Most sellers dream of a smooth, stress-free process in which they list their house, get an offer and hand over the keys. But in reality, there are many moving parts, some of which you can control and others that are out of your hands.
Start with an experienced agent: Cash home buyers in Colorado know your local market inside and out, can advise you on a realistic price, take professional photos, and set flexible showing times for buyers. Also, agents can help you avoid common mistakes that FSBO sellers make (like pricing too high).
Depersonalize the home: Remove sentimental knick knacks, and consider staging your home with furniture, art and accessories to help buyers envision themselves living there. Also, be sure to cancel or transfer your utilities, and update your mailing address and homeowners insurance policy before putting the house on the market.
Review offers: When you receive an offer, ask to see the buyer’s mortgage pre-approval letter to verify they can afford the purchase price. You may need to negotiate with the buyer to reduce the offer, or you might find you have to pay for certain items to close the deal.
Selling a House Made Easy: Simplifying the Process for Homeowners
Closing costs: You’ll likely have to pay a variety of closing costs at the closing table, including transfer taxes, property tax adjustments and title fees. Your real estate agent can provide you with a complete breakdown of the charges. Also, if you have an outstanding loan on the property, you’ll need to pay that off in full before receiving your settlement proceeds.