Home Selling Tips and Finding the Right Mortgage Loan to Suit Your Needs
The housing market is still on an upswing, so if you’re thinking of selling your home, now might be a good time to do it. Both selling and buying a home at the same time can be daunting. One way to cut down on stress is to have your credit union assist you with getting pre-approved for a mortgage loan. These tips can also make selling your home a more productive and pleasant process:
3 Tips to Painlessly Sell Your Home and Buy a New One
1. Find a Good Real Estate Agent
Having an experienced, responsible real estate agent to help you with selling your home is a must. If you have friends or family members who have recently sold their homes, ask who they used and if they would hire them again. Personal recommendations are usually better than just picking someone at random off the internet. Don’t hesitate to ask agents for some references and proof of their track record. Once you’ve chosen someone who you’re comfortable with, sit down and talk about a game plan for selling your home.
If you’re staying in the area, your agent can also help you find a new home and provide input on types of mortgage loans that may be right for you.
2. Price it Right
A competent agent will help you determine how to price your home to sell. Check out the cost of comparable properties in the area. Because it’s a seller’s market, you may be tempted to list it high, but this can lead to your home staying on the market for months. Keep in mind that if your home’s reasonably priced, buyers may try to outbid each other, and you’ll end up getting more than the asking price; for example, if your home is worth $300,000, it’s probably best to list it at $299,000, not $310,000. In a competitive market, pricing it under the max threshold will generate more interest and ultimately, help your home sell faster.
3. Take the Time to Properly Stage & Photograph Your Home
Staging your home inside and out is vital. Inspect your home and yard from top to bottom and make minor repairs and improvements like fixing broken cabinets, upgrading light fixtures and painting. It’s also important to thoroughly clean your home, remove clutter and get rid of excess furniture. Make sure your yard and the exterior of your home look appealing and tidy as well. Many potential buyers drive by before taking a look inside, so curb appeal is a must.
Once your home is ready, hire a professional photographer to take photos. The right composition and lighting can make a huge difference in the way people perceive your home. Pick photos that pop and really show off your home’s best features. This will make buyers want to see more.
Find the Best Mortgage Loan for You
Clark County Credit Union offers an array of conventional fixed and variable-rate mortgage loans made to fit your budget and goals. To learn more, contact us at 702-228-2228 today!