The Insider's Guide To Selling Your Home By Owner- Rocio Fausto I | Page 59
Chapter 5
The Easiest Way to Lose
$36,000 on Your Home Sale
Chuck wanted to sell his home. Then, a Realtor contacted
him and told him that someone wanted to buy his home. The
buyers were offering $285,000 and were approved for a loan .
"Will you sell your home to them", the Realtor asked?
On the surface it all seemed like a great deal. Chuck could
sell his home quickly and avoid the inconvenience of the normal
home selling process.
Without further ado, Chuck accepted the
$285,000 offer and moved on with his life.
A few weeks later Chuck's neighbor sold his house for
$321,000. The neighbor's house was very similar to Chuck's
home. A little bit smaller but otherwise comparably to Chuck's. It
wasn't in better shape than Chuck's House.
Why did Chuck sell his house for
$36,000 less than his neighbor?
Why did he work so hard to pay down his mortgage?
Why did he work so hard to keep his house in tip top
shape only to sell it for less than it was worth?
Because he didn't know what his house was actually worth!
Unfortunately, Chuck never checked with anyone to find out what
his house was worth.
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