The process for selling your home can seem daunting and complicated at first glance – especially when there are so many details to keep track of. But it’s not as complicated or difficult as you may think.

*This is a collaborative post.

Selling Your House? Here Is a Quick Guide

Find out if mortgage terms need to be complied with while waiting for the settlement date – even though the buyer may have agreed upon the sale before obtaining financing from their bank, there is a chance that the bank will decline their application under certain conditions.

Consider hiring help throughout the process: professionals like Jordan & Halstead and removal companies who have experience with house sales in the UK might come in handy when navigating the process.

Confirm with the title company if any repairs are required to meet appraisal standards. For example, new wiring and plumbing installation may be necessary before appraisers can give an accurate estimate of value on your house.

Photo by Julia M Cameron from Pexels

Plan how you want to handle removals (e.g., donating furniture) or whether they should stay at the property until it’s sold or reclaimed by the owner following the settlement date, depending on contingencies within the mortgage agreement.

Consider taking out insurance against theft/vandalism while waiting for sale completion. Some lenders require homeowners to take out cover as part of term conditions under mortgage agreements. Otherwise, buyers would have no recourse if the property is damaged or stolen between the sale date and settlement day.

If you’re not 100% sure that you want to sell, then consider renting your home out until a buyer can be found. Renting your home will give more flexibility in terms of timing so that it’s not necessary to rush into making decisions for fear of losing money on an unsold house.

Choose where potential buyers should show up – for example, whether they should enter through your front door or from the garage (this may affect how much space they take up while inspecting).

Advice:

Don’t allow the stress of selling your house to get you down because it’s not as complicated as some people might think – make sure to plan ahead and set up support systems in place before going through with the sale so that anything can be dealt with quickly when they come up (e.g., hiring professional help).

If you are uncertain which area is best for buying a new home, research online first or consult a real estate agent who has experience in this field; don’t rush into making decisions without consulting an expert opinion on the matter.

Researching mortgage terms, contingencies within agreements, etc., this will save time and money by avoiding surprises later on in the process.

Furniture removals should be adequately planned. If you are giving away your furniture or planning on storing it, then make sure that there is plenty of room and leave enough time before the settlement date (e.g., a few weeks). Removals will take place from property to temporary storage space with the real estate agency until sale day arrives, at which point they can either remain stored or collected by the owner.

Selling your home is not always easy due to finding an appropriate buyer who wants what you have, meeting appraisal standards, etc. If all else fails, though, and mortgage terms need to be complied with while waiting for the settlement date, even though the buyer may have agreed upon the sale before obtaining financing, there may be a chance that the bank will decline their application under certain conditions.