5 Important Tips For Selling A Multi-Family Home
How to sell house in Houston
1. Review Leases, Occupancy, & Tenant Rights
Before listing a multi-family home for sale, it’s vital to review all leases and the occupancy for each unit. Multi-family property owners can get themselves in trouble if they’re not careful. It’s important to always keep in mind tenant rights when selling a multi-family home.
2. Preparation Is Key When Selling A Multi-Family Home
Preparing a home for sale is critical when selling any type of home, whether it’s single family or multi-family. Since many multi-family properties are purchased as investments, preparing for the sale becomes necessary.
One of the most important factors for investors who’re looking to buy multi-family homes is the amount of maintenance the home appears to have. A home that isn’t prepared for sale can appear to have more maintenance than it really does.
For multi-family property owners who’re attempting to prepare and sell a home on a budget, it can be done by tending to a few key areas of the property.
3. Hire An Agent
Hiring a top real estate agent, with experience, is extremely important when selling any type of property.
4. Have Important Documents Ready
There are certain things to know before selling a home, regardless if it’s a single family or multi family home. It’s helpful that before listing a home for sale that important documents are readily accessible for potential buyers.
Documents that should be readily accessible, whether selling a multi-family home or not, include documentation relating to roof age or warranties, the age of the homes HVAC systems, and any receipts of remodeling projects that have been completed.
One of the most important features that today’s home buyers are looking for in a home are updated and newer mechanics, such as roofs and HVAC systems. Home sellers who have records and receipts showing the ages of these components give themselves a huge advantage.
5. Complete Inspections Prior To Listing The Property
Many municipalities require that a certificate of occupancy, also known as a C of O, is renewed when a multi-family property is being sold to a new owner. It’s highly recommended that prior to listing a multi-family property that any inspections are completed beforehand.
Source: rochesterrealestateblog
About Ameri State Realty: Professional Realtors, Marisol Mendez and Esteban work together and represent early buyers for the purchase or sale of new or used homes in Houston, Cypress, Katy, Spring, Tomball, The Woodlands or any other community in the Houston area we can advise you. “I am a Real Estate Professional in the Greater Houston Metropolitan Area. It has been my greatest pleasure to have helped many families close on their properties in the Houston Area. I am committed to making sure that your buying/selling experience is an enjoyable one. I am passionate about what I do and always looking out for the best interest of my clients.”
How to sell house in Houston.
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