Davie Home Finance (321)373-4659 (866)319-2998 toll free
Serving Florida's Space Coast
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Davie Home Finance, 115 Donna Rd NE, Palm Bay, FL 32907
For Sale By Owner
You are attempting to sell your home yourself to avoid paying several thousand dollars
in commissions. Be willing to spend some of that on advertising. Remember your
home is competing for attention with those listed by real estate agents and they are
putting ads in homes magazines, mailing out flyers, etc. A small 4 or 5 line ad once a
week will most likely not get the job done. Establish a budget that will realistically
promote the sale of your home.
Work with a qualified mortgage professional. It costs you nothing, yet they will help you
tremendously. A mortgage professional working for the seller should prequalify
anyone who shows an interest in your home - even those who say they are already pre-
qualified.
Check with a title company for a FSBO kit. Many of them will provide them at no cost
to encourage the seller to use them to close the loan. The kit will have a purchase
agreement and other helpful information. We can recommend a title company to you.
One way to prevent potential litigation for a problem you were unaware of is to hire an
inspector to go through your home before you list it. That way, there will be no nasty
surprises years later when the new owners discover something that began while you
owned it--but didn't disclose. You don't have necessarily have to fix the problems, but
you do have to disclose their existence.
Remember to be willing to show your home a lot. In the end its well worth it.
Tips for your Open House:
Clean up the inside of your home. Try and remove the clutter and make your home
open and welcoming, people coming through will want to pen every closed and look
behind every door. Turn on all the lights and replace any low watt bulbs with higher
watt bulbs. You may want to consider a fresh coat of paint.
Bake some cookies or get a sweet smelling candle (they do have cookie scented
candles). Have fresh flowers in your kitchen and/or dining room.
See if you can get some free flyers, recently sold properties in your area and the price,
loan comparison forms based on your property and asking price. A mortgage broker
can help you with some of these forms. Have your own flyers ready with your home’s
information (look online at another home’s listing and make sure you covered all the
bases). Check and see what your state required disclosures are and have them
available, Home owners disclosure, lead based paint disclosure, property condition
reports, etc.
Freshen up any landscaping; a fresh layer of mulch can make a huge improvement in
appearance. Sweep up walk ways and your drive way, and remove any eye sores or
clutter.
Put on your best. It is time for your best outfit, even if it is football Sunday sweat pants
and your favorite team’s jersey is not appropriate. Put on your best smile and be
friendly, pretend every person you meet just offered you 25% over your asking price
as a cash offer.
Ask questions. Some people will want the grand tour and some people will just want to
be left alone to poke around. Be accommodating and help those who want it
Disqualifying prospective buyers on the basis of race, color, religion, sex, handicap,
family status, or national origin is illegal. Discrimination can get you into a heap of
legal trouble and can cost you big bucks. If in doubt, check with the Equal Housing
Opportunity agency in your area.
Finding a mortgage professional to work with in your for sale by owner listing can help
you a lot. They can make flyers for your home giving different payments and scenarios
for potential buyers. Call Us Today!
Call Today!!
(321) 373-4659
(866) 319-2998 toll free
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