Hello World! Welcome Friends! If you thought that buying a home was stressful, just wait until you sell it. Deciding on the right price and the right time to sell, decluttering to make packing more manageable, and all of the other things that go into selling and leaving a home make the buying process seem easier in comparison.
Reduce the anxiety and stress of selling a home by surrounding yourself with a team of experts. Here to get you through the process are the four people you need when selling a home.
An Experienced Real Estate Attorney
Hire a real estate attorney as soon as you decide to sell your home. Yes, there will be friends telling you to wait until after you find a buyer, but a consultation with an attorney early in the process can identify title and other legal issues that could delay closing on the sale. A review of the deed and other title documents gives your attorney time to put things in order to avoid delays later on.
Having an attorney ensures that your rights and interests are protected, including:
- Reviewing the real estate contract or sales agreement to ensure that its terms accurately reflect the transaction.
- Ensuring that the closing date for your sale coincides with the closing on a home that you may be buying.
- Making sure that you comply with all legal obligations imposed on sellers, including completion of property disclosures that must be given to buyers.
- Negotiating and enforcing terms of the sales agreement when issues arise with a buyer.
Real estate attorneys also look out for your interests at the closing.
Real Estate Agent
Real estate agents know the local housing market and analyze recent home sales to help list your home at a price that is competitive to draw buyer interest while optimizing the amount of money that you receive at closing. A good agent helps you get ready to list your home for sale with strategies to make it fresh and appealing to potential buyers.
Agents screen interested buyers to ensure they can obtain financing to complete the transaction before letting them into your home. They also negotiate to get you the best price for your home, and, in some states, prepare the sales agreement. An agent may handle scheduling of home inspections requested by buyers, appraisals, and other matters to relieve you of the burden.
Home Inspector
Although generally thought of as working for a buyer, a home inspector can facilitate the sale of a home when called in by a seller to conduct an inspection before the property is listed for sale. The inspection report gives sellers an opportunity to complete repairs in advance to prevent them from influencing potential buyers.
Accountant or Tax Adviser
An accountant or financial adviser assists with the tax implications of the sale of a home. A real estate attorney may not have the tax background to advise you about capital gains taxes and other tax issues related to the sale of a home.
Conclusion
You may find that you need to add more people to the team, including plumbers, carpenters and other contractors to help with the sale of a home. Feel free to add them to your team along with your real estate attorney, real estate agent, home inspector and accountant to make your selling experience a pleasant one.
Click the links below for any posts you have missed:
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A Beginner’s Guide to DIY Plumbing
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Toodles,
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