TIPS FOR SELLERS

FIRE INSURANCE

CA Fire Insurance #8

If your every effort at fire insurance fails, one lifeline remains. Contact the California FAIR Plan at 1-800-339-4099. While a FAIR Plan policy can be expensive, and it only covers certain losses by fire and smoke, it does provide coverage. Be aware, you will also need to buy Differences in Conditions (DIC) insurance to cover other perils such as theft and liability. We hope you’ve found these fire...

FIRE INSURANCE #7

FIRE INSURANCE #7

When you’ve (nearly) exhausted your options for home fire insurance, it’s time to look outside the box, or list… Some insurers don’t appear on the California Insurance Guarantee Association (CIGA) list, and these are called “surplus lines” or “non-admitted” carriers. While they lack the CIGA protection, they often have more flexible offerings and may be the best solution. If you consider...

What makes the difference?

Quick Real Estate Question…

You’ll get $11,036 MORE for your home by staying in it during the selling process*, so be sure to think this through when listing your home. Local Real Estate experts, like our agents at The Avenue, help you with high value tips like these, for both buying and selling property, everywhere in San Luis Obispo county. We’d love to talk with you about your real estate plans! ° DM or call us, any time!...

CONSIDERING OFFERS

When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer. Some terms that may work in your favor: higher-than-market-interest in a second mortgage for your home the buyer will pay for most or all of the closing costs the buyer will take care of any...

FINDING THE RIGHT AGENT

Not all agents work the same way. The most important attribute of an agent is that he/she is well connected to the real estate industry. He/she should know the market and provide information on past sales, current listings, his or her marketing plan, and at least 4 solid references. In addition, you also want to look for an agent that is honest, assertive, and one that best understands your needs. Try to...

FOR SALE BY OWNER – A GOOD IDEA?

FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission. 6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home...

GETTING THE HIGHEST PRICE IN THE SHORTEST TIME

In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want. The most important factor of marketing your home is pricing it right. Your price should be adjusted to reflect the market and your property’s worth. The...

INSIST ON A HOME INSPECTION

A professional home inspection protects both you and the buyer. It allows both you and the buyer the opportunity to learn about the property’s defects. A home inspection usually covers the following: Plumbing conditions - if there is leakage or clogging Roofing conditions - the extent of deterioration, if there is leakage Electrical conditions - if there are inadequate circuits or potential fire...

KNOW WHY YOU ARE SELLING

If you know exactly why you are selling then it is easier for you to follow the right plan of action for getting what you want. If you are a seller who needs to close a sale as quickly as possible, then you should know that getting the highest price possible is not one of your priorities. It does not mean that you won’t or cannot get the highest price, but it means that the price is not the deciding...

MAKING A GOOD FIRST IMPRESSION

If you want buyers to be interested in your home, you need to show it in its best light. A good first impression can influence a buyer both emotionally and visually, thus prompting them to make an offer. In addition, what the buyer first sees is what they think of when they consider the asking price. A bad first impression can dissuade a potential buyer. Don’t show your property until it’s all fixed...

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