House For Sale Guide Line
Key steps to selling your property
Selling a home isn't quite as simple as sticking up a 'for sale' sign and waiting for the buyers to come to you. Here is a quick overview of the various steps involved in selling a property. You can also download our handy checklist of things you need to do when selling a house.
• Deciding to sell. Consider what is happening in the broader market and what is best for your particular situation. Also decide if you are better off buying a new home before or after you sell your current home.
• Choosing an agent. Your agent will be in charge of advertising, showing and completing the legal requirements of selling your property, so choose carefully. Find out more about choosing an agent here.
• Next you'll decide how you want to sell. You and your agent will work out a plan for listing, showing and selling your property. See some of the most common types of sale here.Read more
What Mortgage Loan is all about? .
A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan. The lender's security interest is recorded in the register of title documents to make it public information, and is voided when the loan is repaid in full.
Virtually any legally owned property can be mortgaged, although real property (land and buildings) are the most common. When personal property (appliances, cars, jewelry, etc.) is mortgaged, it is called a chattel mortgage. In case of equipment, real property, and vehicles, the right of possession and use of the mortgaged item normally remains with the mortgagor but (unless specifically prohibited in the mortgage agreement) the mortgagee has the right to take its possession (by following the prescribed procedure) at any time to protect his or her security interest.
Find your property
Finding a Potential Buyer
Guiding key staps to take when looking for a buyer
Understand Your Potential Buyer Their Profile Depending on the location of the house and the value attached to the house, as a seller, you must have a rough idea of the kind of buyers that will come your way. If your house is a three bedroom marionette in Lekki, you have a rough idea the profile of buyers to expect. This will help you as you conduct renovations, it will inform the kind of fixtures to put in place. .
Show genuine Interest everyone wants to be listened to and to feel special. Like it or not, this is the way people think, especially when they think they are doing you a favor. Discerning buyers might be able to smell your lack of interest in their welfare from miles away. It makes them presume that you're only interested in selling off the property; not caring if it truly meets what they really want and need. It never hurts to be a little friendly and to show a little empathy. This will make the buyer trust you and be more open to hearing why he or she should buy the property you have to sell