Hadi Bahadori

DRE: 01236623


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How Much Money Do You Keep When Selling Your Home?

Posted On: May 4th, 2023 5:58AM

How Much Money Do You Keep When Selling Your Home?

Selling a home can be an exciting and profitable experience, but it is important to understand the costs and fees associated with the process. Many homeowners wonder how much money they can expect to keep when selling their home. The answer to this question depends on a variety of factors, including the sale price of the home, the amount owed on the mortgage, and the costs associated with selling the property.

One of the first things to consider when selling a home is the sale price. This is the amount that the home is sold for, and it will be used to pay off any outstanding mortgage debt and closing costs. The amount of money that is left over after these expenses have been paid is known as the seller's proceeds. The seller's proceeds are the amount of money that the homeowner will receive from the sale of their home.

Another factor to consider when selling a home is the amount owed on the mortgage. If the homeowner still owes money on their mortgage, they will need to pay off this debt when the home is sold. This means that the sale price of the home will need to be high enough to cover the outstanding mortgage balance. If the sale price is lower than the outstanding mortgage balance, the homeowner may need to come up with the difference out of pocket.

In addition to the mortgage balance, there are a number of other costs associated with selling a home. These costs can include real estate agent commissions, closing costs, and repair expenses. Real estate agent commissions are typically paid by the seller and are calculated as a percentage of the sale price of the home. The exact percentage can vary depending on the agent and the local real estate market.

Closing costs are another expense that homeowners should be prepared for when selling their home. These costs can include title insurance, attorney fees, and transfer taxes. The exact amount of closing costs can vary depending on the location of the property and the specific details of the sale.

Finally, repair expenses can also impact the amount of money that a homeowner keeps when selling their home. If the home is in need of repairs, the homeowner may need to spend money to fix these issues before the property can be sold. This can impact the seller's proceeds, as the cost of repairs will need to be factored in to the overall sale price of the home.

In general, homeowners can expect to keep between 70-80% of the sale price of their home after all expenses have been paid. However, this can vary depending on a number of factors, including the sale price, outstanding mortgage balance, and costs associated with selling the property. It is important for homeowners to work with a trusted real estate agent and to carefully consider all costs and fees associated with selling their home.

There are a number of strategies that homeowners can use to maximize their seller's proceeds when selling their home. One approach is to work with a real estate agent who has experience negotiating the best possible sale price and minimizing expenses. Homeowners can also consider making repairs and improvements to their home before listing it for sale, which can increase the overall value of the property.

In conclusion, selling a home can be a complex and expensive process, but there are a number of strategies that homeowners can use to maximize their seller's proceeds. By working with a trusted real estate agent, carefully considering all costs and fees associated with the sale, and making smart decisions about repairs and improvements, homeowners can keep more money in their pocket when selling their home.

 
 
Hadi Bahadori
Zillow Premier Agent
(949)610 5720
Home Smart Evergreen Realty
24050 Aliso Creek Road 
Laguna Niguel Ca 92677
DRE#01236623


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How Soon Can I Sell my Home After Buying it?

Posted On: May 4th, 2023 5:49AM

How Soon Can I Sell my Home After Buying it?

When buying a home, one of the most common questions that homeowners ask is, "how soon can I sell my home after buying it?" While there are no hard and fast rules, there are some important factors that you need to consider before putting your home on the market. In this article, we'll take a look at some of the key considerations when selling a home soon after purchasing it.

Timing is Everything

The first and most important consideration when selling a home soon after buying it is timing. The general rule of thumb is that you should wait at least two years before selling your home. This is because the longer you own your home, the more likely it is that you will have built up equity, which can translate into a higher sale price. Additionally, owning your home for at least two years can help you avoid paying capital gains taxes on the sale.

However, there are some situations where waiting two years may not be practical or desirable. For example, if you need to relocate for work or personal reasons, waiting two years may not be possible. In such cases, it's important to consider the other factors that will impact the sale of your home.

Condition of the Property

Another important factor to consider when selling your home soon after buying it is the condition of the property. If you purchased a fixer-upper and haven't had the time or resources to make significant repairs or renovations, it may be more difficult to sell your home quickly and for a good price.

On the other hand, if you purchased a home that was move-in ready and has been well-maintained, you may be able to sell it sooner and for a higher price. Before putting your home on the market, it's a good idea to have it inspected by a professional to identify any repairs or improvements that may be needed to increase its value.

Market Conditions

The current state of the real estate market is another important factor to consider when selling your home soon after purchasing it. If the market is strong and there is a high demand for homes, you may be able to sell your home quickly and for a good price.

However, if the market is weak and there are more homes for sale than buyers, you may need to wait longer or lower your asking price to attract buyers. It's a good idea to work with a real estate professional who has experience in your local market to help you navigate the current conditions and determine the best time to sell.

Financial Considerations

When selling your home soon after buying it, there are some financial considerations to keep in mind. For example, if you haven't yet built up significant equity in your home, you may need to bring cash to the table to cover the costs of selling, such as commissions, closing costs, and repairs.

Additionally, if you have a mortgage on your home, you will need to pay off the remaining balance when you sell. If you sell your home before you've had a chance to build up significant equity, you may need to come up with additional funds to pay off your mortgage.

Working with a real estate professional can help you navigate these financial considerations and ensure that you have a clear understanding of the costs involved in selling your home.

Final Thoughts

Selling a home soon after buying it is not always easy, but it can be done successfully with the right preparation and considerations. It's important to take into account the timing, condition of the property, market conditions, and financial considerations when making the decision to sell.

Working with a real estate professional who has experience in your local market can be an invaluable resource in helping you make informed decisions and achieve your real estate goals. Whether you decide to sell your home soon after buying it or wait a few years, it's important to have a clear understanding of the process and the factors that will impact your sale.

 
 
 
Hadi Bahadori
Zillow Premier Agent
(949)610 5720
Home Smart Evergreen Realty
24050 Aliso Creek Road 
Laguna Niguel Ca 92677
DRE#01236623


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Hiring the Best Short Sale Realtor in Laguna Niguel

Posted On: May 3rd, 2023 2:43AM

Hiring the Best Short Sale Realtor in Laguna Niguel

For homeowners who are struggling with their mortgage payments, a short sale can be a viable solution to avoid foreclosure. In a short sale, the lender agrees to accept less than the full amount owed on the mortgage, allowing the homeowner to sell the property and move on without the burden of a large debt. However, navigating the short sale process can be complicated, which is why it's important to hire the best short sale realtor in Laguna Niguel.

What is a Short Sale?

A short sale is a real estate transaction in which the lender agrees to accept less than the full amount owed on the mortgage. The homeowner sells the property and the proceeds go towards paying off the mortgage, even if it's less than the amount owed. A short sale can be an alternative to foreclosure, which can damage a homeowner's credit score and make it difficult to obtain credit in the future.

Short Sale Benefits

There are several benefits of a short sale, including:

  1. Avoiding foreclosure: A short sale allows homeowners to avoid the negative impact of a foreclosure on their credit score and financial future.

  2. Relieving debt: A short sale can help homeowners get out of a mortgage debt they can no longer afford, allowing them to move on with their lives.

  3. Potentially receiving relocation assistance: Some lenders offer relocation assistance to homeowners who complete a short sale.

  4. Avoiding deficiency judgments: A deficiency judgment is a court order that requires a homeowner to pay the difference between the sale price of a property and the amount owed on the mortgage. In a short sale, the lender agrees to accept less than the full amount owed, which can help homeowners avoid deficiency judgments.

Hiring the Best Short Sale Realtor in Laguna Niguel

Navigating the short sale process can be complicated, which is why it's important to hire the best short sale realtor in Laguna Niguel. Here are some factors to consider when choosing a short sale realtor:

  1. Experience: Look for a realtor who has experience with short sales and has a successful track record.

  2. Knowledge: A good short sale realtor should have a deep understanding of the short sale process, including the legal and financial aspects.

  3. Communication: Choose a realtor who is responsive and communicates clearly throughout the process.

  4. Network: Look for a realtor who has a strong network of contacts in the real estate industry, including lenders, appraisers, and inspectors.

  5. Negotiation skills: A good short sale realtor should have strong negotiation skills and be able to work with the lender to get the best possible outcome for the homeowner.

In Conclusion

A short sale can be a viable solution for homeowners who are struggling with their mortgage payments. However, navigating the short sale process can be complicated, which is why it's important to hire the best short sale realtor in Laguna Niguel. By considering factors such as experience, knowledge, communication, network, and negotiation skills, you can choose a realtor who will help you achieve the best possible outcome in your short sale transaction.

 
Hadi Bahadori
Zillow Premier Agent
(949)610 5720
Home Smart Evergreen Realty
24050 Aliso Creek Road 
Laguna Niguel Ca 92677
DRE#01236623
 

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Sell My Home Fast In Dana Point Orange County

Posted On: October 11th, 2022 9:16PM

Sell My Home Fast In Dana Point Orange County

It can be tough to determine whether it is the ideal moment to sell your home fast in Dana Point Orange County. Before you place your house on the market, you must answer many crucial concerns, both financial and personal. If you've been thinking about how to sell my property fast in Dana Point because you've lost your job or your mortgage payment is more than you can afford, we can assist.

Perhaps you've attempted to sell but your real estate agent hasn't been very helpful, leaving you wondering if there is someone out there who will buy your house quickly. Whether you choose to migrate or are forced to relocate due to business or military assignment, you must do something with the home you leave behind.

Want to close swiftly while simultaneously making the most profit on your next property sale? According to one expert, a top-tier list of agents may be your best chance. Tony Faulkner, Broker of Home Smart Evergreen Realty, states, “A skilled listing agent knows how to market your house.” “They understand what purchasers are searching for and can supply that information.” Rising property prices, buyer demand, and interest rate increases are just a few of the considerations.

But you should also consider if you're ready to relocate — and whether you'll be able to find another property that matches your budget in a highly competitive market. Your real estate agent can assist you in locating a suitable replacement property.

 

More tips to sell your house fast In Dana Point

There are some crucial things you can do now to ensure you hit the ground running, regardless of who you choose to buy your house from or how you wind up buying it. Perform a thorough cleaning before deciding to sell. Get rid of anything that isn't yours, such as family photos, artwork, and collectibles. If you want to stage your property, you don't have to hire a professional; a thorough cleaning and some serious decluttering would suffice.

If you're considering selling yourself, do some research to see what others are asking. Look at Zillow, Trulia, Realtor.com, Redfin, and even your local newspaper. Then, compare those figures to previous sales of similar properties in your region. Finally, look for sites like Zillow and Trulia to discover how much comparable houses in your area cost.

Sell My House Quickly

We can assist you if you are about to lose your home because you have lost your job or your mortgage payment is higher than you can afford. Perhaps you bought a home at the pinnacle of the market, and it is now worth less than what you owe. It's also possible that you inherited a house that you've been unable to sell due to its poor condition.

Perhaps you've attempted to sell but your real estate agent hasn't been very helpful, leaving you wondering if there is someone out there who will buy your house quickly. Whether you choose to migrate or are forced to relocate due to business or military assignment, you must do something with the home you leave behind.

Another common scenario that may compel you to sell your home. If there are no prenuptial agreements, couples are expected to distribute property in half. If you are going through a divorce and cannot agree on who should take the house, you may be compelled to sell your house quickly against your will.

We are looking for houses of various sizes and conditions, and it makes no difference if your house is new, old, or ugly. We wish to buy your house even if it has zero (or even negative) equity, is in such poor shape that no bank would finance any potential buyers, and has liens, code violations, and other legal issues!

When You Sell, You Get Top Dollar

We recognise the importance of financial restrictions. We understand how terrible it may be to be forced to sell your home in order to prevent a mortgage default or bankruptcy. We work quickly to complete tasks in the shortest amount of time feasible, saving you time and money.

You can sell your home from the comfort of your own couch. Get an instant offer, weigh your options, and sell without having to deal with a possible buyer.

Your peace of mind and safety are more crucial than ever. We'll walk you through every step of the process, whether you're selling now or listing later. Avoid stress and uncertainty by meeting your deadline.

We can either buy your house immediately or list it. You make the best decision.

Hadi Bahadori
Zillow Premier Agent
(949)610 5720
Home Smart Evergreen Realty
24050 Aliso Creek Road
Laguna Niguel Ca 92677
DRE#01236623

 







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Best Realtor In Rancho Niguel, Laguna Niguel

Posted On: September 28th, 2022 8:55PM

Rancho Niguel is a neighborhood in Laguna Niguel, California. Rancho Niguel mostly features midsize homes that are high value. This is a well-established community that continues to attract interest from buyers looking in the Laguna Niguel area.Rancho Niguel is full of fresh air from ocean breezes, moderate temperatures and a community full of fun things to do.
Selecting the best real estate agent is important to a successful real estate transaction. When you're selling a home, even small differences in cost make a huge difference on your bottom line. Also, If you want to buy a home, you need the assistance of real estate agents and brokers. They're area expert who will assist you find a home, make an offer on a home, deal with sellers. They'll help you every step of the way. If you are searching for best real estate agent in Rancho Niguel, Laguna Niguel, you are in the right place!
Hiring the right real estate professional is vital to getting the best deal you can, whether you're buying or selling. Knowing what questions to ask will help you identify if someone is the right fit for you. A real estate agent can help you throughout the entire home buying and selling process. They'll find you homes within your price range, help you find buyers, assist you with paperwork, and more. Trying to do it all on your own can be burdensome. Agents and brokers do similar work, but real estate brokers are licensed and able to manage their own real estate businesses. Agents and brokers work together to help you with your real estate needs.

If you're moving to a new city or don't have any friends who recently bought a home, you may have to do some legwork online. Home Search Mortgages When you're buying or selling a house, you'll likely reach out for professional help from a real estate agent. But how to choose? There are Realtors and just plain real estate agents, part-time and full-time agents, family friends who are in the business, and maybe even neighbors down the street. Whether you're buying or selling a home, finding a real estate agent you can trust might just be the most important decision you make. After all, they'll be helping you manage a transaction that's worth hundreds of thousands of dollars!
But not just anybody; you need to find the Realtor that's right for you. After all, this person is going to be your biggest ally, your confidant, and your self-appointed BFF throughout the home buying process. Choose wisely.

The best real estate agent is a local realtor who knows your market. When it comes to anything related to homeownership, it's a good rule of thumb to consult your Realtor first. You need to find a real estate agent before you start window shopping for homes on your own. You don't want to fall in love with homes you can't afford, right? Your real estate agent will help you determine how much home you can afford based on your budget and can help you become pre-approved before you start your home search. Likewise, your Realtor will help keep you up to date with average listing prices, average selling prices, and how quickly properties are selling in your neighborhood. You'll also want their expert opinion before making any costly upgrades to your home before listing it to sell.
Picking the right real estate agent is one of the most important home-buying decisions you'll make. Just like you wouldn't pick a roofing company without meeting them first, feel free to interview several real estate agents before making a final decision. If you're selling, ask a real estate agent for their honest opinion. Do you need to lower your asking price? Do you need to make any significant repairs before putting the home on the market?

Is it a seller's market? After compiling answers from a few listing agents, you should have a general consensus. If anyone seems overly optimistic or unrealistic, scratch them off your list. You want a real estate agent who's going to be straightforward and honest with you, even when it's hard to hear.
Seasoned real estate agents don't just use the local Multiple Listing Service (MLS), a regional database of registered property listings to help home buyers find homes. They also keep track of listings through colleagues, door-knocking, and canvassing neighborhoods to find the right properties for their buyers. They'll also work their industry connections.

When you are ready to sell your home in Rancho Niguel, Laguna Niguel, You can call Hadi (949)610-5720 or set up a 30 minutes private confidential consultation.

 

Hadi Bahadori
Zillow Premier Agent
(949)610 5720
Home Smart Evergreen Realty
24050 Aliso Creek Road 
Laguna Niguel Ca 92677
DRE#01236623
 

 

 

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