So you are planning on selling a home in Marin County, CA? You have come to the right place. Jeff Sterley is one of the most experienced real estate agents in the area, and he is ready to help you get the most out of your home. Making a decision like this does come with many questions, however. This is why we have compiled the most commonly asked questions we get when it comes to selling real estate.
Seller FAQs
Is now a good time to sell?
This depends on your goal. Currently, prices are not going up. If you are looking to reduce costs, it will be difficult to do without selling or refinancing your loan. If you are looking for a change, or to meet your change of priorities, why wait? Whether wanting to move to something bigger or smaller, there are plenty of opportunities to make the most out of your transition.
Why should I use a Real Estate Broker?
In Marin, realtors, on average, get at least 8% more than those which were sold by the owner. Buyers view more properties listed with agents than homes that are for private sale. Buyers are also frequently nervous, seeing advice from real estate specialists themselves. There is a lot of detail involved in real estate transactions, which can leave you open to litigation. There are incredible options to complete work that will earn more for your home, using Compass Concierge. Speak with Jeff to hear more about this amazing opportunity.
I’m thinking of using a friend or family member that is an agent but doesn’t have a lot of experience. What should I watch out for?
Inexperience can be critical in Marin. Experience directly corresponds with having a wealth of knowledge to pull from order to best market, creatively problem solve, and address any potential buyer objections. There is enough stress to transition. Why leave yourself underprepared?
What are the pricing trends in Marin?
Homes have gone up at least 6% annually over the last 40 years.
What do I do if I owe more on my home than I own?
Short sales are a process where your agent negotiates with your lender to close the transaction. Negotiations can depend on how much you owe in relation to the value of the home, as well as the structure of your current loans. Your agent may also be able to help you renegotiate your loan, depending on your ability to pay.
How can I lower my mortgage payments?
You can lower your monthly mortgage payment by renegotiating the terms of your loan. You may be eligible to re-amortize your loan through paying your lender an agreed-upon percentage. If this is an option, your lender will recalculate your payments while the remaining length of your loan is unchanged. Through a recent stimulus package, there are other options worth discussing with lenders that can help homeowners stay in their homes with lower payments.
Please contact us or view our Buyer FAQs with any other questions. If you didn’t see your question above or need additional information on selling or buying a home in Marin County, you should contact us at 415.359.4871 today.
