Wednesday, 15 February 2012

WANT TO SELL YOUR HOUSE FAST?



WANT TO SELL YOUR HOUSE FAST?


                                       THEN, GET YOUR HOUSE IN ORDER



by    Arshid Idris    Solicitor    15th February 2012


Sellers of property often feel that the process of selling their house doesn’t move fast enough.

There may be a variety of reasons why a sale doesn’t progress quickly. Most of these can be overcome by doing the ground work I recommended in my blog of 15.12.11.

There are also some further, simple steps that a seller can take to speed up the selling process. These include the following:-


1. Energy Performance Certificate (EPC)

Home Information Packs (HIPS) are, of course, no longer required but an EPC is required in all cases and is readily available from a variety of Energy Assessors. Many sellers do not have an EPC for their property to hand over their solicitor at the start of the transaction.


2. Planning Consents, Building Regulations Approval
& Completion Certificate

Almost every property has undergone alterations requiring approval. This includes electrical work and gas installations such as a new boiler as well as double glazed windows and conservatories. Yet it is surprising that few sellers have the necessary paperwork.

This has given rise to a huge increase in indemnity insurance policies being taken out, usually at the expense of the seller. Not only does the seller incur the expense but the transaction is also held up as the lawyers often argue over the issue. It is worth stating that an indemnity policy is never as good as the approval which it is intended to make up for.


3. Guarantees

The originals of all guarantees should be provided by the seller to his solicitor at the start of the transaction. Of course, the buyer will need the original guarantees on completion of the sale so that a claim can be made if necessary.


4. Existing Indemnity Insurance Policies

Likewise, if you as a seller have any indemnity insurance papers for your property, it will help to save time by providing the papers to your lawyer right at the beginning.


Conclusion

All of this may seem obvious yet it is surprising how often the absence of these documents can and does cause delay in the sell.

As always, good preparation wins the day.      





7 comments:

  1. Yes I want to sell my house fast. no slow down. It is a great opportunity to buy your house.
    sell my house

    ReplyDelete
  2. There are a lot of things to consider before you sell a house. That includes legality, price, rebate, marketing, prospective buyers, etc…. If you are not well acquainted with the all the red tape, you'd be better off asking for assistance from a lawyer or a real estate agent.

    ReplyDelete
  3. Certificates, certificates, and other paper work - these are all you've got to accomplish before you can sell your house. Make sure that everything is legal and that the prospective buyer has no reason to come looking for you, except to thank you for giving up such a fine house. It may be a lot of work, but a lot of work can also increase your house's selling value!

    ReplyDelete
  4. I agree that good preparations can win your day. Also, preparing all your documents can possibly give you the chance to acquire the best deals out there. You will not miss any prospective buyer or agent because you won’t be wasting your time preparing your documents on the same day of your search for buyers.

    ReplyDelete
  5. You must prepare all your documents just like the way you set up your house to be attractive to buyers. Everything must be in order, complete with all the paper work that you and your buyer need once you are ready to negotiate. Most buyers want to get the house as soon as possible. Don’t let incomplete documents be the reason why your potential buyer will change his mind.

    ReplyDelete
  6. Would you want to sell your house fast, I think you should fast communicate with contact person for buying a own house No slow down.

    ReplyDelete
  7. If you want to sell your house then you can join with this site admin to sale and buy your house. Its a good way to buy your house by online.

    ReplyDelete