MARKET RESEARCH:
Are there any homes in your neighborhood for sale? What are they selling for? How long have they been on the market? Relevant information on similar homes for sale can give you a grasp of what to expect when putting your own home on the market. REPAIR & UPGRADE: Does anything need to be fixed in your home? Is anything out of date? Repairs and improvements should be considered before putting your home for sale. ENSURE CLEANLINESS: Clearing any built-up clutter and doing any necessary cleaning is essential before putting your house on the market. TRY TO BE REALISTIC: Try and be realistic with the sale of your home. Unrealistic expectations can lead to unwarranted stress in the selling process. PACK: Pack up and organize any items you might keep but not use for a while.
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1: Don’t think twice about getting a home inspection! Home inspections ensure the safety and overall condition of your home.
2: Get preapproved for a mortgage loan, or seek advice from a mortgage broker before going house hunting. 3: Direct all communication with the seller through your realtor. 4: Make sure the seller has every component of the deal in writing. 5: Make sure all important details such as financing and inspections are included in the offer. 6: Make sure your wishlist is realistic. What can you afford in regards to neighbourhood, amenities, and size? APPLIANCES:
How old are the furnace and air conditioner? Major Appliances can be extremely expensive to repair and replace down the road. Appliances aren’t always included either. Ask what’s included and if appliances are rented or owned. CONDITION: When on a showing, does it seem like the current homeowner has done what’s necessary to keep up with general property maintenance? Are there signs of pests? Shady repairs? Look for signs of mold around baseboards, window ceils, and ceilings. Is their condensation? Water stains? These are all red flags that everyone should be on guard for during a showing. Little problems can turn into big problems down the road. LAYOUT: A newly renovated house always seems attractive, but ask yourself, will this floorplan work for you and your family? It’s hard to enjoy nice decor on new floors if the layout doesn’t work. LOCATION: The condition of a house can be changed, the size of a house can even be changed, and we all know the price of a house can change. However, what doesn’t change is the location. Do you see a future for you and your family in the neighborhood? Is it quiet enough? Is the commute doable? |