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Home Buyer's and Real Estate Seller's Tips for Tuesday, 09 February, 2010

Seller's Tip:
Emotion vs. Reason

When conversing with real estate agents, you will often find that when they talk to you about buying real estate, they will refer to your purchase as a "home." Yet if you are selling property, they will often refer to it as a "house." There is a reason for this. Buying real estate is often an emotional decision, but when selling real estate you need to remove emotion from the equation.


You need to think of your house as a marketable commodity. Property. Real estate. Your goal is to get others to see it as their potential home, not yours. If you do not consciously make this decision, you can inadvertently create a situation where it takes longer to sell your property.


The first step in getting your home ready to sell is to "de-personalize" it.

Buyer's Tip:
Other Financing Details in Your Offer

Your offer should also contain information on whether you are obtaining a fixed rate or an adjustable rate mortgage. It should also state whether you are obtaining conventional financing or obtaining a VA or FHA loan.
For more information, please visit our complete Tips and Information section.

An important Real Estate term:
Certificate of Satisfaction - A document recorded with land records and signed by the Noteholder of a property, showing release of a mortgage, deed of trust, or lien on that property