Selling your home to buy another property
Moving home is one of life’s most stressful times. If you are trading up or changing location, then you may not be a first-time buyer. You will have the added stress of trying to buy and sell at the same time. Not many people can afford the expense of leaving a decent gap in between the two. Trying to co-ordinate a sale and purchase at the same time is tricky but doable.
Be prepared before putting your home on the market
If you are seriously considering selling your home, then you need to do a few things to help your situation. Trying to avoid any pitfalls down the road is key to a smooth and successful sale.
- Firstly, it is important to know why you want to move and to make sure that what you are after is achievable.
- Arrange for a professional valuation of your property from a local estate agent. This will help you know exactly how much you have to spend on your new property.
- Speak to your mortgage adviser and make sure you can afford to make the move.
- If you get the green light, then you need to instruct a solicitor to do the legal work for you. The first thing they should do is request the deeds to your existing property. This step will save a lot of time in the long run. It is very important to get it done as soon as you decide to sell.
- The next step is to deal with any outstanding problems in your own property. There is no point in waiting for a purchaser’s surveyor to uncover any issues. Being one step ahead with this will bring you less heartache as the process nears completion.
Buying your new property
The more prepared you are the better a purchaser you will be. Any agent will recommend the best purchaser to their clients. So, having all your ducks in a row will put you in a great position. You can start looking in your desired area from the get-go. However, confirmation that you are Sale Agreed on your own property before putting offers forward is standard practise.
Are you thinking of selling your property to move to a new home?
Would like any further information on selling your current South Dublin property to buy a new home? If so, give Henry Wiltshire Terenure a call today. We would love to chat to you regarding your options.