As you are preparing to sell your home, it is critical to make sure that you are taking steps to make sure the property is protected against damages and attractive to potential buyers. Several simple tips may prove to be especially useful during this phase of the selling process.
Ensure Your Home Insurance Covers Vacated Properties
If you will not be staying in your home while it is listed, you need to ensure that your homeowner's insurance will continue to protect your home while it is for sale. Many homeowner's insurance policies have regulations dictating that the protection of these plans will only apply when the home is permanently occupied.
In instances where your policy will not provide this type of coverage, you may need to add vacant property coverage. This can usually be done through the addition of a rider to your policy, and while you may not like paying extra for this insurance, it can be a wise investment for protecting your property until you have formally sold it.
Have Any Needed Repairs Done By A Licensed Contractor
As you are preparing the home for sale, you may discover some problems that you did not know about. You may be tempted to attempt these repairs without hiring a contractor. However, this can be a costly mistake, as most potential buyers will insist on having a property inspection done. During this evaluation, the inspector will likely find your repairs, and if they are not done correctly, the buyer will likely need to pay to have your repairs corrected. By hiring a contractor for any repair work your home needs, you can be sure that these repairs will be done correctly the first time.
Hire A Photographer To Take The Photos For Your Listing
Making sure that your property's listing is the most attractive it can be is critical for maximizing the foot traffic to your home. However, home sellers may attempt to take photographs of their own home for their listing. While taking pictures may not seem like it is a difficult task, there are an almost countless number of details that will have to be managed for the photographs to look their best. For example, it can be extremely difficult to know which lens will make your home look the best or how the lighting should be set up so that the pictures are clear and vibrant. Luckily, the process of having photographs of your home taken will be fairly quick, and most photographers will be able to take these photographs in a matter of hours. However, it may take a few days for the photographer to process the images and send you the final copy.
For additional advice, talk to your realtor.
Share28 December 2016
Once I paid of the mortgage on my house, I decided I wanted to buy an investment property. I had no idea that the buying process would be different, but it really was. There were so many things to consider that I hadn't thought about, and even the loan application process was different. It occurred to me that if I didn't know about it, others likely didn't either. I built this site to help others see what I went through buying my first investment home. I hope that it helps you to approach the process with more confidence and understanding.
