Setting the Price for Your First Home Sale in Cape Coral

Finding the Right Price for Your Home

If you have ;found yourself thinking about ;selling your home, but aren't quite sure where to start with the price, you're not alone. To ;help make it easier, ;Schutt Law has put together an easy to follow checklist to help make your first home sale a smooth one.

Finding a Base Asking Price

Take a look around your local areas for similar homes ;which are also for sale. Take note of their size and extras such as as pool, garden or entertaining area. While it may be a little hard to view your property in a negative light, use what you find to gauge where your home sits, giving you a base amount to work with when ;setting your asking price.

Choosing the Your ;Comfortable Price

Now that you have an idea where your property sits, work with this and choose an amount that you feel comfortable with. ;Consider what you paid for it originally, including any and all interest and fees, as well as any improvements ;you ;have made which you feel ;add value to your home.

Choosing Your Asking Price

Now comes the tricky part - the actual amount you're going to put on advertisements. Many home sellers find this is the biggest challenge because of ;emotional attachment to their ;property. Now is the time to take a step back and look at your home from a buyer's point of view. Remember that there is a ;real chance that this amount is going to be significantly lower than your comfortable price. Other factors ;should also be considered, such as how quickly you would like to sell your home - in which case you may set your price lower in the market to attract more buyers faster. ;If you are including high-end utilities such as a dishwasher or laundry services, consider ;leaving these behind and providing them ;as a free addition to the property. If you attract a buyer that does not have a complete house of furniture, this could be the difference ;in choosing your home.

Title Insurance in Cape Coral

Remember that buyers are likely to be using a mortgage ;for the purchase of your home, which means there is documentation they will need to satisfy their lenders. Take this burden off their hands and arrange ;a ;title search in Cape Coral prior to opening your home. Speak with ;Schutt Law on ;239 540 7007 and ask about how a professional ;title search can assist your home buyers in obtaining ;title insurance in Cape Coral.