Selling up is a stressful time as you have to find someone to buy your property, and then find a new home to move into. It should be a decision that you have thought about for a while, as you don’t want to regret it. Here are some questions you need to ask yourself when selling your home.
Can you afford to move?
A lot of the time people sell up without considering the financial pressure it may put on your family when you move. If you are moving to a larger property, you will need to change your mortgage which will put your monthly payments up higher every month. Talk to mortgage lenders about how much they will give you once you have a valuation of your property. Of course, this could change if you do sell your home for a lower or higher price. But it will give you a good idea of the cost of the monthly repayments. Remember to budget for any changes you will need to make at the new home.
Have you sorted out a solicitor?
Another question you need to ask yourself when selling up is whether or not you have found a good solicitor to guide you through the move. They will deal with the contracts and will ensure everything is legally correct. You should find solicitors who offer a set price at the beginning so that you don’t have any shock costs at the end that you can’t afford. They will help you to make the move run smoothly so that you can get moved as quick as possible.
Will you need to store your belongings?
You also need to ask yourself if you want to move into another property straight away. If you do, it’s best to start looking straight away when you put your home up for sale. However, things don’t always run smoothly, and you could end up selling up before you move into a new home. Therefore, you may need to store your belongings so that they are protected until you can move them into a new home. You can find many companies such as Safe Store, who will keep your belongings safe until you move in.
Are you with the right estate agent?
Another question you need to ask yourself is whether or not you are with the right estate agent. Get your home valued by a couple of estate agents so you can meet them and decide who’s right to sell your property. They will prepare a brochure about your home which you can look through. If you feel like they aren’t getting anywhere with your home, you may want to change to a different estate agent.
Is your house the best price?
You should also ask yourself whether your home is priced too high. If you aren’t getting anyone making an offer, you should consider whether you should come down slightly. As this article reveals, if you put the home up too high, it will stop potential buyers making an offer.
Once you have sold up and found a lovely new home, you can read our previous blog about making the new home your own.