Steps to Sell a House Quickly and Easily
Selling a house can be complicated, but there are many things you can do to speed up the process and make it less stressful. From hiring a real estate agent to removing personal items from your home, there are a number of steps you need to take before you sell your house.
One of the first things you need to do is decide whether to sell your home on your own (known as FSBO) or use a realtor. About 10 percent of homeowners sold their homes without a realtor last year, but working with a realtor is often the best way to maximize your home sale profits.
Once you hire a realtor, they’ll help you set an asking price for your home based on comparable homes in your area and perform a comparative market analysis. You can also get advice on staging your home and decluttering it to make it more appealing to buyers. Also read https://www.acompanythatbuyshouses.com/sell-my-house-fast-greenville-tx/
You’ll also need to complete a seller disclosure form, which requires you to disclose any problems with your property. You should do this before you put your home on the market so that buyers aren’t surprised by issues during a home inspection. This is also an opportunity for you to provide buyers with any documents they’ll need to obtain a mortgage and close on your house.
Before listing your home, you’ll need to prepare it for showings by cleaning and making repairs. It’s a good idea to get professional-quality photos taken of your home as well, as they can greatly improve its online visibility and attract more buyers.
Once you have an offer on your home, the buyer will likely ask to have a home inspector and an appraisal done. These are common contingencies in real estate contracts and allow buyers to walk away from the sale if they’re not satisfied with the results of these inspections. If you can’t fix any issues identified by the inspector, or if the appraisal comes in low, you may need to lower your asking price.
After the home inspection and appraisal are completed, the final step is closing on your house. This typically happens a week or so before you hand over the keys. During closing, you’ll sign a variety of documents at the escrow office or title company that transfer ownership to the buyer. Your agent should give you a list of all the required documents ahead of time so you can be prepared.
After you finish signing the documents, your lender will release the funds from escrow and close on your house. You and the buyer will then need to remove all your belongings from the home, transfer any utility services out of your name, and cancel your homeowner’s insurance policy. You can usually expect to receive your proceeds a few days after you sign the final documents.