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Selling your home?
Preparing yourself to sell the house
Emotionally distance yourself from the home. Start seeing 'YOUR HOME' as 'marketable real estate'. You want buyers to see the house as their potential home. It helps to divert your emotions to your next home. If you have not already done it, start looking for your new home.
Preparing the house for sale
Put yourself in the shoes of a home buyer. If it is difficult, ask a good friend critique the house. At least three months before you put the house in the market, start the work of making it marketable.
Pricing the house
Selling your property for the highest possible price is indeed every homeowner's dream but the buyers are looking for the lowest possible price. Somewhere between these two extremes is the fair value of the house that is satisfactory to both seller and buyer. One of the keys to a pleasant sales experience is pricing the house right .
Putting the house in the market
There is more to placing your house in the market than putting a 'For Sale" sign in your yard. A yard sign will only be seen by those pass in front of your home. Your success depends on letting potential buyers know that your home is for sale. So you want to advertise your property where a large number of people go when they want to look for a house.
Preparing to receive interested buyers
When potential buyers or realtors representing buyers call to request a private showing, nautrally you want to accommodate their request. Although most requests are made 24 hours in advance of the showing, it is not unusual for a request to show within a a couple of hours. Before the potential buyer and the realtor representing the buyer arrive, there are preparations to be made.
Conduct open houses
A good number of people start out going to open houses in the initial phases of their search process to learn 'what is out there'. It is definitely a good way to allow potential buyers to see the house from the inside. Plan an open house at least two weeks ahead and advertise
Accepting an offer to purchase
If you have done everything right, at some point an potential buyer will want to make an offer for your house. Offers are usually written up on an officially approved legal document. Buyer or the buyer's agent writes up the form that is accompanied by 'earnest money'
Allowing for home inspections
The primary contingencies in any offer will be that if a home inspection demonstrates structural problems with the house, lead or radon the buyer can back out of the offer. As the seller your job is to open your home to a licensed home inspector who is contracted (and paid) by the buyer
Giving proof of a marketable title
When the post-inspection negotiations have concluded successfully, you may breathe easy. It is almost sure that this sale will go through. You can almost smell cash in your hands. But there is one more thing you need to. You have to show proof that you indeed own the house and that no one else has any liens on the title of the house
Closing the deal
The sale of your home and the transfer of ownership will occur on the day of closing. It takes place usually at the financial institution that gives loan to the buyer. If everything is in order, all that you need to do on that day is to sign a lot of legal documents and count the money. Enjoy the moment!
