It’s hard to know what to expect when selling your first home. If you are a first-time seller, keep reading for more information.
What to Expect During the Showings
Selling your first home is a lengthy process. While it seems to drag on, it’s important to remember that you will be away from home a lot of the time. Make sure you take some time before you start showing your home to make sure it is spotless, and the yard looks good. Keep your carpets clean and make sure your home is professionally cleaned. When you are showing your home, be sure to be on time, but not too early.
Tips For Staging Your Home
Get professional help! At the very least, hire a local designer whose services will likely be covered by the seller’s contingency deposit. Not only do you need help deciding on the right items, but you also need to make sure all your furniture and items in the house look good. Spend the time to do this right. If you do your staging, here are a few tips to get you started:
- Choose the right time – The perfect time to sell your home is any time of the year, but spring and fall are the best times to do so. The colder months can be stressful, so you may want to wait a little longer. Do not rush your listing.
- Choose the correct date – When you want to list your home, time it right. We recommend putting the date out as far in advance as possible.
Setting Your Sale Price
Several things usually determine the sale price when selling your first home, the price you first ask, how many similar properties you have to compare it to and what area you live in. A standard sales price in New Castle can be between $40,000 and $100,000. If you are in the city, you should expect a higher price than a buyer in the city’s outlying areas. A home in New Castle will likely sell for between $50,000 and $100,000.
Closing on a New House
When you sign a sales contract, you have the option to hold on to your old home for up to six months after signing the contract. If you hold on to your old house, the proceeds from the sale of your current home will be added to the proceeds of the sale of your new home. If you choose to sell your home and move, this means that you will be selling your current home without a mortgage. Therefore, you can use the proceeds from the sale of your existing home to purchase the new home without any financing. The only caveat is that you must give 30 days written notice to your current homeowners’ association if you plan to move within one year after selling your existing home. To do this, you will need to obtain a home warranty agreement.
Contact Morgan Home Solutions
Selling your first home can feel daunting, but it doesn’t have to be. Instead of worrying, contact Morgan Home Solutions today. We buy homes in any condition fast so you don’t have to worry about staging, showings, open houses, or last-minute repairs. Call us today to get your free, no-obligation offer, and you could be closing on the sale of your home in as little as 14 days. We proudly serve the Harrington and New Castle, Delaware, areas.