If you are selling your property for the first time, you may feel a little too intimidated to get involved in the process. Don’t let the complexities of the property sale process stop you from becoming involved in the handling of your investment. In addition to some of the mistakes first home buyers can make, AREA Title in Toledo has some ways that you can positively become involved in the sale process.
Getting involved in the sale of your property
Speak to your Realtor about steps that you can take and documentation that you can file yourself to expedite the process. In addition to this, there are certain actions you can take to research the buyer’s finance and sale likelihood. If your buyer is completing a title search, be transparent about previous ownership and any outstanding amounts. This can expedite the process for the buyer to obtain title insurance and, in turn, the sale.
The fewer obstacles between you and the buyer, the better
When it comes to selling your property, remember that you are in a position to choose who you would prefer to sell it to from the offers presented. When considering your buyer options, try to minimize the number of obstacles between you and the sale. Buyers who are waiting for their finance to be approved could pose a potential risk of the sale falling through should their finance be declined. Additionally, if there are numerous points of contact between you and the buyer then there are more chances for miscommunication or failing to file appropriate and required documentation such as a title search.
Getting involved in the sale process is easy, and many people are surprised at how much they can do to speed the process along. If you are buying or selling a home, contact AREA Title Agency at (419) 242-5485 for title insurance in Toledo, Ohio to find out how we can help you with a successful closing.
Leave a Reply