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Things to know before I sell

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Things to know before I sell

Things to Know Before I Sell

Some people in this world are lucky enough to have a new house despite of the fact that the old one is still beautiful and in its good condition. Because of it, many ended up selling their old house and move on to the new one.

However, if you are one of those lucky people who have a new property and are now planning to sell their house, there are many things that you need to know and do to have the best possible transaction.

The formal and right process when it comes to selling things mainly contains two steps. Once you have received a choice fee from your potential buyer, you need to give them an option to purchase, which includes the name of your solicitor who are responsible of collecting money and most importantly it also include your signature. The option or booking fee is normally 1% of the purchase amount of your house.

Additionally, Option to Purchase usually gives potential buyers 14-day consideration on whether they will buy the house or not.

Being also the seller and owner, you should know that you are not allowed to offer your house to other possible buyers during those days. However, once the current prospective buyer have decided not to buy your house or the time is already expired, then it is now the time where you can offer it to other people.

Once all the selling steps are done, your own solicitor will be the one who does the other needed process and will talk to the legal representative of your buyer about the selling and purchasing of your property.

So if you are planning to sell your property, make sure to know first the things above. With it, the needed process in selling your house will be easier, giving you lesser worry and stress.

You can also take a look at the 4 things which can lower the value of your home and the 4 mistakes to avoid when selling it.

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