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Homework Assignment for Sellers

The only thing I would add for my Lake Livingston Sellers is:

  • Is any of your property located in a flood plain? (Not just the house.)
  • Are you required to have flood insurance? (Sellers and Buyers need to understand the seller's rate may not be the same as the new buyer's rate.)
  • Do you have an elevation certificate? (If you are required to have flood insurance, this is needed to determine the new buyers rate.)

 

Homework for SellersWhen serious buyers find a home they really like, those buyers are going to have some questions for the seller. Sellers might as well have that information prepared in advance so it can be quickly provided to potential buyers upon request.

Here are some of the common questions that buyers are going to ask:

 

  • How old is the roof?

  • How old is the air conditioner?

  • How old is the heater?

  • Has there ever been foundation repair?

  • How much were your utility bills for the last year?

  • What is the cost of your homeowner's/windstorm insurance?

  • How old is the hot water heater?

  • Has the property ever flooded?

  • What upgrades/improvements have you made since you purchased the home?

In addition to getting the answers to these questions, I always ask my sellers to prepare a list of the TOP TEN THINGS they love about their house and their neighborhood. I put all of that information in a packet that I leave in the home during showings, and email it to showing agents whose buyers are interested.

If you are planning to sell your home, go ahead and gather up this information in advance, because you will need it when a serious buyer expresses an interest in your home.

Think of it as your homework assignment!

 

 

 

Rose King 

UTR Texas Realtors 

Serving you in Galveston County, Brazoria County, Pearland, Friendswood, Alvin, Manvel, Rosharon, League City, Webster, Clear Lake, South Belt, and the Houston Bay Area

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Email me at rose@rosekingrealtor.com

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This has been brought to you by YOUR Huntsville / Lake Livingston Area real estate professional. Before you buy or sell, call Joni Bailey at (936) 650-9017. I look forward to earning your business and exceeding your expectations. Broker Associate with Berkshire Hathaway Home Services - Anderson Properties. Mike Huff, Broker.  BerkshireHathaway Hom Services is a member of the franchise system of BHH Affiliates, LLC. Each office is independently owned and operated.

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TEXAS REAL ESTATE COMMISSION INFORMATION ABOUT BROKERAGE SERVICESJoni Staples, Broker Associate BHGHRE-AP (936) 650-9017

 Copyright (C) Joni Bailey     (936) 650-9017  www.LivingLakeLivingston.com

 

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Comment balloon 10 commentsJoni Bailey • February 19 2015 10:23AM
Homework Assignment for Sellers
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