Whether you’re buying or selling, the home sale process can be exciting. Unfortunately, as its many complicated steps unfold, it can also be bewildering or even downright scary.
Fortunately, it doesn’t have to be as bad as all that. There are things you can do to minimize the puzzlement and stress, and with that in mind, here’s some advice to help you whichever side of the transaction you’re on.
The Home Sale: Advice for Buyers
It’s generally not a good idea to call the real estate agency associated with each and every property that interests you. You’re likely to have better luck working with one real estate agent exclusively. The relationship you establish will ensure that the agent is committed to looking out for your interests and will provide you with accurate, up-to-date market information.
Brace yourself for a lot of paperwork, and be prepared to handle it in an informed manner. Don’t just go to the home sale closing and blindly sign documents you don’t understand. Prior to the closing, go over the documents with your representative, and don’t be shy about asking for clarification of anything you don’t understand.
Know going in that the mortgage financing for a home sale is a complicated process. Be ready to produce documents like bank statements and pay stubs and understand you may be required to do so right up until closing.
The Home Sale: Advice for Sellers
Be aware that potential buyers are going to look your house over carefully alert for every flaw before committing to a home sale. You may want to spruce the place up and make repairs and improvements.
The Home Sale: Advice for Buyers and Sellers
It’s extremely important that your real estate professionals are able to contact you at all times. Provide backup contact information, and let them know when you work and when you’re going to be away. Doing so will keep you informed and involved as the home sale process moves ahead.
Finally, ask questions about anything and everything you don’t understand. Don’t be shy. Your real estate professionals understand that a home sale is a complex, technical, and perhaps even esoteric process, and they want you to comprehend what’s going on.
True Title, Inc.