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Thinking About Selling Your Home Yourself?

Welcome > For Sellers > Thinking About Selling Your Home Yourself? ...

There's More to Selling Your Home Than a "For Sale" Sign In Your Front Yard: Beware. 

Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: 

"How does your home compare to others like it in the Bossier City, Shreveport and Haughton area?" 

"How did you determine the fair market value of this property?" 

"What about financing? Can you help?" 

"If I make an offer, who will draw up the paperwork?" 

"Why aren't you using a real estate agent? Is there something wrong with the property?" 

"Since you aren't using a real estate agent, we can take their fee right off the top, right?" 

Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value? 

Almost all homes are sold using a real estate agent. As a real estate professional, it is my job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in the Bossier City, Shreveport and Haughton area and even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly. 

Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "Try to steal this one." 

If you must sell your own home, at least let me give you a sense of its true market value. Tell me a bit about your home, and I'll do a quick Comparative Market Analysis and let you know what I feel it is worth. I'll also describe, as an experienced, Bossier City, Shreveport and Haughton area real estate agent, how I would market your property. This is free, with no strings attached. 

Don't price your home by yourself! It's my job to analyze the Bossier City, Shreveport and Haughton area market and determine the true value of your property. It's FREE and without obligation... 

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School Reports in Bossier City, Shreveport and Haughton, Louisiana
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Real Estate Tips

Financing Your Home >If You Are Self Employed

There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.

However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.

See All Tips In The "Financing Your Home" Category >
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Real Estate Trivia

Q 
Fewer than 2 percent of homeowners build this type of home:

A 
Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.
See More Real Estate Trivia >


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Patricia Keith, REALTOR®, real estate agent and broker for Bossier City, Shreveport and Haughton, Louisiana home listings, property and land for sale - NUMBER1EXPERT

Patricia Keith
Coldwell Banker J. Wesley Dowling & Assoc

2146 Airline Dr. Suite 100
Boissier City, LA 71111
318-393-0655
Fax: 318-742-3017
pat@patkeith.com


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