Raleigh Real Estate and Homes for Sale - Apex, Cary and Raleigh, North Carolina Real Estate

Contact Chris Edwards for Home Seller Assistance in the Triangle Area of Raleigh, Cary and Apex North Carolina

Feature Property

$345,000
Willow Spring, NC

Home Sellers Frequently Asked Questions (FAQ

Q: I'm selling my house. I'd rather not pay a high commission.

A: Lower commissions are attractive but could cost you more in the long run. Agents who offer lower commissions usually cannot offer the wealth of resources you'll get from the Chris Edwards Group. Resources like an aggressive marketing program & agent networking!

Resources that can get you a better offer in a more timely fashion! Long market time can be a big detriment to selling your home. So before going with the lowest commission Agent, compare services. Usually, you get what you pay for.

Q: I've only lived here for two years. Can I sell after such a short time?

A: You can sell whenever you want unless there's a prepayment penalty on your mortgage. Or your loan is from SONYMA (where some restrictions apply).

"I'm not sure I want to sell right now unless I can get what I need."

Unfortunately the housing market has a mind of it's own. Buyers and agents do their homework on what a home's true market value is and how long a home has been on the market. We always explain to our clients to put themselves in the educated buyer's shoes and ask, "would I buy my home back for this price?"

"I'll just put my home out there at a high price and see what happens."

This can be a very damaging thing to do that can bring much frustration! If your home doesn't sell or get showings, you've just bought permanent market time and some negative publicity. It is always best to put your home on the market when you are truly ready to sell.

Q: Can you explain the typical real estate transaction process?

1. Negotiations

Buyer and seller agree on the terms of the purchase contract.

Offer and counter offers go back and forth between the seller's agent and the buyer's agent.

2. Final Agreement

Buyer, buyer's agent, seller, and seller's agent sign final agreement. This establishes a closing date or estimated closing period. The closing date is usually two-to-four weeks from the contract date.

3. Legal Documents

Buyer's agent sends a copy of the contract to the buyer's attorney.

The attorney conducts a title search, prepares the closing paperwork, and works with the buyer's mortgage lender to make sure all the documents are ready for closing.

4. Schedule Closing - The buyer's agent:

Schedules the closing date and time with the buyer's attorney, the seller, and the seller's agent.

Coordinates the building inspection, termite inspection, and delivery of loan documents with the attorney.

5. Settlement Statement

Before closing, the attorney completes a Settlement Statement and provides a copy to each party.

The buyer, buyer's agent, seller, and seller's agent review the paperwork.

6. Closing

The actual document signing takes place at the buyer's attorney's office.

7. Funds Disbursed - After the papers are signed at the closing, the attorney:

Disburses the purchase funds to the seller.

Records the deed (and any deed of trust).

Delivers all signed lending documents to the lender.


Chris Edwards Group RE/MAX United Raleigh-Cary 51 Kilmayne Dr., Ste. 100 Cary, NC 27511 Office: (919) 469-6540 Cell: (919) 244-0702 FAX: (919) 469-8444 Email: chris@chrisedwardsgroup.com