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Sometimes, realtors wish you knew what they knew. In some cases, it would help them help you more in the long run. So, here is some advice on how to think like a realtor.
One of the first things to consider when putting your house on the market is the value and price of your home. As a seller, you are excited and optimistic but a buyer may not be of the same persuasion. You need to make sure you are aware of the price range of homes around you and price appropriately. Don't price it so far out of range that a potential buyer doesn't have a reason to even look. Also, the longer a house stays on the market the chance decreases that you will get fair value for the house.
Just because you are pre-approved, that doesn't mean you can run up credit or open new lines of credit without suffering consequences. The closer you get to closing, finances and credit ratings are reviewed and if there is a negative impact the interest rate could or you could have your preapproval...
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