There are several things to consider when choosing the best offer for your property. The best offer is not always the highest. In our latest article, we give you a few tips to help you choose the best deal for your Montreal home.
For a seller, having several offers or different options to sell your home is a dream come true! Every homeowner would like to be faced with the problem of deciding which offer to choose. But you need to be strategic when it comes to making decisions. An offer isn’t necessarily the right one just because it looks perfect on paper. Read on to learn more about the things you should consider when choosing which offer to accept for your Montreal home.
Tip №1 – Profits
When analyzing a paper bid, it’s important to take into account all the costs involved and deduct them from the bid amount. This will give you a good idea of what the sale can bring you. Don’t forget the closing costs, which should logically be somewhere between 2% and 5% of the sale price. If you leave furniture or appliances with your buyers, you may need to replace them. In this case, the buy-back is an additional expense related to the sale. You should also take into account the cost of renovations required to be able to sell. Chances are you’ll do a few before you advertise, and a few after the inspection. Keep in mind that you can sell your home directly to Vendre Maison Vite. That way, you can avoid renovations and closing costs.
Tip №2 – The purchasing method
Some buyers pay cash (without receiving a loan), others will have to deal with a bank to obtain financing. Buyers who pay cash are often preferred by sellers, since the absence of a loan means a faster closing and the avoidance of complex paperwork. The sale is also much more likely to go through, as it is not backed by a hypothetical loan. Banks may withdraw their loan if the estimate is not high enough. If your buyer needs to be financed by a bank to purchase the home, make sure he or she has been pre-approved to reduce possible delays. In this regard, you should know that being qualified to apply for a loan and being pre-approved are two very different things. If you sell to Vendre Maison Vite, you don’t have to worry or wait. We have the funds to buy your Montreal home right now, so there’s no need to worry or wait. Our purchasing process is extremely simple and fast, and you won’t have to worry about any red tape.
Tip №3 – Deadlines
How quickly can you close the sale? The sooner you stop paying maintenance costs, the more money you’ll be able to put in your pocket. Ask any investor and they’ll tell you that, once you’ve decided to sell, the longer you keep the house, the more it will cost. Month after month, the costs of maintaining your home pile up: electricity, taxes, insurance, regular repairs, housekeeping and landscaping are just some of the costs you’ll have to pay until the day the sale is finalized. When you add up everything that needs to be paid month after month, it can quickly add up to thousands of dollars. By selling your home directly to Vendre Maison Vite, you’ll be able to close quickly and eliminate holding costs in no time.
Tip №4 – Buyer motivation
Do you want to be sure that your home will be sold to the right owner? Many people are attached to their property, and rightly so. After all, it’s a place full of memories and laughter. If you sell your Montreal home and find a buyer who loves it as much as you do, you’ll have the peace of mind you need to make a successful sale. To help you decide who to sell your Montreal home to, find out more about potential buyers and their motivations. What will they do with the house? Do they plan to live and love it as you did, or do they want to destroy it and build anew? It’s never acceptable to discriminate against certain buyers. However, you have the right to make the decision that suits you best! Think of your peace of mind when selling your Montreal home and try to choose a new owner who will love the property as much as you do.
When deciding which offer to accept for your Montreal home, it’s important to think about more than just the amount of money being offered. Due dates, payment methods and the buyer’s motivations are all factors you need to take into account before making your choice. To learn more about selling costs and other methods you can use to sell your home in and around Montreal, you can contact us at any time.