Selling a home is not an easy task; you should keep in mind several factors that affect the sale. Fast, safe, effective and easy home selling tips to sell your home in the shortest time possible.So, follow these tips by Chris Sneed Realtor.
Assess what your budget is for your new home and how much you can afford for your monthly mortgage payments, along with other expenses.
Check your credit score, as if you have a weak track record, you will find it harder to borrow more money. Next find out how much money you can borrow and how much you can afford to put down as a deposit.
Be aware of additional costs such as solicitor fees, estate agent fees and stamp duties which are one of the biggest costs incurred at the end of the process.
Decide on the number of bedrooms, bathrooms, garden, and parking and whether you wish to buy a house of flat. Look at transport links, schools, shops and crime rates.
If you find a property that you like, arrange to view it. Whilst visiting properties, bear in mind it will be your biggest financial outlay, so don’t be tempted straight away if you have some anxieties.
Buyers tend to make an offer below the asking price and subsequently negotiate if it is not accepted. Once your offer is accepted, the property will be taken off the market.
Your broker or lender will sort out your mortgage application according to your Outgoings and income. You may have to pay a booking fee to reserve mortgage you want, typically costing between $99-250.
A survey will be carried out and will typically cost between $150-1,500. Once the Survey comes back to you, read it in detail to see if there are problems with the property.
If there are substantial problems with the property such as subsidence or a need to refurbish, contact the seller to renegotiate. If rejected, you may have to pull out. Be aware you will Iose any money in the process to this date.
Your solicitor will ask you to sign the contract as a way of committing to the purchase and to pay the deposit which is 5% of the asking price. Beware Of being gazumped by someone who offers a higher offer.
You have 4 weeks normally to complete the sale including the Telegraphic Transfer Fee, costing $25-50, mortgage account fee costing $100 -300, solicitors bill $500-1500 and 30 days to pay stamp duty
Once completion has taken place, you can begin making arrangements to move in and or plan building works. This is an exciting but hectic time, so be Sure to get it right and make your house a home!
We hope these home selling tips helps you move fast in selling your home. And, If you have a home and you are thinking of selling it, sneedProperties.com gives you the best option to publish your property.