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Top 10 Home Selling Mistakes That Can Cost You
Avoid these common slipups to sell your home fast and for top dollar
By Shannon Petrie, FrontDoor.com | Published: 8/20/2009
Ask your agent to explain the details of your real estate contract before you sign.
Mistake #9: Not understanding the terms of your real estate contract
Real estate contracts can be complex and confusing, but don't let the fine print scare you. Before accepting a buyer's offer and entering into a formal agreement, review the contract carefully with your real estate agent or attorney.
Understand the buyer's requests and know what your responsibilities are as a seller. Can the home be sold as-is, or do you have to make repairs? What's included in the sale (i.e., appliances, furniture, fixtures)? What contingencies are included?
- Learn more about contingencies
- Find out how to accept an offer and close the deal
- Learn what moves to make and what mistakes to avoid when selling a home
- Get more tips on pricing, preparing and promoting your home for sale in our Home Seller's Guide
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