House Buying Checklist While Selling And Buying A New Home At The Same Time

Buying a new home is always a milestone in an individual’s life. But one has to go through a long tiring process before finally getting to live in their dream home. The longer your home is on the market, the more difficult it will be to sell. From budget to location, from finding the right property to doing all the documentation one has to be prepared for a lot during the process of home buying. The same is also applicable if you want to sell a home & buy a new one.

Here is a checklist of the things that will make the process of selling a home & buying a new home easier for you:

Get your house ready for sale

Examine your home’s primary structures, get your home re-painted to create curb appeal and address any immediate issues, such as leaking pipes, broken windows, water leakage or other issues that might put off potential buyers. These peculiarities are typically perceived by buyers as issues that reduce the value of your home or as negotiation tools during the closing process. Buyers may question whether there are more significant concerns lurking beneath the surface if you have too many visible fixes, which may deter them from making a decent offer.

Put a price on your home

This is a very important step in selling a home to know the correct price for your home. Most people make the common mistake of overpricing the house. Comparable sales are a method of determining the market value of your home. You look at properties that have recently sold in your neighbourhood or nearby areas to see how much they sold for. Connect to a local Real Estate agent and let him take it from there or get your home listed on the property portals. Homexchange India, a well-known platform for home upgrades can also help you with providing the best offer value for selling your home by providing instant liquidity.

Host multiple showings for your home

Once you put a price on your home, the next step is to start showing your property to potential buyers. Showing it to as many buyers as possible increases the chance of striking a deal. Also, it is very important to negotiate with potential buyers until you reach an agreement that works for both parties. With Homexchange, you have the convenience to sell your home with no multiple showings.

Explore new properties

While you continue to find the best buyer for your old home, make sure you find a new home too. Finalize the area you want to live in which has good connectivity and neighbourhood, decide if you want to buy an under-construction property or a ready to move in one. Check for the current market price for the home to make sure it suits your budget. Also, make sure you have the checklist for the required documents ready. With homexchange, you can sell your old home by upgrading to a new home from any project of homexchange partnered developers.

Finalize the new home

Once you are done with the house hunting finalize your dream home and make an offer for it. Your real estate agent or realtor will help guide you through the process.

The process to sell a home & buy a new one at the same time can be time-consuming and you might feel the need for guidance from someone. Here are some tips from our home experts to ensure you can make the move without a hassle. Keep this checklist handy or allow our home experts to do the due diligence to make you a fair offer in 5 days so you can upgrade to your new home in 30 days. Homexhange India has simplified the home upgrade process for you.

Know more about the entire process do check out Homexchange India website.