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Real Estate Tips

For Sale By Owner >The FSBO Myth

Real estate transactions can be tricky. The widespread myth that selling real estate is easy has lured many home sellers into making expensive mistakes by trying (and failing) to sell their own home.

Many people assume that all you need is a sales contract, a classified ad and a "For Sale" sign. But even the most basic step -- setting the correct sale price -- depends on a number of factors. The location, size and condition of your home, the relationship between the local supply of homes and the number of qualified buyers, and the recent selling prices of comparable homes in your neighborhood all affect the market value of your property. Homeowners who sell without a professional realtor often misread the local market and overprice the home.

Sellers might also mishandle contingencies, home inspections, title clearance, deadlines and disclosures. The advice and guidance of an experienced real estate agent is essential to ensure that you avoid the risk of expensive litigation and ensure a successful home sale.

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Real Estate Trivia

Q	What does the term ARM stand for?
A	An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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*Billy Burk and GiGi Gaubert Burk, REALTORŽ, real estate agent and broker for New Orleans, Lakeview and Lakefront, Louisiana home listings, property and land for sale - NUMBER1EXPERT

*Billy Burk and GiGi Gaubert Burk
Burk Brokerage, LLC
Licensed in Louisiana
6260 Vicksburg, Suite A
New Orleans, LA 70124
504-488-8600 : office
504-488-8424 : fax
Licensed in Louisiana
*Billy and GiGi Burk are two of America's NUMBER1EXPERTS in the Greater New Orleans area. They have a proven track record that few agents can match! With over 20 years combined experience, these two professionals offer the highest level of service and dedication, adding value far beyond the commissions earned. Burk Brokerage is continually "Redefining Real Estate" by offering expert service on an unparalleled level, making you their Number 1 Client. With a team of professionals providing a wide range of services from landscaping and decorating advice to tax and financial assistance, and backed by over ten years of top producing Real Estate experience, Burk Brokerage is sure to redefine your real estate experience. Selling Lakeview, Lakefront, Uptown, Old Metairie, Metairie, Mandeville and Covington.

* Billy Burk is co-owner and manager of Burk Brokerage and is not a licensed Realtor in the state of Louisiana.

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