Title Insurance Tips to Help You Sell Your Home More Efficiently
Buying and selling a home is usually a standard process that takes time but there are some things you can do to sell your home faster and make the process more efficient. Today, at
Advanced Title Company, we want to share some simple tips that can help you speed up the sale of your home and make the process more secure.
Offer to Purchase Title Insurance for the Buyer
Many believe that owner´s insurance should only be purchased by the seller if he/she decides to do so. However, this is not necessarily true there are many benefits in offering to purchase title insurance for the buyer. First, it shows the buyer that you are offering a safe transaction that has a good standing. It also lets the buyer feel more confident with the purchase. Secondly, it will benefit both you and the buyer because it can prevent any possible problems that may affect your interests and the buyer´s investment.
It Is Also in Your Best Interest as the Seller to Have the Buyer Obtain Title Insurance
If for any reason there is a title problem that appears after the sale and the buyer failed to buy owner´s title insurance he/she is much more likely to sue the previous owner for the loss. On the other hand, if the buyer has owner´s title insurance the insurance company would most likely take care of the problem or cover the sum of his/her investment and the problem would rarely escalate to affect the previous owner. Overall, obtaining owner´s title insurance is in the best interest of both parties.
What You Can Do to Encourage the Buyer to Purchase the Home and Get Title Insurance
Another alternative is to offer to pay half of the owner´s title insurance for the buyer. This will make your property appear as a stronger asset and is a good incentive without forcing you to put down the entire amount for the title insurance for the new owner. There are several ways that you can go about using this as a strategic way of offering a plus that makes your property more appealing to a buyer. To better understand the importance of title insurance read our
previous post here, where we answer a few of the most frequently asked questions. You can also Contact us now so we can assess you in the title insurance process and help you complete the sale of your property in a more secure manner.
Tips to Safely Invest in Your Home So That It Sells Faster
- Make the exterior appealing. The most important thing you can do to sell your home fast is to improve the curb appeal of your property. This will immediately attract buyers and it is usually a very profitable investment. Start by taking care of the lawn, and any plants or trees that may be covering the view of your home. Make it look tidy on the outside and people will immediately start to take an interest in it.
- Make minor upgrades. This is important, and it is even more important that you emphasize on the minor part. Buyers will tend to avoid homes that require a lot of repairs unless you are willing to lower the price by a lot. The best thing you can do to sell your home fast and at a reasonable price is to make sure you repair all the basics and if possible make a few upgrades. Putting in a new bathroom faucet, or replacing the old water heater are good examples of small things you can take care of without overdoing your budget. Large replacements or remodeling are not good investments and are rarely worth the time and cost. If the area really needs a total renovation you might just be better off discounting that from the price than actually doing it yourself. It will allow you to put your house on the market faster and you will avoid the hassle of having the workers, costs and time invested pile up. Not to mention it also allows buyers to save that money and use it to renovate the home to their personal liking.
The Best Title Insurance Agency in Fruita
Get your home ready to sell and learn about the process and safety measures you can take to make sure there are no problems in the selling process. Call
(970) 255-7677 and we´ll be glad to take care of any of your title needs and doubts.