Tips on how to Sell
or Buy your Home
industry is a very fast paced industry and you can sell your house or
buy one in a very short time.
the fact that selling a house or buying a house is hard, the process can
be made easy by learning and practicing few tips.
As a buyer
you can take into consideration the following tips:
the information from the seller to the maximum extent possible. Before
going to your bank or mortgagor, check all the collected information on
your hand and arrive at the estimates carefully.
do the mistake of over committing. Decide on things that you can take
care personally and negotiate on other items in clear terms.
over step. The home that you are planning to purchase should be within
your reach in all aspects. Be choosy and it is preferable to settle for
a home that is 20 to 30 percent lesser than your capacity to pay. By ensuring
this, you can have an advantage of meeting any unexpected eventualities
and you will be in a better position to see through the deal instead of
loosing the whole deal itself.
your credit reports realistically before going for a loan. If you do not
have a good track record, then take immediate steps to rectify them and
build a good repayment record. Do not give importance to inaccurate records
or records that have passed 7 years and ignore them.
to improve on basic requirements instead of adding an extra room. Utilise
the amount for taking up fresh painting job or for laying a good carpet,
as any such improvement will give a good aesthetic appeal to all.
all things that you look for in a house and prioritise them on an ongoing
basis till you finalise the deal. Please make sure that you do not compromise
basic necessities for luxuries.
to keep your cool all through till you finish the deal and finalise your
home buying. By keeping a cool and a clear mind, you can handle even complicated
problems and sort out the issues comfortably much to your advantage. Try
to resolve issues as and when they crop up.
As a seller,
the following points can see you through the deal comfortably:
Spring season for your selling as there will be a hectic activity of selling
and buying in that season. You can also try to match your time of offer
with that of time when the interest rates are low.
is the key in any real estate deals. Learn and understand the home selling
techniques and master the art of negotiation and you may end up with a
few thousand dollars more.
a real estate agent for getting your house disposed. You may even try
to sell your house without any brokers; however, the process will take
more time as the real estate agents are capable of multiple listing in
the buyers market.
be realistic in your offer price. When the offer is more realistic, word
spread over mouth and the chances of getting a best quote within a short
span of time is highly possible. By being realistic in your offer price,
many prospective buyers will come forward and one of the contacts will
on your final offer price and try to finish the deal once you are near
that price. Do not hesitate to forego few hundred dollars as any denial
to close the deal may end up in not selling your home for a quite long
carry out minor repairs and damages to make your property more presentable
and utilise that favourable first impression.