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43228 : Real Estate Advice

  • All6
  • Local Info0
  • Home Buying3
  • Home Selling2
  • Market Conditions0

Activity 6
Tue Nov 14, 2017
Lorinoebe asked:
This will be my first home after paying rent of 725 for the last two years
0 votes 0 Answers Share Flag
Wed Apr 12, 2017
Carlos Herrera answered:
You don't NEED a Realtor to sell your home. You can sell it yourself. If it's how much you will spend that you're worried about vs what you will be able to walk away with at closing if you sold it without a Realtor, keep these statistics in mind gathered by the National Association of Realtors:

In 2015 - 'For Sale by Owner's (FSBO) accounted for 8% of home sales in 2015. The typical FSBO home sold for $185,000 compared to $240,000 for agent-assisted home sales.

That's like $55,000.

Say based on those statistics, you sold your house on your own (FSBO) for 5K over that at $190,000.

Then let's say you hired a Realtor to help you sell your home and he/she got you a sales price of, $220,000 (20k less than the stats show)...after a very standard 6%'re at $206,800 after paying commissions! That's $16,800 more than statistically you can obtain by selling FSBO without paying a real estate commission. The numbers are conservative when you compare to the wide range in the statistics above. Your net could potentially be even higher.

Best of luck to you. You may have already sold. If you have, I hope you got as much as you wanted and more. Please update us and let us know how it went.
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Wed Jul 2, 2014
Jeremy Davis answered:
Start out by calling/emailing a local agent and asking him or her if they know of any loan officers that do international loans! most of us work with 3-4 different lenders and know tons more that can possibly help you. ... more
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Sat Feb 18, 2012
John Taylor answered:
The price will vary with companies.. As a rule of thumb get three or four estimates from companies you have researched and compare what they have to offer. Apples to apples. Also speak with your realtor. If you need any assistance .

John Taylor
Coldwell Banker
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Mon Feb 13, 2012
Mike Marshall answered:
two major factors that really determine the cost of a home owners insurance policy: Sales price of home, Age of home.
Other factors are deductibles, optional coverage (water in basement), credit risk, past claims, multiple policy discounts.
Here is a very basic approximation; a policy on a 150K - 200K home in central Ohio should roughly be $500-$700. I have a good posting/info on my blog about home owners insurance policy. See link.
Good luck,
HomeBuyer Advocate Mike
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1 vote 2 answers Share Flag
Wed Jul 23, 2008
tom roberts answered:
drgels,Art is right,let me know the address and I'll email u solds.incontract etc..I was just in lewis ct selling a home in Olentangy Meadows.


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