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Maximize Your Profit: Essential Steps Before Listing Your FSBO Home

For Sale By Owner Steps My Home, My Sale

Thinking of selling your house? It's exciting, but also overwhelming. Real estate agents focus on staging and pricing, but what if we told you there is another first step that saves you time, stress, and potentially money?


Flip the Switch: Knowledge is Power


Before diving into open houses, let's get organized with these key actions:


  • Know Your Bottom Line: Order a mortgage payoff quote. This reveals the exact amount you owe on your current mortgage, including accrued interest.


  • Unlock Your Equity: Obtain a title report. This document verifies your ownership and checks for any liens or claims against the property.


  • Closing Cost Clarity: Research typical closing costs in your area. These include fees associated with selling your property.


Closing Cost Examples

Real Estate Closing Costs Checklist Examples
.pdf
Download PDF • 52KB

Mortgage Payoff vs. Balance: Why It Matters


Your mortgage balance is the remaining principal you owe on your loan. However, the mortgage payoff quote includes the balance plus any accrued interest up to the closing date. This difference can significantly impact your bottom line.


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My Home My Sale: Your FSBO Partner


At My Home My Sale, we empower FSBO sellers with the tools and resources to navigate the selling process with confidence. Our platform offers valuable resources to help you:


  • Find Reputable Title Companies: Access a network of reputable title companies to obtain your title report conveniently. Ask us to find one for you.

  • Connect with Mortgage Lenders: Secure a mortgage payoff quote quickly and easily through your mortgage servicer.

Helpful Links:

 

For Sale By Owner Websites:

 

Other Helpful Links:


*Here are some of the largest mortgage servicers in the United States:

  • Wells Fargo In February 2024, Wells Fargo was ranked first by the MBA for master and primary servicing with $669 billion.

  • PNC Real Estate/Midland Loan Services In February 2024, PNC Real Estate/Midland Loan Services was ranked second by the MBA for master and primary servicing with $646 billion.

 

Related Articles


Don't Be Fooled by the Price Tag: Understanding Net Proceeds in a Home Sale (Article)


Understanding Mortgage Payoff: How to Request It and Why It Matters (Article)


Don't Lose Money Price: A Home Seller's Guide (Article)

 

*Bonus Tip: Ordering Your Mortgage Payoff Quote with Ease


Here's how an escrow or title company can help you obtain your mortgage payoff quote:


  1. Find a Reputable Escrow or Title Company: Many FSBO sellers choose to work with an escrow or title company. My Home My Sale can connect you with a network of trusted professionals in your area. Ask Us >

  2. Contact Your Chosen Company: Reach out and explain you're an FSBO seller interested in a mortgage payoff quote.

  3. Provide Loan Information: The company will likely ask for some basic information about your current mortgage.

  4. Processing and Delivery: The company will contact your lender to request the quote, typically receiving it within a few business days.


The FSBO Advantage:


By tackling these steps first, you'll gain a clear understanding of your financial picture and enter the selling process with confidence. This knowledge empowers you to:


  • Negotiate Like a Pro: Armed with your net profit goal, you can negotiate offers with a clear understanding of your bottom line.

  • Avoid Surprises: Knowing closing costs in advance prevents unexpected expenses at the closing table.

  • Enjoy a Smoother Sale: A clean title minimizes delays and complications, ensuring a stress-free closing experience.


So, don't jump into listing just yet! With My Home My Sale FSBO Package , you can flip the switch from selling stress to FSBO success.


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My Home, My Sale Basic Service Package:
 

* Marketing Support:

We will create a marketing plan and provide the following marketing services to help you sell your home:
Listing on popular real estate websites
Social media promotion
Creation of marketing materials (flyers, brochures, etc.)

 

* Referrals to Service Providers:

We will refer you to trusted service providers who can help you with the home selling process, including:
Title and Escrow Company
Real estate attorneys
Home inspectors
Contractors and repair services
Moving companies

 

* Direct Buyer Contact:

We will help potential buyers find your listing, and all inquiries and communication will be directed to you, the homeowner, to facilitate direct buyer contact.

 

* Email Support:

We will be available to answer your questions and provide email support throughout the home selling process.

 

* Pricing:
Our basic service package, "My Home, My Sale," is priced at $499, which includes all of the services listed above. We offer a money-back guarantee if you're not satisfied with our services within the first 30 days.
Please note that our services do not include negotiations or representation during the home selling process.
We can customize our service package based on your specific needs, and we also offer additional services at an additional cost. Please contact us for more information.
Thank you for considering "My Home, My Sale" FSBO marketing and support service!


***Allow up to 24 Hours For Property To Be Marketed***

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