Are you in the process of selling a home? If you’re a first-time home seller or even if you’ve been through the process of selling a house before, it’s important to ask yourself a few key questions. Your home is probably one of the largest investments you’ve ever made so you want to make sure you’re in the know when it comes to selling. In this blog we’ll take you through a few vital questions that will help you make the most of your selling experience.
Selling a House: How much will it cost me to sell my house?
Like anybody who’s ever sold a home, one of your primary questions is probably along the lines of wondering how much a buyer will pay for your home. While it’s comforting to be in a position of making money on a home or property, it’s important to note that there are selling costs involved. For one, will you be using a realty service to sell your home? Selling a home is not free. You’ll have expenses like closing costs and even a buyer’s warranty, seller concessions, and real estate commission. Do yourself a favor and make a list of these estimated costs up front so you know what you’re getting into when selling a house. Learn more tips here.
Selling a House: How much is my home worth vs. how much can I sell it for?
Getting the most bang for your buck isn’t always possible in real estate. There are many factors that go into determining the selling price of a house. The price you list your home at will likely change during negotiations with a potential buyer. Of course, there’s always a chance you’ll be able to sell your home above the asking price but it’s important to recognize that you might not get the price you want. Having a Goldilocks range where you feel comfortable with the selling price will help alleviate some pressure when selling a house. You’ll also want to look into the current housing market and neighborhood selling trends. All of these are important factors when selling a house.
Selling a House: What’s my timeframe to sell?
There are many unexpected twists and turns in life. Sometimes you can’t always prepare in advance when it comes to selling a house. If you find yourself in a scenario where you have to move as soon as possible, you’ll want to consider the cost of potentially needing to pay two mortgages if you buy a new house, or your current mortgage plus rent at a new location. Budgeting accordingly will help you avoid being strapped with unforeseen costs when you’re in a time crunch.
Selling a House: Would repairs help me sell my home faster and at a higher price?
One of the most important questions you can ask yourself when selling a house is if there are any repairs that will help sell your home faster and at a higher market value. While there are buyers out there who love a good fixer upper, having a strong and reliable foundation in the home you plan to sell will offer buyers comfort and security and may even sell your home faster than expected. It doesn’t seem likely that a potential buyer would happily incur the cost of needing to replace a roof soon after purchasing their new home. If your home’s roof is in disarray, we recommend contacting a local roofing company to get your roof squared away before selling a house. Making the investment to repair or replace your roof before you sell your home has the potential to reap many rewards. Other valuable repairs could be anything from insulation, siding, windows, and even appliances throughout your home.
Did you know the team at Roof Advance also does insulation work? Save money on your energy bill by making the most of your home’s insulation.
As always, let our roofing experts give your roof a free estimate. If you’re in the market to sell a home, be sure to contact the experts at Roof Advance to get your roof in tip-top selling shape! For more updates be sure to follow us on Facebook. Our experienced and professional roofing team is ready to help you with all your roofing needs! For the best Ann Arbor roofing company, Roof Advance has you covered.