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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 Novi, Northville and Farmington Hills?" 

"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 top 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 Novi, Northville and Farmington Hills 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, top Novi, Northville and Farmington Hills 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 Novi, Northville and Farmington Hills market and determine the true value of your property. It's FREE and without obligation... 

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Real Estate Tips
Foreclosures >3. How To Avoid Foreclosure

If you’re behind on your mortgage payments, have no fear. The U.S. Department of Housing and Urban Development has some really good tips what to do to avoid foreclosure.

  1. Don’t ignore it. The longer you put off your situation and get behind in your finances, the more likely it will be that you will lose your home to foreclosure. As soon as a problem arises...
  2. Contact your lender. Your lender will be the best resource to help you avoid foreclosure.
  3. Check your mail. Your lender will send you important information about avoiding foreclosure and also legal documents in the mail. You’re responsible for these documents and will be held accountable for them.
  4. Know your rights. Make sure you know the ins and outs of your loan documents so that you can be prepared for what your lender can and can’t do. Be sure to also know the foreclosure laws in your state.
  5. Understand your options. Visit the U.S. Department of Housing and Urban Development website to get informed.
  6. Contact a HUD-approved housing counselor. Call (800) 569-4287 to talk to someone who can help you understand your options.
  7. Your house should be a priority. Your house should be your first priority after the health and well being of you and your family. Eliminate any optional spending (cable TV, Internet, etc.) in order to make your house payments.
  8. Use your assets. If you have assets (expensive jewelry, a car, etc.) you can sell those and use the cash you gain to help reinstate your loan.
  9. Stay away from foreclosure prevention companies. These companies will charge you outrageous fees to contact your lender and negotiate your loan. Just save your money and put that toward your mortgage.
  10. Watch out for foreclosure recovery scams. Some firms may claim to stop the foreclosure process for you immediately and require you to sign your life away for them to do so. Consult your HUD-approved counselor before signing anything.

See All Tips In The "Foreclosures" Category >
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Real Estate Trivia
Q 
What is the average price for a home in the United States?

A 
According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000.
See More Real Estate Trivia >


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Roger Murray, REALTOR®, real estate agent and broker for Novi, Northville and Farmington Hills, Michigan home listings, property and land for sale

Roger Murray
RE/MAX Classic

26870 Beck Road
Novi, MI. 48374
24 Hour Mobile: 248-982-7166
Fax: 866-868-4117
Email: rogermurray@NUMBER1EXPERT.com

It is my goal as your full service Realtor specializing in the Novi, Northville, Farmington Hills, West Bloomfield, Commerce, Wixom and surrounding areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.


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