| SELLERS |
STAGE |
BUYERS |
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1. ASSESSMENT |
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Determine the realistic valuation of your house
Use one of our professionals to give you an accurate value for your
house. This will aid you in working out the advertised price of your
house.
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How much can you
afford
Discuss with your mortgage adviser the house price
range you can afford. If you do not have a mortgage adviser, we our
partners can help. See the services section. |
| Remember that a house with an
inflated sale price may take longer to sell. |
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Estimate the cost of moving
The cost of moving can involve a number of costs,
including arranging a new mortgage, removal costs, new insurance policies,
decorating the new house, stamp duty.
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2. SEARCH & ADVERTISE |
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Advertise your house cost
effectively
Register and add you property details on to the Redstaircase web site.
You can add unlimited photos and floor plans. Remember that your details
have to be an accurate representation of your house.
You can also receive a For Sale board, advertising the unique Text Red
service, where potential buyers can instantly receive a text message describing
your house.
Whilst waiting for a viewing make sure you maximise your house potential.
Keep it clean & tidy; if possible let the sunlight in as well as the fresh
air. |
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Search for your ideal property
Register for free on the Redstaircase web site, recording the details of the
house you are looking for. You will be contacted the instant any new
instructions we receive that meet your criteria.
Search the internet house search engines such as www.fish4.com
and www.propertyfinder.co.uk
Keep an eye out for the Redstaircase For Sales boards. If you see a Red
Staircase property that you like, use the Text Red service to get an
instant description.
If you see a property on Redstaircase you like, add it to your portfolio.
This will make it easier when you what to see just a list of properties that
interest you.
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3. VIEWINGS |
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Conduct a safe enticing
viewing
Arrange a viewing, ensuring that you take all the appropriate security measures
Make sure you are knowledgeable about your house, including rent, rates,
council tax and what the price includes. (carpets, curtains, fixtures, fittings
etc)
Read our tips on how to prepare your house and how to conduct a
successful viewing
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View the properties
Contact the seller via the web site and arrange a viewing.
If you do not know the area, take your time to get to know the area. Do
not take the sellers word for it. Go for a walk/dinner locally.
Chat to the locals.
Read the tips on how to view a property |
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4. OFFER |
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Accept the offer
Before accepting an offer, consider your circumstances as well as the
finances.... have you a house to move to, have you arranged a new
mortgage, are they any "chain" implications.
Once you have an acceptable offer it is time to get the Solicitors (often know
as Conveyancers) involved.
It is worth noting that between an offer being accepted and the exchange
of contracts, you are be able to re-negotiate the price and conditions.
However re-negotiations at a late stage will put the buyer off.
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Make an offer
Once you are sure you know exactly what the price includes, then make an offer
directly to the buyer.
Remember your budget made in the first stage of the process ! |
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5. INITIAL LEGAL PROCESS |
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Instruct a Solicitor
If you do not have a solicitor we can introduce you
to our recommend professional partners who are experts in this process.
Do not use the same Solicitor as the Buyer
They will start the legal process including confirming in a formal document
what is actually being sold. (EG Carpets, washing machines, fences)
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Instruct a Solicitor
Do not use the same Solicitor as the Seller.
Your solicitor will investigate the legal side of the
property you wish to purchase. This will include confirming the
boundaries of the property, any previous disputes and any alterations.
They will also conduct the Land registry searches which help check details such
as planning permission, future developments in the immediate vicinity, drainage
and river frontage ownership.
They can also help you arrange the mortgage required for the purchase. Most
Mortgage Lenders also insist on having the property and its contents
insured. If you need advise on the mortgage to choose and the insurance,
then one of Redstaircases professional partners will be able to assist.
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6. SIGNING & EXCHANGE |
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Once the both parties are happy with the contract, it
needs to be signed and witnessed. This usually take place at your
individual Solicitors offices or via post.
A date is then agreed for exchanging the contracts and dates when the buyers
will be able to move in.
At exchange, often the purchase puts down a deposit of 5%-10% of the
agreed purchase . This is sent to the sellers solicitors, together with
the signed contract.
Once exchanged, you are legally bound and if you have
to back out at this stage, it will usually result in a financial loss.
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7. COMPLETION |
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| Once you have confirmation
from your solicitor that you have received the remaining balance of the
purchase price price, you can make arrangements to release the keys to the new
owners. |
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You pay, via your solicitor,
the remaining balance of the purchase price to the sellers solicitor. |
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8. CELEBRATE |
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Rejoice. You have
saved thousands of pounds by selling via Redstaircase.
Go tell everyone. |
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Congratulations on your new
home, now you have a days of hard graft moving ! |