3 Important Steps to Take before Selling your Blaine Home

Posted on Tuesday, March 24th, 2015 at 11:15am.

Homeowners suffer a certain level of discomfort when they finally make the decision to sell their homes. Especially if this is the first time selling, you may wonder where to start. Calling real estate agents to interview for the job of representing you during the sale is a good idea, but it’s not the first step you should take.

 Nope – there are three smaller steps to take before you pick up the phone to call us.

Take Stock

Figure out if you’ll be selling the home as-is or if you’ll be making repairs. Keep in mind that certain lenders and government-backed loan requirements include specific repairs be made by the seller. To be safe, decide to fix anything that has to do with the health and safety of the home’s occupants.

You should also consider that you may not get what you hope to for the home if it’s in poor condition. Today’s buyers want move-in ready homes, so at the very least the home should be cleaned thoroughly.

Gather your Loan Documents

 You’ll want to find the following items in your loan paperwork:

  •  An assumable clause. Let your agent know if the loan is assumable – it’s a good selling point.
  • How title is held
  • Who else is on the home’s title? That person will need to be present whenever documents pertaining to the sale need signatures. This includes the listing agreement.
  • Check for a pre-payment penalty
  • The loan balance and, if you have one, the balance of the second loan.


 Determine your Time Frame

Sometimes this is obvious. If you’ve accepted a job in another state you know your starting date. When you have another home in escrow you know when you need to be out of your current home.

If, on the other hand, your desired date for closing the sale of your current home is flexible, come up with a ballpark figure of when you’d like to move. This is valuable information for your real estate agent and it will save time if you have this information at hand, rather than having to figure it out on the fly.

Once you have considered the previous issues it’s time to pick up the phone and call your real estate agent. Or, if you prefer, you can just contact me online!

See you next week!

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