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Down Payments – Get Creative
One of the biggest hurdles to buying a home is the down payment. Saving up a chunk of change can be difficult, so getting creative is a key.
Down Payments
The amount of your down payment is dependent upon many potential issues, but two come to...
Honeymooning in the Poconos -
In 1945, a soldier named Rudolf Von Hoevenberg opened the first resort for honeymooners -- called “The Farm on the Hill”. He started a trend for many more honeymoon-type resort entrepreneurs to open business and "couples only" resorts were born....
How to buy land for new home
You've found the perfect house, but the land it sits on isn't quite what you have in mind. Or maybe you've seen a great piece of land, but the house doesn't fit your needs. If nothing really says home to you, it might be time to consider building. ...
Selling a Home – What Personal Property Stays?
The home selling and buying process can be confusing, particularly when it comes to figuring out what items stay with the home. This is especially true when it is a FSBO (for sale by owner) operation. It’s even tougher when neither the seller nor...
Should I Buy This Home – Heating Issues
When considering whether you should buy a home, heating issues are something you should take a close look at. This is particularly true with rising energy costs.
Heating Issues
As you inspect potential homes, heating issues should be foremost...
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Sell A Home For Free
When selling or buying a home, the realtor commissions can take a serious bite out of your profit. Here’s a primer on how to sell a home for free without commissions.
Sell A Home For Free
When many people think of a real estate sale, they immediately groan at the thought of dealing with real estate agents. More painful, for many, is the thought of paying a six percent commission to an agent. In the last five years, the real estate market has seen a significant increase in the number of people who sell their home without using agents.
A property sold without a real estate agent is known as a FSBO, which simply means for sale by owner. If you take a look at the real estate classifieds in the Sunday edition of your local paper, you should see plenty of FSBO listings. With the increasing popularity of the Internet, there are numerous sites such as FSBOAmerica.org that provide national listings online for free viewing by potential buyers. This is giving rise to a fundamental change in the real estate industry.
Prior to the Internet exploding onto the scene, selling or buying real estate could be a major time killer. One typically signed on with a real estate agent to get listed in the multiple listing services. If you wanted to find a buyer, you needed to be in the listing and have open houses and so on.
Many buyers, however, now look to Internet listing sites to develop a list of homes they are interested in. These sites typically contain detailed information on the homes as well as numerous pictures. Put another way, the buyer no
longer has to spend entire weekends looking at homes that simply don’t interest him or her. The buyer can now do all of the initial work online. If they decide to come see your property, they are already pretty serious about making an offer and typically just want to make sure the pictures and information are accurate.
For many sellers, the power of the Internet makes real estate agents an unnecessary expense. Why pay six percent of the sales price as a commission when buyers are coming from online listings of the site? As a seller, you can create these listings online and expect to pay twenty five dollars or so a month to keep your listing up. With this being the case, why would you pay a commission to an agent?
If your goal is to sell a home for free, without a real estate commission, the Internet is your best option. Real estate transactions are very straightforward and you can pick up all the forms you’ll need at the local book store.
About the Author: Raynor James is with the FSBO site - http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our "sell my home" page - http://www.fsboamerica.org/seller.cfm - to sell your house yourself with a free 1 month listing.
Source: www.isnare.com
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