Things to consider when selling your home
The emotional side to moving house is often underestimated. Perhaps you’re selling the home you are living in and buying your dream home, maybe it’s the first time you’ve been on the property ladder or you’re purchasing with a partner for the first time. Or maybe it is a sad occasion, such as old people selling their home to pay for care or couples separating from one another or simply being unable to afford to stay in the family home.
Whatever your circumstances, the home selling process is life changing and can come with a lot of complexity. Therefore, it is important to ensure that buying or selling your home is as smooth as possible.
1. Check all documents
If you are preparing to sell, you must make sure that your property documents are in order. It’s a good idea to get all your documentation examined by a solicitor beforehand to avoid any nasty surprises when selling your home.
2. Understanding the Costs
If you’re buying at the same time as selling your home, you may be dealing with more money than you ever will again. So many buyers rely on Google to work out stamp duty, looking for fees or legal costs. Visiting a solicitor first, you’ll receive a more accurate number and you will not be left making guesses and then having to meet unexpected expenses. Find out more about Conveyancing Solicitors Manchester at a site like Sam Conveyancing.
If you separate from your partner, it could be the case that either one of might be legally entitled to a larger proportion of the proceeds that you have previously worked out or agreed upon. You do not want to wait until you have a buyer to realise this. In addition, a separation can, in some cases, be regulated by law in a divorce, the break-up of living together, or providing a home for children. With the help of a solicitor, sensitive areas can be dealt with quickly from selling your house to minimizing the likelihood of disputes.
4. Selling on behalf of parents
If you sell on behalf of parents who are elderly or deceased, you need to ensure that you have the authority to sell – such as a power of attorney. This is a legal issue which must be resolved before a contract can be exchanged. Doing things in advance with the help of a solicitor will help make a difficult emotional process occur more smoothly.
5. Find out if your property has restrictions
Rights of way and property restrictions are issues that will often stop a buyer from continuing. If they find half-way through, your chain could collapse. Get Conveyancing Solicitors Manchester to see it first, to make sure you are not left high and dry mid-way through the selling of your home.