The home-selling process typically starts several months before a property is made available for sale. It's necessary to look at a home through the eyes of a prospective buyer and determine what needs to be cleaned, painted, repaired and tossed out.
Ask yourself: If you were buying this home what would you want to see? The goal is to show a home which looks good, maximizes space and attracts as many buyers - and as much demand - as possible.
Get a Pre-listing Inspection
Having your home inspected by a professional home inspector before you list is a recommendation from Hud.gov to help eliminate selling "stumbling blocks" in a sale.
Eventually your buyers are going to conduct a home inspection. You may as well know what they are going to find by getting there first. Having an inspection performed ahead of time helps in many other ways:
Copies of the inspection report along with receipts for any repairs should be made available to potential buyers.
Be sure the inspector you use is insured and licensed or certified (if your state requires) or at least belongs to a professional organization such as NACHI, ASHI, NIBI.
Find Out How Much You Can Afford & Learn About Loans and Homebuying Programs
Hud.gov advises to start with learning about your finances. What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate. The calculators below can help, but it is best to visit a lender to find out for sure.
FHA loan programs offer lower downpayments and are a good option for first-time homebuyers.
Thinking Ahead About "Buyer's Remorse"
If you are thinking of buying your first home, you should take out a pen and paper right now and draw a line down the center of the paper. Calmly and logically, think of all possible advantages to buying a home and write them down on one side of the page. Afterwards, you should list all the disadvantages.
Don't Bite Off More Than You Can Chew
Many people dream of home ownership but it mandates homework, legwork and considerable effort on your part to ensure that the process goes as smoothly as possible.
Strengthen Credit, Determine How Much You Can Afford, and Get Pre-Approved.
Get a Realtor
More than 2 million people in the United States have earned real estate licenses. However, real estate is a tough business with a steep dropout rate, and the result is that only a small percentage of those with licenses actively help buyers and sellers. Find the expert that will help you find the perfect home for you.