When an owner wants to sell his house or his apartment in Charleston, there are several things to consider. Is there a perfect time to sell your house or apartment? Once the sale has been decided, what are the preliminary steps to be taken? Here are some helpful tips.

When to sell your house or apartment?

When you are a homeowner, you often wonder when is the best time to resell your primary residence. Do you have to respect a minimum period between the purchase of your main residence and its resale? What are the consequences of a short-term resale? Here are some answers.

Do you have to wait a minimum time to sell a main residence?

An owner who wishes to sell his recently purchased apartment or house must make a precise statement of the sums committed for his real estate purchase:

The loan: if he has taken out a substantial loan, it is very likely that it is not sufficiently amortized for the resale operation to be financially profitable. It is indeed frequent that, in the first years of repayment of a mortgage, the payment of the interest is higher than the repayment of the borrowed capital.

Notary fees: a purchase transaction is indeed expensive and entails a certain number of costs to be included in the sale price of the house or apartment in Charleston. The essential costs of a real estate purchase are the notary fees. 

Most people take help from an agency or agent when they search for Sell my house fast Charleston, and it would charge them some fees. Any agency and brokerage fees for obtaining a mortgage, and moving. There is no minimum time to start a resale of your main residence, but you have to anticipate a significant financial impact if it is early.

What to do before putting your house or apartment up for sale?

Once the owner has decided to sell his apartment or his house, he is strongly advised to think about the terms of sale and to anticipate the realization of real estate diagnoses.

Calculate the living area

An important step before putting a home up for sale is to know its surface area. Indeed, the area is essential to calculate the selling price of the property. This calculation is different depending on the type of property for sale:

For the sale of an apartment or a house in co-ownership:

The owner must have the living area of ​​his apartment measured by a professional. If the property has a different area from that announced in the deed of sale, the buyer has recourse against the seller.

For the sale of a detached house:

There is no legal obligation concerning the measurement of the area of ​​a single-family house, but the owner has every interest in knowing the living area of ​​his property to calculate the sale price of it. The buyer will not be able to turn against the seller for the advertisement of an area greater than the existing one.

Estimate a property

Before selling his home, an owner must know the value of the latter on the real estate market. A reliable estimate in line with the real estate trend of the moment will allow a quick sale. A free real estate estimate of your home in Charleston is possible and gives a precise idea of ​​the value of the property for sale.

Perform real estate diagnostics

When signing the promise or the sales agreement, the owner is asked to produce a number of diagnoses on the property for sale in Charleston. Their aim is to inform the future buyer about the condition of the accommodation. It takes a provisional period of one month to obtain all the diagnoses. 

While most diagnostics can be performed quickly by an operator, sanitation requires an on-site visit followed by a report from a local agent which may take longer.