Accepting An Offer On Your House

Accepting An Offer On Your House

Once you have agreed a sale, you should contact a Solicitor. A Solicitor will protect your interests throughout your house sale and though expensive, it is recommended. Try to negotiate a flat fee and put them in touch with your buyers Solicitor. An offer is a sales contract and is legally binding and therefore can be complex. Look out for any special clauses in the offer that might work against you. Make sure the buyer has been approved for financing and do not sign the offer until you have looked at it thoroughly.

Keep details of all your potential buyers who make an offer just in case yours falls through.

Final Details

The buyer should now arrange for a survey to be done on your house. This costs the buyer money and shows that they are serious.

Next you will need to notify your mortgage company that you will be paying the balance off. Finally, collect together any warranty information on your appliances to pass on to the buyer and get your removals sorted.

It usually takes 30-45 days to close the sale following the signing of the sales contract.