How do you know what FMV is for your home? A real estate profession will review many things in comparison to other homes that have sold, are pending or active in the multiple listing service; this is information that a normal seller does not have access to and you can misjudge the FMV for your home by not getting professional guidance. there are a lot of websites that tell you that you can work up the numbers for your home in comparison, but the truth of the matter is, that there is much criteria they can't possibly know or take into account when comparing to other homes in the neighborhood.
My best suggestion for you is to contact a Real Estate Professional, sit down with them and allow them to show you the advantages of working with a professional that has knowledge and experience in the Real Estate Market. Your home is the number one investment you make in your lifetime; why let it to chance? You would pay a plumber to perform heart surgery and you wouldn't want a heart surgeon to work on your plumbing!
Please know that I am at your service should you have any other questions, concerns, or maybe you would like to set up an appointment!! I would be happy to show you how we professionals promote your home and protect your bottom line!
Karen L. Bishop
NYS Lic. RE Salesperson SRES - Relocation Expert
100 Sylvan Pkwy. Ste. 100
Amherst, NY 14228
Direct Cellular: 716-308-6555
Recent statistics have shown 1 in 3 deals in contract fail.
How do you know you have a buyer who can actually close? Have you tested the house on the market to make sure you have the best possible buyer at the best possible price?
It's your property. Yes, you can hire an attorney and move forward. But whether or not its in your best interest is hard to say without knowing much more.
If you really want to know, call a local Realtor. Where's the down side?
Since you seem to already have buyers, I encourage careful consideration of whether you should use the expertise of a local realtor or proceed as a FSBO. And, to be sure you are getting FMV, again the expertise of a local realtor could prove invaluable, but you should also perform your own due diligence to see what homes similar to your own are selling for in the immediate surrounding neighborhoods. You could have an appraisal done to determine value but remember that the final report cannot be used for the buyers' mortgage approval.
I can assist you with mortgage pre-qualification for your next home and/or help put you in touch with the professionals necessary to close including attorneys and/or realtors, if desired. Appraisers are specified by the buyer's bank therefore you would have no control over who inspected and valued your home. Likewise, the home inspector would be chosen by the buyers, if they wish to have a home inspection performed.
Please contact me anytime.
Licensed Mortgage Consultant
R & R Funding, Inc.