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Thinking About Selling Your Home Yourself?
Welcome > For Sellers > Thinking About Selling Your Home Yourself? ...

 

 

There's More to Selling Your Home than a "For Sale" Sign In Your Front Yard: Beware. 

Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: 

"How does your home compare to others like it in Reston, Herndon and Ashburn?" 

"How did you determine the fair market value of this property?" 

"What about financing? Can you help?" 

"If I make an offer, who will draw up the paperwork?" 

"Why aren't you using a real estate agent? Is there something wrong with the property?" 

"Since you aren't using a real estate agent, we can take their fee right off the top, right?" 

Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value? 

Almost all homes are sold using a real estate agent. As top real estate professionals, it is our job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in Reston, Herndon and Ashburn and even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly. 

Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "Try to steal this one." 

If you must sell your own home, at least let us give you a sense of its true market value. Tell us a bit about your home, and We'll do a quick Comparative Market Analysis and let you know what we feel it is worth. We'll also describe, as experienced, top Reston, Herndon and Ashburn real estate agents, how we would market your property. This is free, with no strings attached. 

 

Don't price your home by yourself! It's our job to analyze the Reston, Herndon and Ashburn market and determine the true value of your property. It's FREE and without obligation... 

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Real Estate Tips
Short Sales >3. How to Prepare for a Short Sale

 

If a homeowner is facing foreclosure and wishes to explore short selling their home as an alternative, it is crucial to get help from a trusted real estate agent. With the agent’s help, this is how the homeowner will prepare to short sell their home:

  1. Agreement. The homeowner must get the lender to agree to sell the home at a loss.
  2. Documentation. If the lender agrees to a short sale, the homeowner will need to provide documentation to the lender indicating that he or she is financially incapable of paying for the loan. It depends on the lender, but the documentation usually required can include:
    • A hardship letter explaining why the homeowner is unable to pay the mortgage.
    • Recent tax return forms, W2 forms, and/or 1099s.
    • Recent paystubs.
    • Financial statement detailing list of assets and liabilities.
  3. Consultation. The last thing a financially stressed homeowner needs is more financial stress. The homeowner should consult with an attorney to find out whether or not difference between what the home is worth and what the home sells for will be taxed.
  4. Communication. Everyone needs to communicate during this process. The homeowner needs to communicate with the lender to make sure the lender has everything needed to apply for the short sale. The homeowner and the lender need to be in constant contact with potential buyers to make sure they stick around.
See All Tips In The "Short Sales" Category >
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Real Estate Trivia
Q 
What structure is regarded as the best surviving example of Pennsylvania Dutch architecture?

A 
The Georg Muller House in Milbach, PA, built in 1752.
See More Real Estate Trivia >


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713 Sterling Blvd N
3 3 -Beds, 2 -Baths, 1288 -Sq. Ft.
$269,000

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The Antonelli Team
Keller Williams Realty

11700 Plaza America Drive
Suite 150
Reston, VA 20190

Chris Antonelli Direct: 703-474-1011 . Fax: 703-679-1701

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