A broker can help you sell your home fast and close quickly.
Closing on your sale is the final step in a long process. If you need tips to sell your home fast and close quickly, you probably want to turn to a real estate broker.
A broker handles the details of your selling contract with the buyer. After you and the buyer agree on contingencies and details, you agree to turn over the key. Buyers might ask you to make repairs to the house or fix something specific before closing. It can take up to 45 days or longer to close your sale, yet here are some tips and tricks to make the process go even faster.
- Make sure you're negotiations with the buyer are final
- Ask the buyer if he or she wants an appraisal before ordering paperwork
- Ask the buyer for the mortgage lender's requirements
- Clear all contingencies (things the buyer wants done)
- Schedule your closing for mid-week and mid-month
- Hire a real estate attorney to do the paperwork
Additionally, your broker can make sure the buyer is ready by asking for proof of his or her mortgage pre-approval. A buyer who hasn't yet applied for a mortgage or gathered the proper documents can extend the closing process by several weeks. In fact, the sale could fall through if the buyer doesn't get approved.
You might give preference to buyers who are approved for a Federal Housing Administration loan. The FHA guarantees loans for certain buyers and can close on a house in just 30 days. If you think to yourself, "I want to sell my home fast and close quickly" it helps to make sure that the buyers interested are ready.
If you are just starting your home sale process, find free home values and connect with brokers at RealtyNow.