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Once
you have accepted an offer to sell your house you will need
to make a list of all the things you must do, and a list of
all the things the buyer must do, in order to proceed successfully
to closing. The property may need to be formally appraised,
surveyed, inspected or repaired. Depending on the specifics
reached during the negotiations, you may pay for all, some,
or none of these items. If each procedure returns acceptable
results as defined by the contract, then the sale may continue.
If there are problems with the property the terms set forth
in the contract will dictate your next step. Depending on the
contract, you or the buyer may decide to walk away, open a
new round of negotiations, or close.
Your
agent can save you time and money by coordinating all the necessary
items that must be done to finalize the sale. Your agent will
be directly involved and keep you informed as to the results
of each action and what effect, if any, it will have on the
sale of the property. He or she will also help you coordinate
any actions you must take to keep the sale moving forward.
There are some sales that go smoothly and some that require
a lot of work to get to the closing table. Until you get into
it, you won't know which one you have on your hands. Either
way, your agent will be prove to be a valuable resource to
you.
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10 Steps to Selling Your House
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