Selling a home can be a stressful process. Not only do you need to market your property, but you also need to schedule and coordinate showings and handle negotiations, paperwork and inspections. Selling a home, therefore, requires preparation in advance to make it a smooth and relatively hassle-free process.
To make things easier, keep in mind that you can get help with tasks such as, concrete lifting, HVAC fixes, repainting, and a whole lot more when you’re looking to sell your home. These need to be resolved before you close the deal. Just thinking about these things can be overwhelming. Fortunately, there are things you can do to minimise the stress and inconveniences of selling your home.
Here are things to expect when selling a home:
Your Real Estate Agent Would be on Your Side
When selling your home, having a skilled real estate agent by your side can make a significant difference in the overall process. A reputable agent is not just a mediator but a valuable ally, working in your best interest to navigate the complexities of the real estate market. From setting an appropriate listing price and marketing your property to negotiating with potential buyers and handling the intricacies of paperwork, a trusted real estate agent plays a crucial role. It’s essential to choose a professional from trusted agencies such as Finlay Brewer (www.finlaybrewer.co.uk) and others, known for their expertise and commitment to client satisfaction. With a knowledgeable real estate agent, you can expect personalized guidance, market insights, and a smoother journey through the home-selling process, ensuring a successful and stress-free transaction.
Your Home Will Be Inspected by the Buyer’s Inspector
While your home will be inspected by the buyer’s inspector, there are lots you can do to help minimise any unpleasant surprises. Preparing your home for sale will help ensure it looks its best and makes it easier for the buyer’s inspector to do their job.
The Buyer’s Inspector Will Point Out Any Defects
To make sure your house is in proper condition to be sold, you will need to complete an inspection that will include finding any defects with the structure, plumbing, HVAC system, electrical system and roof. From there, your home will be inspected again by the inspector and the buyer’s inspector, and any problems with these inspections will be dealt with accordingly.
You Will Need to Make Repairs and Changes
Before you put your house up for sale, you’ll need to make a few repairs and changes. First, you need to ensure that the house is safe to live in. This means calling in professionals to deal with health hazards through mold removal, lead and asbestos testing, and pest control. Next, you move on to necessary repairs by calling up plumbers, electricians, HVAC service providers, and wall and roof repair professionals based on what is needed. This can ensure that the utilities work properly, allowing the new owners to comfortably use them. Then, you should reach out to agencies that can help deep clean your home too. This can extend to carpet and upholstery cleaning services, as well as Chimney cleaning if you have one in your home. Finally, repaint your house’s interior walls with a neutral colour. Dark colours can make a room seem smaller, and light colours help it seem bigger. For exteriors, use light-coloured paint.
The Buyer May Cancel the Sale
Buying a home can be a daunting process, and whilst most transactions are smooth sailing, there may be some bumps in the road. One that you will likely encounter is a buyer cancelling the sale or the buyer backing out of the sale. When this happens, it’s a great opportunity to renegotiate with the buyer, but if they’re no longer interested, don’t despair – another buyer is sure to snap up your offer soon.
The Seller Will Need to Obtain a Property Survey
Selling a home can be an overwhelming, seemingly endless process. However, it’s not as hard as you might think. You can make selling your home a lot easier by doing your homework, selecting the best estate agent for the job, and planning on how to maximise your home’s value.
The Seller May Ask the Buyer to Pay for The Closing Costs
When selling a home, especially for the first time, there are many items that can pop up. One of these is the seller may ask the buyer to pay for closing costs. If this happens, consult with your accountant to find the best way forward.
A Homeowner’s Policy May Need to Be Extended
Selling a home and buying a new one can be exciting, but there are a few important items to cross off your to-do list before you put that “For Sale” sign outside. Home insurance is one area that should get your attention before you put your house on the market. A homeowner’s policy may need to be replaced before the home is sold but before you close on the new home.
The Lender Will Require an Appraisal
The lender will require an appraiser to verify the value of your home. If you’re selling your house on your own, you can negotiate with the appraiser. If the lender requires that an appraiser be used, then you’ll want to hire your own appraiser. This appraisal will help the lender make their decision about how much to lend. The lender will also require a copy of the property’s survey and title search.
The Title Company Will Require a Survey of The Property
A title company performs a thorough search of a property’s history to make sure that there are no problems or encumbrances to block the sale of the house.
The Buyer May Negotiate a Home Inspection
Most home sellers are surprised when their home doesn’t sell. One reason for a buyer not being able to buy their home is because of an inspection. Once the closing date has been agreed upon by both parties, the buyer and the seller will schedule a home inspection, and the buyer will conduct the inspection.
