Whether you've sold your home ten times or you're going to be doing it the first time, there are things which need to be taken in to consideration before making the decision and listing your home for sale. There are many sellers who think that home selling process is very easy and don't put much effort behind this process. In the end, this manages to create more difficulties.
So, before you start making repairs or marking dates on your calendar for an open house, it's smart to prepare a home selling plan. Of course, you probably want the most you can get, but you make costly home selling mistakes along the way. And as per experts at Spring Hill Realty, before you sell your home, there are several things that you need to know before beginning the journey for the first time or the tenth. Here is the list of 5 things to know before you decide to list your house for sale.
Reason for Selling
Explore your reasons for selling. Everybody and everything needs a reason to happen. If you aren't very motivated to sell your house and it just struck you one morning that you should move from one town to let's say Buy a Home in Spring Hill, Tennessee. There is a strong possibility that you might have not thought through the process, which implies you could be setting yourself up for disappointment. Your reasons should be clear, and your motivation should be decisive, and not "iffy". You hsould not have an attitude of "if the home sells". Rather, you should have the opinion that it will seel, and you should act accordingly.
Buying a New House
Most people who primarily sell their house, do so to buy another one. It's better to put together a list of neighbourhoods where you may want to live and take some time to observe and explore those areas. Make a checklist of things you currenlty have, and will not give up. Are the ammenities as nice? Are there sacrifices you'll be making?
Contact Spring Hill Real Estate Agents
Since there is a lot of competition in the market, experts recommend on consulting at-least three neighbourhood residents. We will do the best job and will present you with a comprehensive marketing plan that explains what we will do to market your home. Ask each for advice about the following, as opinions will vary:
- Preparing your House for Sale
- Repairs before Selling
- Staging and Photography
- Home Pricing
Get ahead, secure a lender
This is perhaps the most important and time consuming step, which needs ample time in research and finalizing. First, call your existing lender to find out exactly how much you need to pay off. Think about ordering a beneficiary statement. And follow it up by checking new financing offers from local credit unions. Ask for an estimate of costs. Compare rates and fees, payments and down payment.
Play it smart and sell before you buy
If you go by the business rules, then it is better to be pragmatic than emotional. Usually the moment a house goes on market, people are tempted to bounce around on virtual tour of their fantasy homes. And thus, they get carried away. It is always more profitable to sell before buying.