Selling an older home can be a challenge. These properties often have unique features and special requirements not found in modern homes. At Oasis Home Buyers we bought your old house. So you don’t have to deal with all the problems associated with selling an older house.
If the house cannot be renovated, a good option is to build houses on inherited land. That is, using the inherited land or that is going to be inherited, to build a modern house.
We must establish that the plot and construction meters correspond to reality. It is important information to be prepared if a buyer appears for the property, the most normal thing is that they will need to opt for financing. To obtain this financing, there is the figure of the appraiser who verifies that the papers and reality coincide. Giving to conclude a value to the property.
If everything matches, you can continue with the sale. If it does not match, it may have arisen for two reasons:
- The square meters of said construction do not match; in this case, a declaration of new construction will have to be made.
- Or, the land may not match, so a process for excess space will have to be carried out.
What Can We Do Before Starting A Process For Excess Capacity?
The first thing is to discuss the matter with a real estate professional to see what process to follow to fix the paperwork.
It can happen due to two things:
That the cadastre is correct and only one instance has to be made in the registry of this property and thus request rectification.
That a topographic study must be carried out to modify the surface of land and ensure that it is accurately reflected in the cadastre. Technicians specialized in cadastre and property will work together with legal professionals, combining technical and legal knowledge, to finally register the modified surface in the cadastral registry and deed it.
Some Tips For Selling Your Old House
- Do thorough market research: It is important to research the market to determine the right price for your older property. This includes researching the sales prices of similar homes in the area, as well as the purchase prices of older properties in the same area.
- Make repairs and improvements: Although an older home has its charm, it is important to make repairs and improvements to attract potential buyers. This may include structural repairs, electrical and plumbing system upgrades, and finish updates.
- Highlight unique features: One of the main advantages of selling an older home is that it has unique features not found in modern homes. These features include architectural details, moldings, and fireplaces. It is important to highlight these features in the photos and descriptions of the property.
- Use social media and online marketing: With most buyers searching for properties online, it is important to use social media and other online marketing mediums to promote your vintage property. This includes creating ads on Facebook, Instagram, and other platforms, as well as posting ads on online real estate portals.
- Hire a specialized real estate agent: A real estate agent such as Oasis Home Buyers specializing in older properties has experience selling these types of properties and can help you navigate the sales process. In addition, a specialized real estate agent has access to a network of potential buyers interested in older properties.
Conclusion
In short, selling an older house can be challenging, but with the right research, the necessary paperwork, the necessary repairs and upgrades, and the right promotion, your rare sale is ready to go. There is an option to sell your house without losing the right to live in it. Visit Here: gba333.com
