For Sale By Owner and seller :: residential & commercial

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For Sale By Owner

1) Establish a price you are willing to pay. You may offer less than the asking price and it’s often helpful to find out what other homes in the neighborhood have actually sold for in recent months. You can get selling prices from the local Registry of Deeds (many of which now have on-line search capabilities).

2) Determine if the appliances, drapes, furniture, etc. stay or go.

3) Draw up a written offer and present it to the seller. It can even be hand-written. It should state that the offer is conditional upon financing of $ XXXX dollars, a home inspection and the time the offer expires.

4) Get pre-approved for your mortgage by East-West Mortgage Co. or another lender (Call 1-800-East-West).

5) After the offer is accepted, have a real estate attorney review the Purchase and Sale agreement--which is usually created by the Seller’s attorney.

6) Establish a closing date (and try to avoid the last few days of the month which are often extremely busy for moving companies, lenders, etc.) Try to close on the 10th or 15th of the month.

7) You generally don’t want to borrow any more than 2.75-3 times your gross (pre-tax) annual income as the max. amount of your mortgage.

8) Have your lawyer ensure the zoning of the house is legal; the size of the lot (42,000 sq. feet is about one acre), and other details.

9) Hire a professional home inspector and have the house examined. If major flaws or repairs are needed, revise your offer so that the seller fixes the problem prior to closing, or lower your offer accordingly.

10) Arrange for homeowner’s insurance as specified by your lender.

11) Keep your credit in good shape and be sure you have the down payment for the closing.

Get The Facts!
Over 75% of people who try to sell their own home themselves end up listing with a real estate broker and paying a large real estate commission. WHY??

Too often, it's because they've let a real estate agent convince them that selling a house is a complicated process that can only be handled by a professional. But those who know how to do it right are pocketing thousands more by selling their real estate themselves. The "For Sale By Owner Report" is designed for the home seller who wants to make as much money on their sale as possible without going through a real estate agent!

You Are Your Home's Best Seller!

Have you stopped and thought about all of the good points of your property? Would a real estate broker who looked at your home for a half-hour be able to represent its charm?

NO! Only you as the homeowner have the understanding and an in-depth "love affair" for your house. Only YOU can tell the story. Doesn't it make sense that you sell what you know?

According to a national leading real estate publication, homes for sale by owner account for almost 25% of the national residential real estate market. Within the next seven years, it is projected that 40% of all mortgage originations will take place over the Internet, according to a recent survey by a leading national consulting firm. The number of home sales taking place on the Internet is expected to increase accordingly.

Recently, we have seen a boom in the real estate market. But when the market takes a downward turn, the isoldmyhouse.com home seller may be in a better position to sell their home themselves provided they are equipped with the competitive edge.

The #1 reason a house doesn't sell quickly is incorrect pricing. You need to know what your property is worth so you don't overprice it or worse yet, sell yourself short.

How do you know a buyer can afford your house? Looks can be deceiving. Don't be fooled by perspective buyers only to find out these "buyers" couldn't afford to even look at your house. We will only release listing info on this site to pre-approved homebuyers, which makes it a lot easier for you when presenting your home to a prospective buyer.

YOU can show your home like a professional. Our "I Sold My House Manual" will provide you with a complete list of successful secrets that will enable you to sell it yourself and save thousands! Our newly published FSBO guide will give you the edge in presenting your home to a prospective buyer, and it is full of tips to get you the full asking price!

We also have pre-approved buyers waiting for your home! As real estate becomes more difficult to locate, supply and demand takes over, we would like to think " will be a positive addition to someone's quest in locating a home, or to a seller looking to get the job done quickly, saving thousands in potential real estate commissions!

Send a child to school, take a trip around the world, why give a real estate broker your hard earned money, when you can do the job yourself! That's your sweat equity, does it not make sense for you to keep it?

YOU too can advertise your home. It won't get any easier than this. The way we do business everyday as consumers is changing, and we adapt to new concepts and ideas rather quickly in today's society. So be prepared, you will see big changes in the way real estate is sold in the next few years. I Sold My House.com can give you much more then the standard exposure of a newspaper ad.

You don't have to be a salesperson to sell your own home.

If you don't use this selling system, who will help you, what will you use? Can you trust the local real estate agent? Unfortunately, in some cases, you can't - they want your money. Can you trust some of the Internet sites that will feature your home? Again, we don't think so a number of these web sites are run by, guess whom??? "Incognito" real estate agents who are just looking for a way to get your listing. We are different. We don't make any commission on your sale or charge you a fee for any sale. We simply have buyers who are pre approved for a home loan, looking for properties! We put people into homes, that's what we do everyday!