How to sell your home without an Agent, part 2.
- Check financing at least once a week with the mortgage Broker so that you can help the buyer
- understand their down payment and monthly payments.
- You will need to buy a amortization table from your local bookstore. Be prepared to explain loan types to prospects.. back end and front end ratios..You must understand this or you could spend months with a buyer who can not get financing.
Beware of contingent offers.. the property could be tied up for months or even years. The buyer could be a dealer who wants to hold the property as if it were a option that would be exercised only if another buyer is located.
Understand fully the tax consequences of the sale. Have you cosidered the advantages of a tax- free
exchange where you choose the property you recieve?
If you are determined to sell your home yourself, I wish you good luck. I will, however, be here if you would like to discuss some of the advantages of having agency representation.
Thanks..I hope you enjoyed this post.

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