Mike Tom Realty

Tag: Home Seller

Posted on 02/06/2022
Closing Costs for Home Sellers Explained
Photo by Burst from Pexels In real estate, closing cost refers to the total amount of money due at time of purchase. This cost is usually equal to a small percentage of the total purchase price but can vary based on state, county and other factors. Sellers handle a portion of the closing costs which can sometimes be...
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Posted on 11/14/2021
Selling With a Land Contract? Here's How to Reduce Your Risk
Land contracts can be an excellent alternative to a traditional mortgage, both for the buyer and seller. The seller assumes the role of the lender and gets regular payments from the buyer while still holding the property title. There are many advantages both for buyer and seller; but from the seller's perspective, land contracts also come with some...
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Posted on 09/20/2020
The Best ROI for Resale
Photo by Fotocraft via Shutterstock Many homeowners spend thousands of dollars on improvements and upgrades only to find out that the return on their investment (ROI) is less than $1 to $1. That means that for every dollar spent, the selling price of their home does not go up a corresponding dollar. In fact, very few home improvements...
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