Special offer

UNDER CONTRACT! NOW WHAT?

By
Real Estate Agent with Savvy + Company (704) 491-3310 228209

UNDER CONTRACT!  NOW WHAT?

Receiving an Offer on your home and going under Contract can certainly make you feel like a million bucks!  The hard part is over now, right?  Know that even after the Contract has been signed, sealed and delivered, there's still a LOT more to do when it comes to actually sealing (Closing) the deal.  Here are the next steps to take once you’re certain your property is actually “off the market” and Due Diligence has begun.

 

Packing as a familyGET TO PACKING

Many sellers think that packing is something that can wait until the last minute; boxing up your belongings is actually a great opportunity for a little spring-cleaning and you’ll find that there is FAR more to pack than you ever thought!  DO NOT PROCRASTINATE!  My clients are encouraged to begin packing before ever even putting their homes on the market.  After all, you’re going to be packing to move when you go under Contract so, why NOT start early Whether you decide to pack, donate or trash items, it’s best to get started now.

 

CALL THE MOVERS

Do not wait until your buyers are past Due Diligence to schedule the movers; schedule them when you go under Contract.  The day you have to be out of your home is a hard and fast date within your Contract; it’s important to get ahead of this process and contact the movers as soon as you can. Moving companies have busier times of year and by booking in advance, you can save having to move twice because you can’t get on a reputable mover’s calendar.  If you're not working under a time crunch, you also have the advantage of shopping around to find the better deal. 

 

PREPARE FOR THE INSPECTOR

Most sellers have been working on a list of minor repair items - hopefully completed prior to listing their homes - so, now is the time to wrap up those final items before your inspection.  Prioritize your list and get to it if you haven’t completed that list!  This can save you lots of headaches following your buyers’ home inspection. There are several other tasks that you will want to be sure you’ve completed prior to the home inspection, including:

  • Performing home maintenanceReplace all burned-out light bulbs
  • Unlock crawl space
  • Remove items from the attic to allow for a full inspection of the attic space
  • Remove items from the walls of the garage to allow for full inspection by the general/mechanical inspector, termite inspector and the structural engineer’s inspection.
  • Replace any worn washers on plumbing fixtures
  • Check for any leaks under sinks and have a plumber address any issues you may be suspect of.
  • If you have had a leak in the past and ‘old stains’ are present in any area, leave a note for the inspector explaining the cause of the leak and any remedy that was necessary to correct it.  Some sellers maintain great records and can even leave a copy of the contractor’s invoice to show that the work was done and/or warranted.
  • Have your windows cleaned - some inspectors incorrectly note a window to have a broken seal when, indeed, the window was merely dirty.

 

For a more complete checklist for Charlotte home sellers to prepare your home for your home inspection, read more here.

 

It's a wonderful feeling to get your home under Contract and at the asking price but, there are still a few items that need to be addressed before your deal is sealed. Contact us at (704) 491-3310 or email CharlotteBroker@icloud.com for more Charlotte home seller tips.


Thinking of listing your Charlotte home?  Visit www.ListMyCharlotteHome.com - We specialize in selling homes for the highest list-to-sales-price-ratio AND in the shortest amount of time!  

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | UNDER CONTRACT!  NOW WHAT?

Comments(67)

Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

This is a great list of things to look for when preparing to list a home. Most of these I already do but I was surprised by one thing I had missed. Adding it to my list.

Feb 04, 2017 08:39 AM
Beth Bromund
Coldwell Banker Weir Manuel - Rochester, MI
REALTOR (248) 651-3500

Debe Maxwell , this is a great list!  I especially appreciate the suggestions for readying the house for the inspector.  Great tips for homeowners, and for agents to share with their clients, thanks!

Feb 04, 2017 09:31 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I always pick up good nuggets here too, Sussie Sutton!  Glad to be of help!

Feb 04, 2017 10:44 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Beth Bromund, so many folks tend to forget those prep items - especially the pad-locked crawl space doors!

Feb 04, 2017 10:45 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

                                      Thank you Debe Maxwell 

Feb 04, 2017 06:25 PM
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

I love getting house ready so when we get the offer, the inspection goes well. 

Excellent details Debe Maxwell 

Lauren Selinsky 

Feb 05, 2017 12:18 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Excellent post.  The inspection is critical.  Leaving it to chance without preparation is gambling with the entire transaction!

Feb 05, 2017 05:44 AM
Chris Lima
Turtle Reef Realty - Port St Lucie, FL
Local or Global-Allow me to open doors for you.

Great post, Debe. I may have missed this one if it weren't for Kathy Streib

Feb 05, 2017 06:15 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Prepare for the inspector....a thought many Sellers would not have on their own.

Feb 05, 2017 06:33 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Debe. Great title and wonderfully comprehensive information.

Feb 05, 2017 07:14 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post! I can see why Kathy chose to high light it this week!

Feb 05, 2017 07:55 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Under contract has differnt roadblocks ahead. Until the appraiser comes out positive and lender is willing to move foward I will start thinking about what ifs.....

Feb 05, 2017 08:36 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Back when I was an agent inspections were not common here, but I still always maintained that getting the offer and getting it accepted were the easy parts. Then the work of getting from there to closing began, and it was often the most difficult.

Feb 05, 2017 09:45 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Debq - there are some many little things that people can handle before listing the home.

Feb 05, 2017 11:02 AM
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-739-3843

Debe, there were some aha moments for me, too with this list! I always go on my home inspections and frequently, having learned from this, I will see before listing, that the water heater isn't earthquake banded or has a drip pan underneath it. This is ALWAYS coming up in a home inspection, along with carbon monoxide alarms and smoke detectors being obsolete. Those last two are the only items that the seller is REQUIRED to do, so it's best to be on top of that right away, too. 

Was headed over to see your blog anyway, but there you are at the top of 

Kathy Streib 's list of favorites this week! 

Feb 05, 2017 11:17 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

"Under Contract"  two very nice words for a seller! It's the beginning of a whole new chapter!

Feb 05, 2017 11:39 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Gald that Kathy featured this one on her weekly post.  Would have missed it otherwise.

Feb 05, 2017 02:10 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

These are all useful tips when preparing for a home inspection, avoiding unecessary 'repairs' witht a little due diligence Debe. Well done and congrats on the feature!

Feb 06, 2017 07:31 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I recently had the most "up in the air" contract period ever.  Lender made my sellers jump through new hoops they invented on a regular basis (house was an odd duck) and the closing got pushed a few times.  The movers got changed a few times.  I still need to write that post.  But I'm waiting for some time to pass so that perhaps the buyers won't say... gee that was us.

Feb 06, 2017 11:19 AM
Mick Michaud
Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 - Granbury, TX
Your Texas Lifestyle is Here!

And of course, nothing can go wrong before or even at closing. 

I cancelled my purchase contract AT CLOSING because we found a problem with the survey that no one else caught.  So get ready to move on, but be prepared to work through the closing issues.

Mar 05, 2017 07:17 PM