grew to over 40 agents within one year. The expansion continued with the addition of 2800 square feet and later adding more space for a combined total of nearly 13,000 square feet. At our peak we had over 125 agents and 12 employees in the Riverside office alone. During the summer of 2003, we opened an office in Temecula at the corner of Rancho California and Margarita. This office was soon bursting at the seams with 42 agents and 3 full time employees. Due to the increased demand for our unique programs, by the public and real estate agents, offices were opened in Corona and Ontario in early 2005. The year saw more amazing growth with offices opening in Moreno Valley, Hemet, Las Vegas and Norco. Rancho Cucamonga and Phoenix opened the first part of 2006. A Murrieta office opened summer of 2007. The economy has not been kind to many real estate and mortgage companies. We have remained strong and successful. Our business model of a One-Stop Shop provides the exact service and convenience the Home-Buying public desires and needs.

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