Selling Your Own Home in 30 Days
Planning to sell any asset movable or unmovable, what is the first question
you shall ask yourself?
What are the questions or reservations I will have if I was buying the house?
Or, in other words, think as a buyer and then assess your home.
Typical questions (non-exhaustive list) a buyer would have when scouting
for a home to buy.
What is the condition of the house?
Are there any government or other levies unpaid and pending?
Does the current owner have legitimate ownership documents?
Is the exhaustive ownership paper-trail available including, that of the previous
owners?
Is or was the house mortgaged?
The convenient way to answer all of the above, and other possible,
questions lie in one dictum. Prepare your home to sell.
When you have decided on a timeline of 30 days, we furnish a few tips &
tricks.
The first step towards preparing your home to sell:
Whilst replying or ascertaining the buyer about the condition of the house.
Evidently, no amount of sweet talk or glib would cut any ice! Authentic
documentation speaks for itself.
How do I get documentation about the condition of my home? You would
ask. The answer lies in getting a 4-point home inspection conducted for your
home.
What are the benefits of this inspection?
Firstly, you get authentic documentation about the condition of your home.
The documentation covers the key indicators of the condition of your home. 4point home inspection covers, HVAC (Heating, Ventilation and Air Conditioning),
Electricals (wiring and panels), plumbing connections & fixtures, and roof.
Once this inspection is carried out you get a document mentioning the state
of these critical components. The document mentions the age, condition,
suggestion on repairs and compliance with the applicable government statutes.
When the buyer walks and asks the unavoidable question. Present him the
report. Moreover, you also get pointers towards what all requires repairs or
replacement. This benefits you even during the negotiations.
Remember, this is the first in preparing your home to sell. Engage the
services of a reputed company.
Documentation
Make sure all your documentation is in order. Secure the no-objection
certificates wherever relevant. Clear all the levies/taxes or make a list, informing
the buyer about incidentals over and above the cost of the house. Complete all
the ownership documentation, including the paper trail of the earlier owners.
Create a neatly indexed file. After all, this would comfort the buyer that the
seller is an organized person. Moreover, this acts as a reassurance that this
organized person also would have taken good care of the home as well.
Groom your house:
Why? The grooming industry is a multi-billion-dollar business for a reason!
Well groomed means attractive. Whatever attracts catches the attention
and has a higher probability of positive results.
Shine the toilets as if they were installed yesterday. All carpets and
upholstery shall be spotless, dry cleaners are in business for this only. Mend the
plants, lawns, etc. Think, you get the point.
Finally, make sure that you spray the house with a good Air freshener. This
is important, trust us. Humans are biologically inclined towards nice smells.
Remember, as newborns, we first start recognizing people by their smell. Even
our own mother!
Now that you have accomplished the task of preparing your home to sell.
Happy selling!