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Proper steps to selling a house?
Posted on 8/10/14 at 7:56 pm
Posted on 8/10/14 at 7:56 pm
I am 27. Bought my house last year, but know this is my last year here. I have a job in waiting and will be moving after July 2015.
What are some steps I should be looking into now - if any - to help me make this transition as smooth as possible?
What are some steps I should be looking into now - if any - to help me make this transition as smooth as possible?
Posted on 8/10/14 at 8:59 pm to House_of Cards
Clean, declutter, fix what may need to be fixed ie general maintenance. Keep the yard mowed/flower beds kept up ... curb appeal is a good thing.
And yes, to find a good realtor.
And yes, to find a good realtor.
Posted on 8/10/14 at 9:35 pm to guttata
quote:
Get a termite inspection
As a seller make the buyer do this unless they make it part of their closing demand
If you find out you hace termites then you have to disclose
So best not worry about it
Posted on 8/10/14 at 10:13 pm to HailToTheChiz
Why not go ahead and sell now? It will take 60 days to close and you can find a cheap rental.
And sell it yourself. We'll all help.
And sell it yourself. We'll all help.
Posted on 8/10/14 at 10:29 pm to matthew25
I think selling now with school just starting back may be tough. No time. Id prefer to put it up for sale by May before I move to Oxford.
Posted on 8/11/14 at 6:10 am to matthew25
quote:
It will take 60 days to close
I'm curious how on earth you got this number? If someone is bringing cash offer no contingencies they can close in a week. Most conv are closing under 30 days, even FHA's with repairs don't usually take 60.
To OP - declutter, depersonalize, make the house feel big but define every space. Make almost all cosmetic repairs but leave a few things for their inspector to find.
This post was edited on 8/11/14 at 6:12 am
Posted on 8/11/14 at 6:10 am to House_of Cards
If you have a septic system, you'll need to have evidence it was serviced in the prior calendar year before a sale (in some jurisdictions). You could hire a home inspector now to look at your entire house and grounds and then you'd have the luxury of the interim to repair any items at relative leisure.
Kudos to you for looking this far down the road.
Kudos to you for looking this far down the road.
Posted on 8/11/14 at 7:12 am to soccerfüt
quote:
You could hire a home inspector now to look at your entire house and grounds and then you'd have the luxury of the interim to repair any items at relative leisure.
This is a good idea.
Posted on 8/11/14 at 7:45 am to House_of Cards
Remove as many taste-specific items or features to appeal to as large a market as possible. Stage the house when you list it.
Posted on 8/11/14 at 8:21 am to matthew25
quote:
It will take 60 days to close
no it won't.
Posted on 8/11/14 at 8:32 am to ItNeverRains
quote:
Make almost all cosmetic repairs but leave a few things for their inspector to find.
We are listing our house today. Can you elaborate on the reasoning for this?
Posted on 8/11/14 at 8:57 am to TigerFanatic99
I did without a realtor for my last sale. Didn't want the hassle of showings, ads, people cruising by and peering into the windows. Priced it right and put the word out in the hood...showed it to exactly two people and the second one bought it. I'm not anti-realtor, I just don't think they're always necessary. Depends on your area & demand in your neighborhood.
Posted on 8/11/14 at 9:41 am to hungryone
quote:
I did without a realtor for my last sale. Didn't want the hassle of showings, ads, people cruising by and peering into the windows. Priced it right and put the word out in the hood...showed it to exactly two people and the second one bought it. I'm not anti-realtor, I just don't think they're always necessary. Depends on your area & demand in your neighborhood.
+1 on this. I simply started telling my neighbors I was selling my house and had multiple interested people looking at it. Sold it to the brother of a neighbor 5 houses down. It's worth trying before you pay someone 6%.
Posted on 8/11/14 at 12:14 pm to House_of Cards
quote:
I am 27. Bought my house last year, but know this is my last year here. I have a job in waiting and will be moving after July 2015.
What are some steps I should be looking into now - if any - to help me make this transition as smooth as possible?
I'm in a similar boat right now. I've owned this home for 3 years, and I have an estimated $33,000 in equity right now. It needs a new roof, and I'm debating if I should spend about $6700 right now or not to do that. I'm really not sure if I'd get that back or not. We are starting to repaint some rooms to more neutral colors and I'm trying to keep the landscaping and lawn in good shape, and we are going to refinish the garage floor as well. After what I imagine is going to be $13,000ish in realtor fees and a new roof, I'm not sure how much will be left for me to contribute to a down payment on a new place.
I really wanted to stay here long term, but my wife's career is going to move us far away next year.
This process makes me sick to my stomach. I feel queasy just thinking about it, and I've lost some sleep over it.
This post was edited on 8/11/14 at 12:20 pm
Posted on 8/11/14 at 1:16 pm to member12
quote:
I'm in a similar boat right now. I've owned this home for 3 years, and I have an estimated $33,000 in equity right now. It needs a new roof, and I'm debating if I should spend about $6700 right now or not to do that. I'm really not sure if I'd get that back or not. We are starting to repaint some rooms to more neutral colors and I'm trying to keep the landscaping and lawn in good shape, and we are going to refinish the garage floor as well. After what I imagine is going to be $13,000ish in realtor fees and a new roof, I'm not sure how much will be left for me to contribute to a down payment on a new place.
I really wanted to stay here long term, but my wife's career is going to move us far away next year.
This process makes me sick to my stomach. I feel queasy just thinking about it, and I've lost some sleep over it.
So don't replace the roof. Is it actively leaking? If so, patch those spots. But don't replace the whole thing if you're getting ready to sell...
And start doing the word of mouth thing: tell every person at your gym, church, office, etc. that your house is for sale. Tell the neighbors on all sides that you're selling, and you want to try it without a Realtor. If they help you, it's a chance to pick the new neighbors.
Make a simple flyer w/a few pics, basic stats, and asking price. Make a PDF of the flyer so you can email/text it to people who ask about it. Marketing an appropriately priced house in a decent area isn't exactly rocket science. Making sure you've priced it right is the only tricky part: do a Trulia/Zillow search and find out what sales in your area are doing.
Sounds like your sleep loss & queasiness are more about the larger relocation than about real estate sales.
Posted on 8/11/14 at 1:56 pm to member12
quote:
It needs a new roof, and I'm debating if I should spend about $6700 right now or not to do that. I'm really not sure if I'd get that back or not.
It may have some impact on an appraisal. 1. If it's leaking can you fix it? 2. How bad does it look? If it doesn't look bad and it's not leaking then try and sell it minus the investment.
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