There may come a time in your life where you feel like it’s time to sell your home and move on to a new chapter of your life. This might be because your family is extending and you need more space, or it might be because your children are flying the nest and you no longer need a home as big as your current one. Whatever your reason for selling your home, there are a few loose ends that you should be tying up before putting your home on the market so that when the time comes, the selling of your home goes as smoothly as possible.
Clear your debts
Even if you’re really careful with your finances, you can soon discover when it comes to moving that you’ve accrued some debt that needs to be cleared. Whether you owe some money to your utility providers, or you’re still paying off a loan that you took out for home improvements, it’s always a good idea to clear your debts before even considering moving home. Doing this will allow you to enter the newest chapter of your life debt free and ready for what’s coming next.
Have your home valued
One mistake that many homeowners make is not having their home valued before putting it on the market. Often you’ll have a figure in mind of what you want to sell your home for, and you may find that your home simply isn’t worth what you’d imagined. Read more here about how you can find the market value of your home so that if you want to make any improvements to it before selling, you’ve got plenty of time to do so. Remember that the more improvements you make to your home, the higher your property will sell for.
Check out your credit score
Even though you’re already a homeowner, your credit score still matters when it comes to being approved for the mortgage of your next home. It’s important to check out your credit score so that you’re able to make any changes if needs be. Straightening out your credit score isn’t as difficult as you may think, and ClearScore can help you along the way.
Look at potential homes
Finally, one thing that you should be doing before putting your home on the market, is checking out potential homes so that you know what kind of price to be looking for once you’re actually in the swing of things. It will also help give you an idea on whether you want to stay in your current area, or possibly relocate for a completely new chapter in your life. You will also be able to gain a good idea of how much your next mortgage is going to be; therefore allowing you to sort out your finances much easier.