- How should I prepare to sell my house?
You need to start by taking a close, objective look at the property. Walk around the exterior with a pad of paper and...
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- How is an asking price determined?
Asking price is usually set using a CMA or Comparable Market Analysis. This method uses location, recent sales for...
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- How do you come up with a price for a "one-of-a-kind" property?
In most cases, there are several similar factors that can be used to help determine the basic value of a distinctive...
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- What is the difference between an appraisal and a CMA?
An appraisal is performed by a certified appraiser who uses comparable homes in the area, condition of the property,...
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- What is the difference between sales price and assessed value?
The selling price of a home is the value placed on it based upon other home sales in the area, condition of the...
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- How do you determine the value of a distressed property?
The best way to determine the value of a distressed property is to find a value based on comparable homes in the area....
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- Can I sell my home for less than what I owe on it?
Yes. When a property sells for less than what is owed on it, it is called a "shortsale". In these cases, you...
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- Should I price my home high for a little while to see what happens?
If a property is overpriced, it has a tendency to sell other homes in the area, all the while keeping your property on...
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- What repairs should I make before selling?
While you want to be sure your home is as appealing to potential buyers as possible, you need to be careful not to...
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- Is it better to make repairs before I sell or lower the price for the buyer to do them?
Certain repairs can bring you a return on your investment. Others, however, regardless of how much you spend, won't add...
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- Explain the difference between a "Buyer's market" and a "Seller's market."
A "Buyer's market" is when there are more homes for sale than buyers looking for homes. In this instance, the...
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- How can I sell my house in a slow market?
There are a number of creative marketing strategies to use in a slow market. The biggest factor during these times is...
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- Is taking pictures of the inside of my house a security risk?
Using a professional Real Estate Agent to sell your home greatly decreases the risk of having your home...
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- How do I get my home ready for showings?
You may want to keep some cleaning supplies convenient to take care of any quick "sprucing up" before a...
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- Whose obligation is it to disclose information about a property?
It is the ultimately the seller's obligation to disclose any known defects or other pertinent information about the...
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- Is a pre-approved buyer better than a pre-qualified one?
A pre-qualification is a letter from a lender stating that, based on income and a rough idea of expenses, the buyer may...
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- Are verbal offers legally binding?
Verbal offers to purchase Real Estate are not accepted in Massachusetts. All offers must be made in writing. In most...
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- What happens when a buyer makes an offer?
When you receive an offer from a buyer, you have three options. You can accept the offered price and terms, you could...
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- What if the offered price isn't what we wanted?
If we determine that the price offered just can't be accepted, we can counter. Making a counter offer is a part of...
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- What contingencies are usually put in an offer?
Most offers include two standard contingencies: an inspection contingency, which allows buyers to have professionals...
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