As a general rule of thumb, once you have decided to call an agent, you must already be prepared on the front of financial considerations and must be ready to show your house in a short while. Given this situation, it necessitates a considerable amount of time and is determined by the condition of the house in question. Depending on these factors, and of course, this period of time could either be long or relatively shorter on your finances.
In the real estate domain, first impressions are indispensable and crucial, having the ability to either make it break the offer you would be presenting. Thereby, a formidable entry into the market is mandated.
Before you go ahead in your search for an agent, make sure that you take into account the following enumerated guidelines.
Even before your correspondence with a real estate agent, it would help if you first scanned through the mortgage options that would be at hand for you. These choices would be decisive in terms of the term, the price, and your mortgage interest rate. Additionally, these are the options that would ultimately influence the home that would be compatible with your budgetary concerns.
Nevertheless, keep in mind that pre-qualified and pre-approved are not synonymous terms. Although both these processes entail inspecting your debts, current income, and assets, only the latter is inclusive of an official mortgage application.
Repair and Renovate
Be certain that the property is presented in the topmost condition. Many homeowners mistake being too negligent about this aspect, especially because they feel that these issues are too minor to be taken care of. Ensure that every corner, starting from chipped paint to plumbing systems, is in the topmost condition. This would be a vital selling point for your property as the buyer would have to imagine this space as a home, not as one that needs to be repaired once they move in.
The exterior of your house is just as important as the inside. The curb appeal of your house should be done properly. Make it a point to now the lawns and clean the driveway. Again, this would tie back to the importance of first impressions, and it could work in your favor with little effort.
Study the Market
You would have to indulge in some research before you delve into the transaction. The pre-approved mortgage would be a determinant of the price range of the houses you should look into. Take a look at the ongoing demand for houses such as yours in the neighboring area. Additionally, take into account that while real estate ads can be kept track of through newspapers or through websites, only a professional real estate agent would be competent to furnish you with intricate details, such as the amount of time the house has been on the market, the price fluctuations, and the closing prices.
If you are on the lookout for a reputable real estate agent in Ottawa, you can solicit the services of Rey Smiley to cater to all your demands in this arena.