So you have made the decision to sell your home. If you are like most people, selling a home can be an overwhelming experience. Here are some tips that can save you time and money and make the whole process just a little smoother.
Review and Understand Your Mortgage
If your home is currently mortgaged, be sure to check with your lender to understand what, if any penalties or interest payments may be associated with paying of your mortgage at this time. This is a critical first step that can save you a great deal of money. The last thing you want to do is get to your closing appointment and find out that you actually owe money due to a short-fall caused by interest penalties.
Finding a Great Realtor to Sell Your Home
Once you have a clear understanding of where you will be financially when your home sale is complete you will want to find a realtor. If you don’t know any realtors personally then do some homework. Drive around your area and note the realtors’ signs that say ‘sold’. Don’t be afraid to contact 2 or 3 realtors and interview them. Have a clear understanding of what their commissions will be, if they expect to hold an open house, and what expectations they have of you. A home sale is a very personal experience so make sure you choose a realtor you like and trust.
Selling Your Home – Preparing your House
Before the ‘for sale’ sign goes up in your front yard you need to prepare your house. This is often referred to as ‘staging’ and can easily be done at the same time you begin packing and preparing for your move. If you will be downsizing then go ahead and have a garage sale or donate any furniture that won’t be moving with you. The less furniture you have in each room, the less cluttered it will appear and you will create the perception of larger rooms.
At this time, you will want to start packing personal belongings and family pictures. When potential buyers enter your home you want them to visualize their own personal belongings there. This can be difficult when they are looking at your family pictures. Kitchens and bathrooms can be a key selling feature in a home so make sure they are spotless and de-cluttered.
Paint the Interior of Your Home Before You List For Sale
If you are going to paint the interior of your home be sure to select neutral colors. Again, the goal is for potential buyers to envision their furniture and belongings in the home and a fresh, neutral coat of paint can accomplish this.
Make Yourself and Your Home Move Ready
If possible, store moving boxes neatly in your garage or rent a storage unit. Be prepared to keep your home clean and ready for showing to potential buyers.
There is no question that having your home for sale can be a real disruption in your daily routine. The quicker your home sells, the quicker your life can return to normal so take these simple steps at the beginning and happy moving!