Thursday, November 14, 2019 / by Amber Tice
Knowing what to expect when it comes to selling your home will make the process so much easier for you and for everyone involved. Trust me when I say, there are several different professionals involved when you decide to list. Here is the last article in my “What to Expect When Selling Your Home” series.
EXPECT THE NEW BUYERS TO HIRE PROFESSIONALS TO EVALUATE ITEMS THAT AN INSPECTOR CANNOT SEE: A diligent buyer will hire professionals to do sewer scopes, radon tests, and well inspections. These things are all normal. They want to make sure they are purchasing a property that has been well taken care of. They are also trying to make sure they are not going into it blind. If the new buyers know of these issues ahead of time, they can then do what is necessary to make sure issues are mitigated before closing. They may even just want to know what needs to be taken care of after closing. Do not panic when you hear that several inspection appointments need to be made. It’s all just part of the process.
EXPECT AN APPRAISER TO COME INTO YOUR HOME: An appraisal is the very last step before closing. This usually happens a week or so before closing. The buyer has purchased this appraisal through their lender. The lender is the one who orders the appraisal and will most likely not loan on the property until an appraisal has come back. There are times when an appraiser doesn’t enter your home. Just know that his is most likely going to happen. Make sure you are aware of the appointment time (your agent should already know this information and will share it with you) and be flexible when the appointment is being made.
EXPECT TO MAKE AN APPOINTMENT WITH THE CLOSING AGENT: Last, but certainly not least you will be making an appointment with the title and escrow company in order to sign your closing docs. Before this point your agent should have sent you your closing settlement statement and should have gone over it with you to ensure everything looks correct. If a mistake has been made (it’s bound to happen sometimes) it is easily fixable. The quicker a mistake is caught the quicker and easier it is to fix. Your settlement statement can be a confusing and overwhelming document so do not hesitate to call the title and escrow company if you need further clarification on what you are looking at. Again, that is what they are there for.
EXPECT TO BE MOVED OUT OF YOUR HOME BEFORE CLOSING: It can be extremely stressful to be moving out of your home on the day of closing. This is stressful for everyone involved so I would suggest making sure you have a clear plan, a place to store your belongings, and a lot of people to help make all of this happen. If you aren’t out of your home on the agreed date and time you could run into legal issues so BE PREPARED. It is also extremely important that your home is in the same, or better condition (this is in the contract) as when it was shown. I would suggest hiring a professional cleaner to come in and deep clean your home. This can only put a smile on the new buyers face and who doesn’t want that, right? I would also suggest leaving a welcome note with information regarding where you left the keys and the garage door opener, a little bit about your neighborhood, where the mailbox is, and what services are available in the area. These are all nice things you can do to make the new buyers feel welcome.
There you have it! With all this being said, I think it is safe to say you should expect A LOT when selling your home. There are so many things involved in this process, but that is why there are professionals in every aspect of real estate who can help you navigate some of the trickier parts of selling. Your agent should also be able to recommend each professional to you as the need for one of them arises.
As always if you have questions regarding anything about this please follow me, or reach out.
Happy House Selling!!