Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

3 Reasons Why Sellers Should Hire A Real Estate Agent

by Luke Fields

Are you thinking about selling your current home? Have you been planning to do this on your own and without professional assistance? While there are things that can be satisfying to do on your own, selling your house is something that you should hire a professional to help you with. Selling a house may seem simple, but there are a number of reasons why you should concentrate on other things and leave the selling to a real estate agent. Some of the reasons why you should at least consider this possibility are:

Staging help: It's not uncommon to have pictures taken of a house as-is to sell it. However, in order to appeal to as many people as possible, you'll want to set up the home with furniture and items that can give the place a homey feel. This is especially true if you're completely moving out of the house before it's sold, leaving it empty and unoccupied. A real estate agent can help you stage the home, either renting furniture and other items or pointing you in the direction of companies who inexpensively rent furniture for just a day or two so that photographs can be taken. This will make the listing more appealing, attracting more potential buyers than you might otherwise get.

Interested buyers: Many people will leave their contact information with a real estate agent so that they can be contacted if a home with certain properties comes up on the market. This may include a home with a specific number of bedrooms or one that is located in a particular neighborhood. While you'll still eventually find a buyer once the house is listed, an interested buyer like this may put in an offer before the listing even goes live. If you're wanting to sell your home as quickly as possible, having an agent with a list of ready buyers can be a great way to do that. 

Intermediary contact: If you list your home yourself, you'll have to deal with anyone who is interested in purchasing your home. At first, this might not seem so bad. But it also means that you'll have to be ready to take off time from work at a moment's notice just to show a potential buyer around or you may have to answer calls during meals so as not to let a possible buyer lose interest. A real estate agent will take care of all of that for you. You may still have to take time off of work now and then for a showing, but the agent will have pre-screened most buyers so that those who are only casually interested are less likely to waste anyone's time by requesting a showing.


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.