If you are considering private house sales for when you put your home on the market, there are a few simple steps to keep in mind that will make things as simple as possible for you. Selling privately can have some huge benefits and does not have to be as overwhelming as it might seem.
The first step is to hire a real estate lawyer for the experience. Contact multiple lawyers and ask how much experience each one of them has. Also, inquire as to how much each lawyer charges. Mention that you will need an offer drawn up with your name and address, as well as the asking price and the information from the lawyer. Once this is taken care of, you’ll want to begin preparing your home for sale.
Make sure that the exterior of your home looks great, including things like the grass, bushes, trees, and other items. Clean exterior features like chairs, grills, and pools, as well as removing stains that may be on your driveway or sidewalk. Fix damage that has occurred on your roof and repair or replace damaged windows or screens. You will also want to paint the interior and exterior of your home as needed. Consider using neutral colors that everyone will enjoy to avoid scaring people off which bold, unique color choices. Remove all political materials, clean out the garage, and upgrade your landscaping to make sure your home is impressive right when people pull up. Guarantee that all of the faucets, lights, toilets, and appliances that are staying in the house work properly, put any added items and furniture in storage, and make sure that your home is clean and presentable.
Once you’ve taken these steps, you’ll want to put your house on the market. Set a reasonable sale price by researching nearby homes that were sold recently to determine the right price. Your county’s property appraiser’s office should have this information. Take photos of your home and advertise it on the Internet. There are several sites that are commonly used by people who are selling their home privately. You can also place an ad in a local newspaper or real estate magazine. Put up signs – if your home is not on a main road, you’ll want to use directional signs to notify potential buyers of its location.
Show potential buyers your home, and then negotiate a deal. Consider every offer in relation to your asking price, as well as the market value of your home. If you are not satisfied with the offer you received, make a counter-offer that is closer to your desired price. Contact the buyer’s lender to verify that the buyer qualifies for lending and take back-up offers until the sale is finalized. If your lawyer has prepared all of the paperwork, have the buyer take it to his or her lawyer for evaluation, sign it, and return it to you. If the buyer brings the offer, make sure your lawyer looks it over before you sign it. Once the paperwork is done, the home is sold!