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When you think about selling your house, you probably imagine the millions of questions that house buyers have for you: if the neighborhood has kids, how much you’re selling your house for, the square footage, and more. However, you need to ask questions as well. Before selling your Suffolk County home, there are inquiries you need to ask the potential buyer, whether a family or a We Buy Houses company in East Hampton, NY.
Some of the questions you should ask include their home-related interests, their financing, if they have pre-approved loans, when they want the house by, if they’re selling a house, and what they did and didn’t like about your home. Read below to learn everything you need to ask your potential house buyers before you sell your house.
As a homeowner, you know that no house is perfect; however, there are must-haves for every person. You shouldn’t assume that your potential house buyers know everything about your East Hampton, NY home. Ask them about their interests and what they want in a house. Are they most interested in schools in the Suffolk County area? Is open-concept a must-have? Do they want a house with backyard space to build a pool? Once you know what they desire most, tell them about the positive aspects of your house. Connect your home to as many must-haves as possible so they will fall in love with it. Don’t let the house do the talking for itself; show them why it’s the perfect space for them.
Ask About Their Financing
You may worry about asking your potential house buyers about their finances, but you need to cover yourself. Don’t waste your time showing off your house if they can’t afford what you’re asking or if they’ll put in an offer that’s too low.
Also, think about asking them if they plan to get a loan. Understanding their financial standing and ability to get a loan will let you know that they are serious about wanting to buy your house. You don’t have to discuss this with them at your first open house, and you shouldn’t assume interest right away. However, if you continue to talk to them and they seem like they will put in an offer, it’s time to open the conversation about finances.
Ask if They’re Pre-Approved
You should ask if they’re pre-approved for a mortgage when you bring up the topic of finances. If you ask how they will pay for your house and they say through a loan, you need to ask if they have already had their loan pre-approved. It’s not the end of the world if they say they are in the middle of the process, but you should consider stepping back if they have not even thought of it yet. Getting pre-approved for a loan takes some time, so you may find yourself waiting for them to make the next move after they promise an offer.
As well, them having their loan already pre-approved shows that they are serious about looking for a home. If you have other offers that have pre-approved loans already, consider choosing those over the couple who are waiting until they find the right house to get pre-approved.
When Do They Want the House?
Hopefully, you already have a new house lined up if you have your current one up for sale, but that’s not always the case. Asking when they want to move in is most important in this case. If your potential house buyers are ready to put in an offer on your Suffolk County home, you need to ask when they want to move into the house. If they wish to move in immediately, but you don’t have a house for yourself yet, you may find yourself at a standstill. Before they place their offer, know that you’re both on the same page.
Even if you have a new residence lined up, you still need to know when they plan on taking over your old one. If you want to get rid of your home and move away as soon as possible, it won’t work if your buyers won’t move in for another six months. No matter your plans, you need to know theirs.
Are They Selling a House?
Since you are going through it, you already know that it can take a long time to sell a house. Plenty of house buyers in East Hampton, NY will start looking for and putting offers on a house before they sell theirs. When they begin to show interest, ask if they have a house they’re selling. If you’re working with a We Buy Houses company, you may not have to worry about this. However, if you work with people who want to grow their family, they may have a house they’re trying to sell, tying them down. You should ask them if they have a house on the market. If they don’t, that’s great. However, ask if there are any offers or if they have sold it already if they are selling their home. You need to know this information to create a plan on when they will move in and you will leave.
What They Do and Don’t Like About Your House
Not every potential home buyer will put in an offer, and that is nothing against you or your home. It’s professional, not personal. But before you lose contact with them, ask some follow-up questions. What parts of your house did they like and which weren’t their cup of tea? Maybe it wasn’t big enough for their family, for example.
However, their answer may help you find a buyer. Maybe they didn’t like that your appliances were old or the closet on the second floor was too small. If you have extra money, put it into your house. You can fix major issues, so other families can find your house and think it’s perfect.
Whether you’re selling to individuals or a We Buy Houses company in Suffolk County, there are questions you need to ask your potential buyer so that you can stay on the same page. You need to know their interests, financial standing, loan pre-approval, whether they’re selling their house, and what they did or didn’t love about yours.
If you’re ready to sell your house and make money quickly, call V Buys Houses at 631-294-7698 today. We will ensure that you move out and into your new life before you know it.