The right preparation is critical for a successful home sale. Selling a house is a huge undertaking, and if you want to make the transaction hassle-free while also maximizing your profits, then taking the right preparations is a must.
Are you considering selling a house in Washington shortly? Make sure to ask yourself these critical questions before moving forward.
1. Am I Ready To Move?
While this may seem like a silly question, it’s a critical one. Sometimes, sellers act on a whim and decide to sell a home for frivolous reasons, only to regret their actions later. This can be a huge mistake, especially when dealing with a large transaction like this! So, before you go ahead with the sale, analyze why you plan to sell your beloved home and decide if they are truly worth it.
2. Can I Afford To Move?
Moving is a costly proposition. You have to purchase a new home, shift furniture and other items, and remember, pay for home-selling expenses like real estate agent fees, closing costs, etc. Things like moving too soon, spending a fortune on repairs, and not accounting for the numerous “hidden” costs can make your journey hard if you do not plan it properly.
If you are looking for ways to cut the moving costs significantly, you can consider a cash sale. A cash sale doesn’t involve real estate agents; you can save on realtor commissions. At 412 Houses, we buy houses in Washington “as-is” without any repairs or renovations, helping you sell quickly and easily.
3. Is This The Best Time To Sell My Home?
While technically, you can sell your home any time of the year, there are certain months (and even days) when selling is faster, easier, and more profitable. Ideally, summer and spring are the hottest months for residential real estate transactions. If you want to maximize your profits (and can afford to wait), selling in May, June, and July is your best bet. Similarly, other studies reveal that homes listed on Thursday sell faster and for more money than properties listed on different days.
4. Should I Sell First Or Buy A New Home First?
The answer to this question might surprise you, but it’s always better to sell first. By selling first, you have the profits to use as a down payment for your new property. Additionally, this gives you a more comfortable timeframe to work with instead of accepting bad offers that come your way.
5. How Much Is My Home Worth?
Two crucial factors determine the market value of your home:
- The current condition of your property
- The level of demand for homes in your neighborhood
The easiest way to determine your home’s market value is by looking at similar properties on the open market. This gives you a rough estimate of your home’s value. Alternatively, you can request a free offer from a cash buyer to determine the appropriate pricing for your home.
There you have it – the top five critical questions home sellers should ask themselves before selling. If you’re looking for a trusted cash home buyer in Washington, call us to start the process. We’ve been helping home sellers sell their property quickly and for maximum profits, and we’d love to help you next.