Selling a house requires an immense number of decisions to be made, masses of documentation to be sourced, and legal procedures to be followed, so having a better understanding of the sale process is advisable. Once you have sold your house or sold your property, you can get a property bridging loan. Read on to find out how and why.

Getting the House Sale-Ready
There is no doubt that the better your house looks the more likely you are to gain the interest of prospective buyers. Before marketing, spend time on getting it looking as good as possible. Repair broken or damaged roofing, fittings, and windows, and consider replacing worn or dated carpets, light fittings, and door handles. A fresh lick of paint would not go amiss and try to keep the colour neutral for universal appeal.

Before showing the house, pack away clutter, personal items or things which may have seen better days. The same applies to the exterior, clean up the garden and entertainment areas removing any unnecessary items which may appear as clutter or junk.

Private vs Agency Sale
Who is going to sell the house? Will you do it privately or use the services of an agent? Selling a home privately can save you commission and afford you the opportunity to personally market it, giving you complete control of the process. However, it can be time consuming sourcing prospective buyers, arranging viewings, and negotiating
with interested parties.

By using an agent, you engage someone with an existing client base and marketing resources, a negotiator between you and the buyer, and have the advantage of their experience within the industry together with their network of specialists needed to conclude the sale process.

Setting the Right Price
Marketing your house at the right price is vital to ensure a quick sale. While getting the highest price is the goal, you stand the risk of it being on the market for a long time if you set the price too high. Bringing in more than one agent to evaluate the property and to give you an idea of sale prices for similar properties in your area will give you a better idea of what price to list yours at.

Your Money Takes Time to Arrive
Selling a house will take approximately 3 months to conclude. Only once the property has been registered in the new owner’s name will banks release money to the seller. Property bridging loans and estate agent commission advances are easily available from companies like Property Bridging who offer sellers a short-term cash loan/advance, while awaiting registration of their property. Getting a sold property loan can make managing cash flow much easier.

What this means is that if there is a profit in the sale of a property, the seller can borrow against the sold house to a maximum of 80% of sale proceeds. This loan amount can be available within 24hrs of the transferring attorney giving and undertaking that the property sale can proceed. Selling a house is one of the biggest decisions any person can make, and with good planning and by using efficient, reliable partners, the process can be a smooth and swift one.