There are all kinds of articles on the web for first time buyers. Plenty of advice, including seminars, classes and such. But rarely do I hear someone talking about first time sellers and the questions they may have. Yes, first time sellers have been on the other side of the transaction once, but the needs of a seller are quite different from the needs of buyer.
To read the full article please click through to it on miOaklandCounty.com
If this is the first time you are selling a Michigan home, here are some things you may not know:
You will find no shortage of our thoughts on selling a home in Seller Information. Our Dear Mr. & Mrs. Seller series contains some of our best advice and commentary on selling a home.
If you are a first time Michigan home seller and need assistance, call Maureen Francis at 248.961.0801.
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Has anyone had a post disappear? This one vaporized a few minutes ago, so I am reposting.
Now you see it, now you don't. It must have been in edit when I tried to comment a minute ago.
Yes. First time home sellers DO need help. I'm meeting with a couple this morning who are selling their first home, a small town home that they struggled to buy about 5 years ago. I sold them a new home to be delivered in Sept.
I suspect that our meeting this a.m. will be going over the house and letting them know what does need to be done and what doesn't.
Good article.
Our transfer tax in Florida is $.70 center per $100. Our sellers in Bonita Springs and most of Lee County pay title. If they buy down the street in Collier County the buyer pays title. THey get smacked with title twice in a week, they get really grumpy.
Chris, it sounds like the best plan is ot sell in Collier and buy in Lee!
I will print that in the Naples Daily News!
Whoa! Transfer taxes can get to be a bit pricey! Other than that our customs are very similar in Colorado.
This is a terrific post for both "first timers" and those who may need a refresher.
kk
Indiana has no "transfer" taxes or sales taxes on real estate property. I guess we've got a good thing going there. I do own a place in Bonita Springs and whoa-baby are those government fees a pain!
I like your thought though that we tend to write quite a bit for the first time buyer, but the truth is that all that effort and the long range goal is for that first time buyer to eventually sell ... and get that big appreciation gain. That's the real goal. I've got to dash a note off to our sales team right now to remind them of this very simple fact. Thanks.
Yes I posted a blog on a site and it is totally gone. I have emailed AR but not heard back. It was on the post about Friday fun changing lyrics to songs with Rain in it. Ralph Nudi posted it so I blogged on it. I spent hours composing it and it has disappeared.
http://activerain.com/blogsview/84273/Active-Rain-Keeps-Pouring
Great post for first time homebuyers in our state
Maureen,
Exellent Seller post! I also thought it was going to be about First time homebuyers which is the norm, but you're right, Sellers are virgins too:) Our transfer tax is $1.00 on every thousand.
Great article, Maureen. Ouch on your transfer tax - our is $1.10 per $1000 of value. We also require a 3-page seller's disclosure, among others. I have had several clients first as buyers then as sellers - interesting to work both sides and confront different issues with them...and their new perspective!
Nope, no missing posts, yet...
Jeff
Great post as always Maureen. Our transfer tax ends up being 1/2% - some goes to the state of CT to waste and some goes to the local municipality.
Maureen, you are absolutely right...no one ever does think about the 1st Time Seller. They too, need assistance with info. How clever of you to have thought of that.
Maureen, glad you were able to get this reposted. Excellent post do you think customers will listen? I see that you're all over the Internet (credit where credit is due) and this years technology guide was kind of boring!
Maureen, The focus is always on buyers & somehow we miss the things a novice seller may need to know. These items are so familiar to us because we work with them all the time, but as I look at your list, I realise that they may be somewhat foreign to a first-time homeowner. I'm also struck by how high our transfer tax is in comparison so some other areas as evidenced by the comments.