Real Estate

Selling your home can be an incredibly busy time, especially when it comes time to open your home for inspection. The process of letting numerous strangers through your home is often unnerving. Here are some tips to help protect your privacy and safety when you open your doors to the public.

Dont be Reckless with That Necklace

Selling your home can be an incredibly busy time, especially when it comes time to open your home for inspection. The process of letting numerous strangers through your home is often unnerving, but you can follow these tips to ensure your privacy during the process.

While we usually expect the best from people, opening up your property to the public can mean you run the risk of more unsavory people entering your home. For this reason you should lock away any valuables that sit loose in your home, as the vendor is generally liable for any losses incurred during an inspection. The same goes for personal items like photographs and treasured family furniture this also lets potential buyers imprint their own vision on the house, making them more likely to buy.

Keep a Directory

Organize with your real estate agent to take down the details of people who view your home. This doesnt just give you a strong database of your potential buyers, but also adds an extra layer of security should anything bad happen to your home.

Ensure and Insure

By keeping that insurance policy airtight, youll protect yourself against damages and losses incurred at an open inspection. There can be energetic children, and people will be unfamiliar with their surrounds accidents can always happen, so be prepared. Check with your insurer that your policy covers open inspections. We buy houses in Miami Lakes .

State the Date

In the time leading up to the inspection, make sure any signage and advertising very clearly states the time and date of the inspection, and that this is the only time for people to look at your home. While healthily interested buyers are an excellent indicator of a sale, you dont want people dropping by at just any time or snooping around the yard when youre out.

By keeping your safety and privacy under wraps, youll have peace of mind when you open your doors to the public and feel great about getting on with selling your home.

Your house is likely the most valuable thing you own not just in an emotional sense, but a financial one. Thats why you need to make sure you take the correct legal steps when you decide its time to sell. Heres a handy checklist to help you through the process.

Here are some tips to stay on top of your home saleGet Your Paper in Order

Your house is likely the most valuable thing you own not just in an emotional sense, but a financial one. Thats why you need to make sure you take the correct legal steps when you decide its time to sell. Heres a handy checklist to help you through the process.

When you organize the sale contracts, make sure to include up to date certificates for drainage, zoning and any adverse affectation that can apply to your property. You have to give an accurate representation of your home to buyers, and this documentation will put them at ease about making the investment and moving in. If you dont meet your Vendor Disclosure Requirements, a sale might not be completed which can be awkward if youve already taken steps to purchase your next property.

Remember to have the contract for sale drawn up before you put your house on the market, by the way failing to do this is breaking the law in some areas, including New South Wales.

Dont Jump the Gun

Its crucial to recognize the cooling off period when you make an agreement to sell the house. Buyers can often be hotheaded and make a decision they regret in a couple of days. Before you pop the champagne, wait for this period to end and for the deal to settle. Settlement can take up to six weeks, but the cooling off period is usually only about a week it varies from state to state, however. The buyer will also forfeit some of their deposit if they withdraw in the cooling off period usually about 0.25 per cent of the deposit.

Get the Gist of GST

Depending on the use of the property, you may have to pay GST upon its sale. This usually does not apply if the structure is being used for residential purposes, but a commercial building can incur the goods and services tax. Check with an expert to see what taxes will need to be paid when you sell.

There are many legal obligations to be aware of when you sell a home, but contacting an expert can help you work through this smoothly. Once you have your paperwork in order, buyers will feel at ease and be more than willing to take your home off your hands!