Finally, after months of thinking and consulting with family and friends you’ve finally made up your mind: you’re going to sell your house to a reputable cash buyer.
But while you’re firm on your decision, what’s the next step for you?
Here are some steps that will finalize everything and should also help you to have a smooth transaction:
1. Prepare your home: Do a bit of cleaning and one final round to make sure that your property is in good condition. Declutter, do some minor repairs to increase its appeal and value and separate the things that you want to take with you when you transfer.
2. Double up on your research: real estate investors will come in a dime a dozen if you dig deeper on the industry. But then again, choosing the best company to take care your house will take a bit of in-depth research. Try to read reviews or ask for references from past clients is a start. Should you want to go the extra mile or if you have a couple of hours to spare, visit their office or call them. Legit cash buyers should have their pertinent information on their website, including their office address, telephone numbers and social media pages.
3. Get your house appraised: This, however, doesn’t mean that you’re already sealing the deal. Real estate investors will have different opinions to determine your home’s market value. This will give you an idea on how much it’s worth and of course, the price that they are willing to pay and that you’re expecting to get.
4. Negotiate and ask questions: Be clear about the price, closing date and any terms and conditions that will come with the deal. Again, true cash buyers will be more than happy to share any information regarding this for the sake of transparency and also for your benefit.
5. Be ready for paperwork: Selling your house for cays is just like any other transaction, so it’s best to look forward. Prepare copies of the title, tax assessments and other important documents that will lead to a smooth and worry-free transaction.
6. Finalize, close, move out: Once you’re done, consult with a real estate attorney to handle the closing process, give you some last minute legal advice. They will also make sure that all aspects of the deal are covered for the transfer to run properly and smoothly.