Choosing the right mortgage professional

The mortgage professional, will be an important part of your team. Your Mortgage Broker / Loan Officer can do several things for you while you are selling your home alone:

Pre-qualify  -  Your Mortgage Broker / Loan Officer can pre-qualify any interested buyers you have for your house. This gives you a good idea if the buyer can actually afford to buy your house. You need to know this in the beginning before negotiations begin...not after... when it’s too late. Pre-qualifying is imperative!!

           

Don’t waste valuable marketing time with buyers who can’t get a loan. On the other hand, you do want to concentrate on working with those buyers who can qualify for a mortgage to buy your house.

You may say…”I’ll advertise for pre-qualified buyers only.” Many FSBO’s will try this approach only to find out that this approach can cut traffic by over 60%. Remember...your Mortgage Broker / Loan Officer is providing this service forfree...why eliminate a potential buyer...it doesn’t make sense.

Financing Options  -  Your highlight sheet describing your home needs financing breakdowns. These financing or cost breakdowns are critical. Your buyer wants        to know how much this home will cost them each and every month. Plus they want financing choices or options at today’s prevailing rates.

Planning ahead by having this information readily available, accelerates the whole process of selling your home.

Your buyer also wants to know details about closing costs, taxes and, hazard insurance. Let the expert do all this...you don’t even have to go there.

You need to be aware of intricacies of the loan that your buyer is using. It’s important you understand the mechanics of the transaction. Your Mortgage Broker / Loan Officer is the one to help you through this by supplying you with the specific knowledge necessary to complete the transaction smoothly.

A good mortgage professional is an invaluable tool in the process of selling your home.

Something You Need To Know When Selling Your Own Home!

What is one of the  most important things you need to know if you want to succeed at selling your own home? 

The wrong price can cost you thousands of dollars any way you look at it?   Here’s why: 

• A price that is “too low” will result in a “net to you” that is thousands less than you could have gotten with a little research.
•  A price that is “too high” will cause your house to stay on the market for a long period of time and quite possibly...never sell!  

• Not selling means paying more mortgage payments, taxes and, insurance until you lower the asking price to what the market may have supported in the first place. 
   
• Plus, if your house sits on the market for too long it will get “Shopworn”. You’ll get discouraged and think about giving up altogether! 

Mortgage Access can help you price your home at the right number to insure you make the most profitable sale possible.

How To Sell Your Home By Yourself

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