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LOCATION: Colorado Springs, CO. 80921

DESCRIPTION: THIS EXQUISITE HOME IS LOCATED ON STUNNING WALK-OUT LOT W/ SPECTACULAR PIKES PEAK VIEW & CUSTOM DESIGNS THROUGHOUT; WALNUT FLOOR, STUDY W/ BUILT-INS, SPA-LIKE MASTER BATH W/ SEE-THRU FP, GOURMET KITCHEN W/ SLAB GRANITE, STAINLESS APPLIANCES, CUSTOM ISLAND & BREAKFAST NOOK WHICH OPENS TO HUGE DECK W/ PERFECT MOUNTAIN VIEW. WALK-OUT BASEMENT HAS JR. MASTER SUITE & OVERSIZED WET BAR. CUSTOM DRAPERIES IN ENTIRE HOUSE. BEAUTIFULLY LANDSACPED WITH FLAGSTONES AND WATER FEATURE IN BACKYARD. PARK & TRAILS NEAR BY..

Property Type: Single Family
Year Built: 2008
Square Feet: 4325
Bedrooms: 5
Bsthrooms: 5

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If you want to sell a home on your own without a costly real estate broker, you can do it by following certain steps. It is not at all a difficult task and simpler than what the majority of people feel. Nevertheless, it would require some activities from your part. You need to do a number of things that a realtor might usually do. If you go by a step-by-step approach for selling your home, the entire home selling procedure would become easy.

Figure out whether it makes sense financially to go to the trouble and expense of marketing and selling your house yourself, based on the commission you’re saving. On a $100,000 home, you’ll save half of the 6 to 7 percent real estate commission ($3,000 to $3,500), assuming that your buyer uses an agent. If neither of you uses an agent, you’ll save $6,000 to $7,000 per $100,000. But you’ll incur additional marketing expenses that you wouldn’t have with an agent, such as newspaper listings, flyers, signs, Web sites, and anything else you to do promote it.

If you follow the home selling steps properly, it would become quite simple. Eight Simple Steps for Selling Your Home

Step 1: Make it attractive
If you can make your house attractive, you would be able to draw a considerable number of eager home buyers. Your objective is to amaze home buyers. Get the views of your neighbors about the outlook of your house and ask them how you can make it more presentable.
Step 2: Price your home
Review current listings in your area and set a strategic asking price. Your agent should get comparative prices on nearby homes and do a market analysis taking into account the size, location, condition and other elements to price it accurately. Ask to see the analysis so you understand how the agent established the asking price.
Step 3: Find a real estate lawyer
It is always prudent to engage a real estate lawyer in spite of the fact that it is an extra cost. He would work for protecting your interests during the whole deal. A seasoned lawyer would help you assess complex offers , function as an escrow agent for holding the down payment, assess complicated mortgages and/or rentals with options to purchase, analyze deals and manage the closing procedure of your home.
Step 4: Marketing for your home
Confirm that the house will be listed in the MLS, that it will have an online presence, and that a professional-looking fact sheet will be prepared to help market the house.
Step 5: Negotiation a bid of on your home
Alert your neighbors that your house is going on the market. Hold a pre-open house, give a tour and ask for their help in finding a suitable buyer. Many homes are sold by word-of-mouth through friends and neighbors, so make use of your contacts.
Step 6: Home inspections
The potential homebuyer has the authority to inspect your home – therefore get ready. You can also consult your local home inspector to know how your house would score. As soon as the inspections are over, the buyer would send the application to the commercial mortgage lender.
Step 7: Buyer appraisal and other information
The mortgage lender would arrange for a buyer appraisal for your home to ensure that they’re not paying higher than the value of the house. A mortgage commitment is issued by the mortgage lender and all the terms and conditions enumerated on it have to be accomplished by the buyer and his attorney.
Step 8: Closing
Closings normally happen 30-45 days following the signing of the sales agreement. You can close with the help of a title company or a lawyer. During closing, all funds are gathered, any existing liabilities are paid off, the deed is handed over and insurance for a free and clear title is issued. The home seller would get the proceeds in one or two working days subsequent to the closing.