The Most Common Delays of Selling Your Home in Bluffton

The Most Common Delays of Selling Your Home in Bluffton

If you are ready to finally sell your home, there can be a number of ways which can speed that process up. Even if your home has not done as well as expected since being on the market, a few minor adjustments may see you find more success.

With the economic outlook certainly appearing healthier than it has been in some time, more and more people in South Carolina are considering a move. However, even with a sale there comes a number of factors which can slow things down significantly. This is not a problem isolated to your property in Bluffington, as affects Toronto Real Estate, homes in New Jersey, Europe – pretty much everywhere.

When buying a home for the first time, we learn that not everything tends to go smoothly. The time between an agreed sale and the actual completion date seems to drag. In 2018, this period seems to be greatly protracted. Given the median price for a home in Bluffton currently stands at $249,800, the reasons for the most common delays are found in the most notable problems associated with purchasing a new house. What if there were ways to speed this process up though?

Well, there are. When selling or buying a house, there are a number of factors which must be satisfied before the process has been completed. As such, the delays tend to be attributed to:

• The Conveyancing process
• Chain
• Mortgage finalization
• Problems with cash buys
• A number of surveys
• Leasehold
• Freehold

So how can we avoid the process of long delays and factors which contribute to them? Getting the most out of your house sale or purchase is easier once you are aware what tends to hold things up. Purchasing or selling a house comes with no universal time bracket, so it will certainly depend on your own personal circumstances, and the other party’s.

This is where the chain comes in. As a chain is linked to the other purchases and sales pertaining to the other party, a delay in their circumstances can affect you. For example:

You are selling your home to a buyer who is, in turn, selling their home to another buyer. Somewhere along the line, delays will happen. This is, for the most part, unavoidable – unless you are purchasing a property with no chain.

Mortgage lenders are also another prime reason for delays to property purchases and sales. If, for example, the company which is lending you the funds to purchase the house is pretty popular, they may have a long line of customers waiting for clearance. Add this to the fact that mortgage applications are far from lightning fast in any sense, and you can understand why you may have some pretty frustrating delays.

Aside from the hiccups and frustration, one can definitely look at ways which can speed this process up. It takes patience to buy a home, and even more to sell one, so getting the most professional advice you can afford is always the best place to start.