Before You Sell Your Home, Know Whom To Call
You may have answered two: the seller and the buyer. While these two are probably the most important people involved in the sale of any home, by no means are they the only people to consider. Just because you have decided to go the For Sale by Owner route doesn't mean you get to eliminate the middleman.
Selling a home involves more people than you realize.
In fact, there could be as many as twenty people involved in the sale of your home, people you may have to hire in order to complete a legal, smooth transaction. That's right. Were you to sell your home through an agency, some aspects might be covered by the agency with their own people. Otherwise, fees for various services will come out of your own pocket.
Let's take a look at some of the people involved in the sale of your home:
Attorney / Real Estate Specialist – Unless you are a lawyer, you may require the services of an attorney specializing in real estate law to see you through a sound contract. There may be certain regulations applicable to your property and/or region that a layperson may miss in a contract. Make sure you know everything in your contract before you sign it, or have a lawyer assist you.
Real Estate Appraiser – It would be nice to slap an arbitrary value on your property, but in order to sell your home it must first be appraised for approximate. A licensed real estate appraiser helps determine the worth of your property through various factors, including damage and reconstruction, value of nearby homes, and overall condition of the surrounding area. Some real estate agencies may have somebody on staff for this purpose.
Property Inspector – To adhere to various disclosure laws, it is required to know everything about your home before you sell. A licensed property inspector is brought in to make a thorough, unbiased evaluation of your home. Such reports are helpful to the seller as well as the buyer, as a careful inspection may alert the property owner to needed repairs he did not know existed.
Mortgage Loan Officer – Say you have a potential buyer for your home. Great! Now you need to know whether or not he can pay. Here, the assistance of a mortgage loan officer is needed to confirm the buyer's qualifications and evaluated overall financial health. This way the seller is armed with that knowledge and can determine whether or not to sell.
Environmental Specialist – What is the condition of your neighborhood and surrounding area? Do you live near a plant or factory that may offer living hazards like pollution? An environmental specialist offers services to evaluate the home and surrounding property for potential health risks. Depending on where you live, you may be required by law to report such anomalies.
Tax Advisor – Are you or the buyer required to pay certain taxes attached to the sale of your home? A tax specialist may be needed to evaluate the sale and report any levees that must be paid.
Lead Paint Inspector – Especially if you are selling an older home, you may require aid of a specialist to determine if your home contains lead, whether by current paint or remnants of old coatings.
Radon Gas Expert – Like carbon monoxide, radon gas cannot be seen or smelled, and is very deadly. Radon gas emanates from the breakdown of uranium, and may be a potential hazard if you own an older home. An inspector may need to be called in to check if your home tests positive for radon.
Sanitary Systems Expert – Make certain your pipes and sewage systems are operating correctly. A quick call to a sanitary inspector for a clean bill of health here may be needed.
Occupancy Permit Inspector – Your home may be subject to various occupancy laws, especially if your property is not detached. An occupancy permit inspector can advise you with regards to such regulations.
Zoning Inspector – Is your home only zoned for residential purposes, or may it be sold as commercial property? A zoning inspector can determine the overall usability of your home.
Survey Company – Where exactly are the property lines? Do you own more acreage than you realized. You may need to hire a surveyor to help determine the exact square footage of your property.
Flood Plain Inspector – Do you live in an area susceptible to flooding and hurricane damage? If your property rests near a flood plain, you may need to have an inspector take a look at it to determine if your home is safe from potential hazard.
Termite/Pest Control Company – You may have termites and not know it! Before you consider selling your home, it is strongly recommended to have a pest control expert inspect your home for termites, insects and other risks associated with vermin.
Title Company – Are you legally able to sell the home at all? Is the property under your name, or do you need the permission of a third party like a former spouse or relative to sell? Enlist the assistance of a title company to confirm ownership.
Insurance Consultant – Are you liable for anything beyond the sale of the home? Will a potential buyer be able to insure the home against all natural disasters? You may need to consult with your insurance agency before you consider selling your home to know what is needed from you.
Moving Company – Last but not least, once you do sell your home you have to move all your stuff! Unless you plan to rent a van and do it yourself, you will have to call a moving company to assist you.
When you think about it, there are many people involved in the sale of a home. Though you likely won't see all of them at once, your house can expect to receive lots of company as you prepare to sell, not all of them buyers! This is why it is important to consider all factors before going through with a For Sale by Owner option.
With a real estate professional on your side, however, many of these tasks may be covered by the agency. This is why it is recommended that you consult with an agent even if you plan to sell on your own. Get all the facts before you hang your sign.
Related Tags: real estate, selling home, home inspection, property laws
Kathryn Lively writes for Compuslim, custom fit weight loss for everyone. Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Beginning of the Cataloging Code
The first significant cataloging code was published in 1841. The realization that cooperation and s - In the Lap of the Gods 24
Life moved on. Lily became well liked by both students and staff because of her cheerful outlook on - In the Lap of the Gods 23
Does fate decide the future? Is it all mapped out for us, predestined, or can we influence what com - Write Your Memoir: How to Write About What Troubles You the Most
Everyone has a story to tell, and unfortunately those stories aren't always pleasant. What makes me - How Crafty Word Order Can Instantly Improve Your Writing
by Philip Yaffe I am usually very reticent about offering writing tips. Unless they are linked to - You Say Grandpa, I Say Deda
I was born with two grandmothers but only one grandfather. In nature's rules of familial supply and - My Russian American Dichotomy
I was a Russian girl and an American teenager. I had no choice about the first but I tried very har - In the Lap of the Gods 22
This is just an explanation for those who have read some of the other Chapters of, "In the Lap of t - Write a Book: 8 Reasons You Should Do it
Studies have shown that 82% of people want to write a book, but few of these actually ever achieve - Book Review: the Book of Common Prayer
Book Review: The Book of Common Prayer, "My carry-with-me copy is this size, and I recommend it for
Most viewed articles in this category:
- Real Estate Investment - Investing In Commercial Properties
As in any other type of investment, its obviously advisable to do your research well so that the pro - Taking Care Of Acne Prone Skin With Proper Skin Care Products
Although acne has been largely associated with teeners and puberty, the condition is not only confin - Do I Really Need Eight Hours Of Sleep Each Night?
What if you were told that there is no definitive answer for why we need to sleep? Your initial reac - How to Improve Your FICO Credit Score
If you didn't know this already, having a good credit score is more important than having a lot of c - 10 Tips for a Magnificent Memory
"Where did I leave my keys?" "What did I come in here for?" "Your glasses are on top of your head!" - Things You Might Like To Know About Card Companies
If you have a regular income and are 18 or over then you may be able to get a credit card. You will - Bad Breath in Babies and Toddlers
If your baby or toddler has had bad breath lately, not to worry. There are plenty of things you can - Starving College Students No More
The majority of today's college students are extremely Internet savvy. In fact, many of those studen - Cosmetic Surgery Financing: How Can You Get It?
Cosmetic surgery, a branch of plastic surgery, can be quite expensive, especially if you are plannin - Article Marketing, Improve Your Ranking With Links
Article Marketing, without a doubt remains the best free formula for attracting website traffic. At