ARE YOU REALLY PREPARED TO SELL YOUR HOUSE YOURSELF?

1 Do you know the current interest rates? Including VA/FHA?
2 Do you know what a "point" is? What are the points on V A/FHA presently? Are you aware that conventional loans also carry points?
3 What are adjustable rate mortgages? How often do rates change with an ARM? What re the rates based on? What are the advantages to these loans? How will they help someone purchase your home?
4 What have similar homes in your neighborhood sold for in the past six  months? (Asking price is not a reliable indicator)
5 Do you know where to send your purchasers for mortgage money?
6 Have you figured your net after closing/settlement? Do you have an idea? What your charges will be?
7 Are you capable of qualifying a VA/FHA purchaser? A conventional purchase?
8 Are you aware of what conveys with the sale of your house?
9 Do you know who is a serious home purchaser and who is just serious about finding out what you have in your home?
10 What do you do if your home does not appraise for the price that you have Sold it for?
11 Are you aware of the Federal and State laws and disclosures that you must follow as a For Sale By Owner?

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