Once The Battles Group agent presents you with comparative sales for your home valuation, you’ve prepped your house for sale and set a price, then you’re ready to prepare for showings.
What is a showing?
A showing takes place either at an open house, which is a scheduled session when anyone can come by without an appointment, or during an appointment scheduled with you or your listing agent.
How do I prepare my house for a showing?
Before photos are taken and before the first showing, you should:
Immediately prior to any showing:
What can I expect when showing my house?
Three important things you can do to help get your house sold are:
Congratulations! Now you need to evaluate that offer and decide how to respond.
What is an offer?
An offer to buy your home is a purchase agreement signed by the potential buyer that includes:
How do I evaluate each offer?
Whether you have one offer or several, you and your agent will look at:
You and the buyer can negotiate until you both agree on the final contract.
Most buyers request a home inspection as a condition of their offer. While a home inspector will dig more deeply into your home than a buyer, the preparation you made before your first showing should help you get ready for the inspection.
What is a home inspection?
A home inspection is a thorough review of your home’s structure and systems by a professional inspector. A buyer can use the inspection report to decide to rescind their offer if a major issue is uncovered or to request repairs if the contract is contingent on a satisfactory report. In some cases, a home inspection is solely for the buyer’s information and won't be used to negotiate.
As you near the end of your home sale journey, one of the last remaining steps is getting your home appraised if the buyer has obtaining a loan.
What is an appraisal?
An appraisal is an objective valuation of your property that serves as a safeguard for the buyer and the buyer’s lender. While the buyer pays for an appraisal, the appraiser actually works for the lender.
How is my house appraised?
Appraisers use as many measurable pieces of data available to provide an accurate value of your property, including:
Appraisers include research about other properties and neighborhood values, as well as an in-person visit for their evaluation of your home.
How can an appraisal affect my home sale?
An appraisal could require a renegotiation if the property value comes in lower than the sales price. The appraised value dictates the maximum amount the lender will allow the buyers to borrow, minus their down payment.
What should I do before the closing?
Before closing day, you’ll need to:
What can I expect when closing?
Seller expenses, which are deducted from the proceeds of the sale, include:
The buyer will do a walk-through of your home before the closing to check that the property is in good condition. You'll need to provide house keys to your buyer, along with all alarm codes, remote controls for the garage, and mailbox or gate keys.
After the closing, you’ll:
Congratulations! You have successfully sold your home.
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1830 Washington St Chattanooga
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