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Tips for getting your home ready to sell
During the selling process, buyers and agents will be making their way through your house while trying to envision it as a place they can call home. So you want to make sure to give them a great first impression! They will want to look in every nook and cranny, make sure things operate properly, as well as take note of things they either like, or would like to change. With that in mind, here are some things to consider while you are preparing to sell:
- Declutter: Get rid of things you haven’t used in a while. Organize blankets, minimize toys and accessories, and depersonalize your home a little bit, providing a clean space that may appeal to a variety of home buyers.
- Make small cosmetic repairs: Are there things that need a little paint touch-up, a light bulb that needs changed, maybe the sink has a small leak? Now is the time to tidy up – because a new buyer will notice!
- Spruce up your yard: Get rid of those pesky weeds in your flower beds, maybe plant a few new flowers for some pops of color, pick up sticks around the yard, power wash everything, and keep your grass mowed. If you have a patio with outdoor furniture, now would be a good time to give it a quick wipe down!
- Give your house a good cleaning: Vacuuming, dusting, cleaning rugs, bedding, and washing windows are some of the basics. But some other things to think about would be cleaning out your microwave, oven, and refrigerator because buyers will want to open each appliance!
- When it’s time for a showing, make sure all beds are made, light a candle (or 4), turn on all lights, lock up your valuables, and take your pet with you!
Ready to buy a home?
- Make a list of things you HAVE to have and things you would LIKE to have (those are two very different things). It’s important to know what is most important to you when buying a new home, and what things would be nice to have but are not dealbreakers. Is having a basement a priority or something that would be nice to have?
- Head to your lending institution and get a pre-approval letter. It is super important to understand where you are financially when buying a home. Instead of overwhelming yourself with options, a pre-approval will help you determine the price range that is right for you. This will help focus your search.
- Call a realtor. Buying a home can be overwhelming, daunting, scary, exciting… really all the emotions all rolled into one! Buying a home is one of biggest purchases of your life. That’s why it’s important to call a professional who can help you. We are experienced in the property business and will help you understand all of the details. Let’s get started!
Home Owner Frequently Asked Questions
What is my budget?
Figuring out your price range is nearly impossible to do on your own. Your first step should be getting a pre-approval letter from a financial institution. This will help you determine your budget.
How much should I have for a down payment?
Your down payment can vary depending on the purchase price and the details of your loan. You should consult with a mortgage lender for more information about your down payment.
How much are closing costs?
There are two different types of closing costs: title closing costs and loan closing costs. These can typically range from 2% – 5% of your purchase price and can vary from state to state, depending on the type of loan and your lending institution. Your Realtor can get an estimate from the title company on title closing costs. Your mortgage lender should be consulted about your loan closing costs.
What is earnest money?
Earnest money is a form of a security deposit, or what some may call “having a little skin in the game.” It is made into an escrow account and demonstrates they buyer’s good faith to the seller. This gives the buyer extra time to get financing and conduct the title search, property appraisal, and get inspections before closing.
What neighborhood is best for me and my family?
When thinking about purchasing a home, it is important to think about what characteristics are important to you in a neighborhood. For example, what kind of privacy do you prefer? How close do you mind your neighbors to be? Do you need sidewalks for kiddos and exercising? If you have school aged kids, consider the school district where the neighborhood is located. What travel time will be required for your commute to work? How close is interstate access and is that important to you? Do you need acreage for a shop or pets/horses?
How long is the home buying process?
The home buying process is a race, not a sprint. Once you have decided what you are looking for and have narrowed down your options, the clock starts ticking. Once you have found your dream home, made an offer, and get acceptance on your offer, it’s go time!
Then, closing on a home varies from transaction to transaction, but typically takes 30 – 45 days to complete a home purchase.