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Calculating your bottom line.
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Once you have established market value, you can calculate your bottom line or net figure. This is the check that you will
receive after all the expenses related to selling your home are paid. Closing costs vary depending on how the contract was
structured and where the closing takes place. The "Calculating Net Profit" button will guide you through a list of items
that need to be deducted from your sales price in order to establish your net. When you meet with Char, you will get a very
accurate estimate of which costs will be incurred and what these costs will mean to your net figure, or bottom line.
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There are really only two phases when it comes to preparing your home. The first phase is getting it ready for the market
and the second phase is getting it ready for the showing.
We'll start with the first phase - getting it ready for the market.
Take as much time as necessary but as little money as possible to maximize appeal. The best way to do this is to walk around
your home with a notepad - paying careful attention to everything; check the walls for chips, holes or uneven paint.
Fix all leaky faucets and make sure they shine- and consider replacing them if they don't. We've included some helpful tips on
the home's interior and exterior with checklists to print out to make sure you cover everything from top to bottom.
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Once your home is officially "For Sale", you need to make your home sparkle.
This is an area where you can't over do it. Be sure to concentrate on your kitchen and bathrooms. Your buyer will
be expecting a used home - but the brighter your home shines, the easier your buyer can 'see' themselves purchasing and moving into your property. It's a good idea to box up items that
haven't been used for a while. By boxing up your possessions, you will be adding visual square footage to your home - thus
increasing its perceived value. Ask a friend or relative to help you out with this - even consider renting out a storage space
to keep your belongings until you sell.
Un-cluttering the home is the toughest thing for sellers because they have built so much intrinsic value in the house. After
living many years in a home, clutter collects without the owner even realizing it. But unfortunately the buyer does notice it
and is affected drastically by it. Clutter collects on shelves, counter tops, drawers, closets, garages, attics, and basements.
Pretend you are walking into your home for the very first time. Or better yet - get an outsider's opinion. Ask a friend to point
out clutter. Notice all areas of clutter and begin eliminating it by boxing it up and putting it into a storage unit until you
move.
Now might be a good time for a garage sale. If you were going to get rid of anything before your move anyway, do it now before
the house is even shown.
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| Featured Home |
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1109 E Park St
Olathe, 66062
$125,000 |
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