Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

4 Important Tips For Creating A Successful Home Listing

by Luke Fields

When you list your home for your sale, your home listing matters. Your home listing is how you communicate with the world that your home is for sale; it is your calling card, and if you want to sell your home quickly, you need to create an engaging listing.

#1: Don't List Your Home As-Is

Selling a home isn't like selling a car. Listing your home as-is can be really damaging to your ability to sell your home. Oftentimes, only homes with serious issues are listed as-is, so putting that on your listing could sink your chances of getting the price you want and moving your home promptly.

If you don't want to make many repairs to your home, play up its strength in the listing. If someone puts in an offer on the house, have a disclosure that you share at that point all of the home defects. That way, you are not hiding what is wrong with your home, but you are not sinking your listing by saying you are selling it as-is.

#2: Don't Use the Term "Motivated Seller."

Second, in your home listing, you should be selling your home, not your situation. Don't write that you are a motivated seller. If a buyer thinks you are desperate, that could result in offers coming in below your asking price and potential buyers not giving you or your home the respect they deserve. If you want to make a quick sale, write a detailed and accurate listing and take stellar photos of your home. Allow your home to sell itself.

#3: Get Detailed

Third, you want to make your listing as detailed as possible. Start by highlighting your home's best features, and then go through all other relevant details of your home. As you describe your home, stick to inclusive and neutral language, such as talking about how the primary bedroom has two closets, not his-and-her closets. Don't use too many fluffy adjectives; keep things clean and professional.

#4: Use High-Quality Photos

Fourth, with a listing, you need to stick to high-quality photos. Do not take the photos yourself; hire someone to stage and capture the images. You want to show your home off in its best possible light; allow a professional to do that for you. You can help the photographer by deep cleaning your house, making it easy for your photographer to capture the best side of your home.

When it comes to the listing for your home, don't use terms like "as-is" or "motivated seller" that will decrease the quality of offers on your home or turn buyers off. Get detailed in your listing, and be sure to use high-quality photos as well.


About Me

Do You Need Private Mortgage Insurance?

Welcome to my website. My name is Larry Silva, and I want to talk a bit about private mortgage insurance. You may have heard the term PMI mentioned when you were in the process of purchasing real estate. When I first heard my lender talking about PMI, I was very confused. It was my realtor who sat me down and explained what private mortgage insurance was and when someone is required to purchase it. He told me that PMI is not lifelong insurance; it can be cancelled when the mortgage principal balance reaches a certain point. Once it was explained to me, private mortgage insurance was no longer a mystery or a confusing concept. I would like to pass on what I learned and hope that you find it to be of value.