Keeping your home in good shape can be a huge factor in whether it sells quickly. This includes investing in minor repairs and renovations to your home. These projects will ensure that you get top dollar when you sell, so they are worth doing.
Cleaning the Entire House
Using a pre-sale cleaning checklist will help you keep track of the tasks that need to be done. This is one of the most time-consuming parts of the process, so getting it right can help your home sell faster.
A deep clean can improve the appeal of your home. Buyers like to see a well-organized space. In particular, the kitchen is important when selling a house. Make sure to wipe down cabinets, walls, and counters. The outside of your refrigerator should be thoroughly cleaned with soap and water.
Another good reason to clean your home is for safety. You want to avoid slipping over an appliance or falling on a spill accidentally. For extra protection, store your remotes in a decorative bin.
A top-to-bottom cleaning can be a good idea, but it will take time and effort. A professional can do the job for you, saving you time and effort.
A thorough cleaning can also include cleaning window sills and ceiling fans. Vacuuming your carpets is also a good idea. In addition, remember to wash your area rugs.
Fixing a Broken Faucet
Having a leaky faucet can be a pain. It can cause water damage to your floor and cabinetry and create a damp environment that can promote mold. This can cost you hundreds of dollars, and it’s a good idea to repair it immediately.
To fix a leaky faucet, turn off the water supply to your home. Then take a look at all the parts. Ensure there are no corroded pipes in the system, which could lead to water pressure problems.
If your faucet is standard, you can unscrew the handle caps and handle knobs with a flathead screwdriver. You can then wiggle the spout to access the leaking spout.
If your faucet is a cartridge style, you can remove the parts using a metal handle adapter. You can also remove the cartridge with a knife or an Allen screw.
You can also replace the O-rings that sit around the base of the spout. The O-rings will wear out, and this can cause leaks. You can replace them at a hardware store, but you’ll want to ensure they’re the correct size for your faucet.
Pre-Underwritten Mortgages
Getting a pre-underwritten mortgage can be a great strategy for a buyer. It can help you close on a home faster and win a bidding war. You should take this step if you’re a homebuyer in a tight real estate market.
You can get a pre-underwritten mortgage with a lender that has in-house underwriters. This will allow the lender to perform stricter due diligence on your application. It is important to keep your income and expenses current and respond quickly to your lender’s requests. You may delay your mortgage application process if you apply for a new credit card or line of credit during underwriting.
Pre-underwriting can also help you weed out offers that don’t have a clear scope to be funded. It is the perfect tool for buyers in competitive markets where multiple well-qualified applicants compete for the same home.
When you get a pre-underwritten mortgage, you’re adding a layer of security to your offer that gives you an edge over other buyers. Your offer will be considered serious and help you stand out from the competition.
All-Cash Offers
Getting an all-cash offer is a great way to help make selling a house a quick and easy process. However, there are a few things you need to know before you get started.
First, you’ll need to know how the buyer’s finances will change during the closing process. You want to avoid ending up in a situation where you must pay for two mortgages. Then, a higher monthly payment isn’t feasible.
Also, if you’re making an all-cash offer, you’ll have to take on some extra expenses. You’ll have to cover the property’s costs plus any extra earnest money. You’ll have to obtain title documents, water certifications, and zoning survey certificates.
Some people prefer to use all-cash offers because they don’t have to worry about the lender’s review or origination fees. There are also fewer hoops to jump through. Besides, you’ll get to close on your house sooner.
A cash offer is better than a traditional mortgage offer. All cash offers are up 25% from last year. That’s because they are becoming more commonplace. More than 25 percent of all home sales in April were all-cash deals.
If you’re trying to sell your home, you may need to move quickly or downsize. Or you might have a new job or a sick relative. If that’s the case, you don’t have time to go through the conventional sale process.