Selling A House in California Is Easier Than Ever
Many people think that selling a house in California has to be done exclusively through a real estate agent, however, this is not the case at all. You see, California enforces no Legal Law to have you sell off your property with the help of a Real State Agent.
You can do it on your own without any trouble at all. However, there is something that you may need to be careful about. The legal side of selling off properties can be confusing for someone who is not familiar with the law at all. This is where Elite Realtors come in.
Sell off your House in California with Elite Realtors.
At Elite Realtors, we are agents who are willing to go out of their way to help you out with all of the legal sides of Selling a House in California. We come at an affordable price and offer no hidden fees but complete hospitality to our clients.
Selling a House
Frequently Asked Questions
How much is my house worth?
There are a handful of methods that can be used to determine the value of a home. The most common method to determining the value of a home is by completing a comparative market analysis. A comparative market analysis is an in-depth evaluation of recently sold “comparable” homes in the past 6-12 months. A comparative market analysis, also known as a “CMA,” isn’t a crystal ball that determines what a home will sell for, however, if performed by a top Realtor, it should greatly narrow the sale price range.
A professionally completed “CMA” will take into account many features including the local area and neighborhood. Some items taken into consideration are:
1. Square footage
2. Number of bedrooms
3. Number of bathrooms
4. Upgrades to kitchen
5. Window quality
6. Roof age
7. Lot features
8. Location; primary or neighborhood street?
9. Style of residence
How long will it take to sell my home?
There are many factors that come into play when selling a home. These help determine when and how fast a home will sell. Some examples include the following: asking price, condition of the home, location, market conditions, seasonal patterns, and so on.
What is the difference between a list price and a sales price?
What is the agents commission?
What if I want to cancel the listing contract?
What type of marketing do you offer?
Why should I hire a real estate agent?
What else do I have to pay for?
for home repairs, inspection repairs, and so on. It all just varies on the situation and conditions of the home.
What property defects should I declare?
When should I turn off the utilities?
Still have questions?
If the FAQ’s on this page didn’t answer your question, please feel free to make use of the contact form below or the contact details accessed using the “Click Here” button to get in touch and we’ll do our best to assist you.
Buying a House
Frequently Asked Questions
Should I buy instead of rent?
• Tax breaks
• Financial gains
• Capital gains
• A home to create memories in
Am I ready to buy?
Do I have a secure job with steady income?
Have I been employed for the last two to three years?
Is my income reliable for the foreseeable future?
Do I have a positive bill-paying history?
Do I have few outstanding long-term debts, like car payments?
Have I saved any money for a down payment?
Can I afford to pay a mortgage, taxes, utilities, and insurance?
Does my credit score impact my ability to buy?
If your score is low, it’s not impossible to get a loan but it will take longer. The majority of the time, the lender can help the buyer work on their credit score to help them prepare to buy a home.
There are three different companies keep credit histories: Equifax, TransUnion, and Experian. Before applying for a loan, get reports from all three companies. Fix any errors you might see in order to improve your score so that you may qualify when you meet with lenders.
How much do I need for a down payment?
What are the homeowner's tax benefits?
In most cases, loan discount points and origination fees are deductible.
Read Publication 530 titled Tax Information for Homeowners, which can be found on the IRS website.
There are capital gains benefits, but don’t worry about that until you buy your first home.
What is the difference between pre-qualified and pre-approved?
Pre-approved: Better yet is getting pre-approved for a mortgage, which is based on a real credit score, and it also puts real estate agents and home sellers at ease. The buyer has more to offer when making a deal and in a competitive market this can be a definite plus.