After you receive an offer on your home, how should you respond? Ultimately, there are many questions for a home seller to consider before accepting a proposal, including:

1. What is my home worth?

Did you get your home appraised before you added it to the real estate market? If so, you may want to review a home offer in contrast to your home appraisal. This will give you a better idea about whether the offer is "fair" based on your home's condition.

If you have not received a home appraisal, there's no need to worry. In fact, there are many ways to assess your home to determine whether to accept or decline a proposal.

Check out the prices of comparable residences in your city or town. This will enable you to see how these houses are priced and better understand how to proceed with an offer.

Also, review the prices of homes that recently sold in your area. With this information, you can learn about the current state of the housing market.

2. Are there any other offers to consider?

As a home seller, you'll likely have 24 to 48 hours to respond to an offer on your residence. But if you receive multiple offers at the same time, you'll want to evaluate these proposals in conjunction with one another.

Even if you receive two offers for the exact same price, these proposals may differ.

For example, a homebuyer who has financing in hand will be able to streamline the process of going from homebuyer to homeowner. On the other hand, a homebuyer who submits an offer without financing in hand may require additional time to secure a mortgage from a bank or credit union.

Take a close look at all of the offers on your home. Review these proposals with a fine-tooth comb, and you'll be able to make an informed decision.

3. Does this offer meet or exceed my expectations?

An offer on your home may fall short of your initial asking price, but this offer can still meet or surpass your expectations.

Consider what you hope to accomplish as a home seller as you review an offer.

For instance, if your goal is to sell your home as quickly as possible, you may be more inclined to accept one of the first offers you receive. Or, if you can afford to remain patient, you may want to take a wait-and-see approach to ensure you get an offer that matches or exceeds your initial asking price.

4. What will happen if I accept the offer?

After you accept an offer on your home, a homebuyer likely will want to complete a home inspection.

If the home inspection goes well, the homebuyer probably will proceed with his or her purchase. If it does not, you may need to complete home maintenance or repairs to finalize the purchase agreement.

Remember, if you accept an offer, there are still several steps that will need to be completed before you sell your house. With an expert real estate agent at your side, you'll know exactly what to expect at each stage of the home selling process.

When many people think of the local library, they recall the strict institution of bygone days. They imagine the librarian who doesn’t allow speaking, and the only thing that they have are books, so why go—especially now with books so readily available online? The simple answer is fun and the connections that you can make there. 

Long gone are the days of the strict institution 

Today's libraries have so much more to offer users. If you are new to a neighborhood, it should be one of the first places that you find and check out. In addition to the traditional books, they also offer movies, music, computer and internet usage, and printing and faxing services—to name a few.

During tax time the library can be one of your go-to places for finding the forms necessary for filing, and sometimes assistance in learning which ones you may need. When you are new to an area, libraries provide invaluable information about the area and keep you posted on upcoming events. Local publications such as the city update paper and local parenting magazine, usually found for free at the library, often contain announcements ranging from local events to road closures and even services provided by doctors and other trusted local professionals in the area. Knowing about local services makes the neighborhood feel less strange and gives you a little more comfort. 

Connections that can last a lifetime 

One of the best endeavors that contemporary libraries undertake is to provide classes and programs for the community. These can range from storytimes and playgroups to yoga and meditation to arts and crafts classes, and so much more. Of course, there are also book clubs and GED classes hosted, along with various technology classes available as well. In these environments, you can connect with folks that may have similar interests and desires, or people who have greater knowledge in something that you may want to grow in yourself. These are the types of connections that may very well last far longer than your participation in whatever class or program you started in. 

Find your local library today

If you might be one of those people that couldn't think of the library without hearing “Shhhhhh!” maybe it is time to give it a try again. You may find that you can’t live without it once you do. So find your local library and see what they have available for you!