FAQS
Sellers Frequently Asked Questions
Texas is the premier Real Estate Market to be in. Nonetheless, be sure to price according to the current market conditions. Key factors include; comparable sales for the past 3-6 months, employment trends 8 current interest rates. We can assist you with a Comparable Market Analysis if necessary.
If your home shows well – has no cosmetic or mechanical issues, the typical reason for not getting calls is pricing. Your home price is not a static number – you should be reassessing your price every 2 weeks depending on calls and traffic.
Sellers closing costs can vary, but typically the Seller is responsible for paying.
- Title Policy
- Survey (Negotiable item if you do not have a current survey)
- Repairs from Inspection
- Home Warranty for the Buyer (if requested)
- Taxes (If not [snowed)
At TexasFSBO/My Castle Realty – we are ALL licensed agents and have MANY YEARS experience listening to our clients needs and helping them navigate the contract paperwork to get them the best possible offer available. We are here to walk you through the entire process if you desire. Be prepared to respond to the offer within 24 hours.
There are times that you will receive an offer and agree on a price and the home does not meet the Buyer’s Bank appraised value. The Buyer’s Bank will not provide financing to the Buyer ABOVE the appraised value. There are a few options available to you as the Seller:
- Check the appraisal for obvious errors (Square footage, bedrooms/bathrooms or amenities)
- Agree to appraised value
- Terminate the offer and put the home back on the market
- If there are multiple offers – the Buyer may agree to pay over the appraised value – but will need to bring additional monies to the closing.
You cannot back out of selling your home once you are in escrow for any reason other than buyer non-performance. So be absolutely sure you are committed to the sale before you enter into the contract.
At closing you will be signing over the home to the Buyer. You will be expected to be out of the home the day before closing so the Buyer can do his final walk through. Please bring your keys and garage door openers with you to closing.
Please ask us about our FANTASTIC CASH BACK PURCHASE OFFER. By using us to help you purchase your next home, we allow you to keep some of our commission to use for closing costs, down payment or anything you choose.