April 2, 2025 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Selling Your Home?

Often people are not aware of what to expect in the process of selling their home. They may not know about preparations that could be made before marketing begins that will enhance the value of their home and the timing of the sale. How well the home is prepared before professional photography is done can impact the length of time it might take to get the home into escrow. It would be helpful for sellers to know about the various timing aspects of the process so plans can be worked out ahead of time and accommodate several scenarios in their plans.

For example, there are typically times during the year that are often not in the best interest of sellers to put their home on the market for sale. Listing the home during the winter holiday period and during the summer season might result in a longer sale process and possibly a lower sale price.

Sold Home For Sale Sign and House
Sold Home For Sale Sign and House

If a home is properly prepared and marketed effectively both online and in print publications, a typical listing may take 20-45 days to open escrow. However, depending on circumstances and the market climate, it can take 60-90 days or longer to open escrows, and then 45-90 days to close. Obviously, it can be challenging to make plans without taking into account the alternatives and various solutions.

Once an offer is received, buyers usually expect a response within 1-3 days. Contracts typically include a period of 10-17 days for the buyer to perform any property investigations, and most contracts include 17-30 days contingencies for the buyer to obtain an appraisal and loan approval. A seller is well-advised to carefully consider the quality of the pre-approval loan information and time requested for removal of such contingencies. The uncertainty of this period can result in delays that will impact the seller’s plans to pack, move and even to make commitments for where they will be moving.

There are some ways to pre-negotiate flexibility of timing in the sale contract that can affect the seller’s plans for moving. This can enable the seller to wait until all contingencies are removed before committing to moving plans that are not reversible. One possibility is to include that the seller can lease the home back for a few weeks to accommodate their moving out. If the buyer would like more time to remove loan contingencies, and the seller would like more time to move, an escrow modification could be agreed upon that would accommodate this. There may be other creative solutions that affect the timing of the sale process that help both seller and buyer.

Related Posts

Actress Kim Delaney Arrested After Domestic Dispute; Partner Also Charged

March 31, 2025

March 31, 2025

Marina del Rey Police Arrest “NYPD Blue” Actress After Alleged Altercation Actress Kim Delaney, known for her Emmy-winning role on...

Model Ex-Girlfriend Files Lawsuit, Police Report Against Self-Proclaimed Misogynist Andrew Tate

March 28, 2025

March 28, 2025

Woman Alleges the Social Media Influencer Attacked Her at the Beverly Hills Hotel After controversial influencer brothers Andrew and Tristan...

Unveiling Westside Los Angeles’ Hidden Art Gems

February 25, 2025

February 25, 2025

Tucked between traffic-heavy boulevards and breezy palm-lined streets, Westside Los Angeles hides a different kind of gallery experience—quieter, more intimate,...

What are Stock Photos of People and Why are They Useful in 2025?

February 16, 2025

February 16, 2025

Visuals are an important tool for effective business communication these days. What’s more, people stock photos can be a useful...

California Tribes Sue to Block Card Rooms from Offering Banked Games

January 27, 2025

January 27, 2025

In January 2025, seven Native American tribes in California filed a lawsuit against numerous card rooms, arguing that these establishments...

How Fast Crypto Payments Are Changing Gamers’ Habits

January 20, 2025

January 20, 2025

Whether it’s fast reflexes in an FPS match or the split-second decision-making needed in strategy games, gamers are all about...

PayIDGambler Team Works on Providing Aussie Players with Top-Notch PayID Casinos Guide

January 14, 2025

January 14, 2025

PayIDGambler is an Australian gambling review website that offers high-quality content to ensure a safe and exciting gaming experience for...

BetPokies — The Best Platform in Australia for Average Time on Site According to Similarweb

December 19, 2024

December 19, 2024

Founded in 2020 by an experienced gambler, John Gold, BetPokies became one of the most visited and trusted gambling review...

How Streaming Influencers Are Shaping the Online Gambling World

November 3, 2024

November 3, 2024

Anyone familiar with the online world can attest that online gambling has become a global phenomenon. Merely looking around, you...

What Are The Benefits of Joining a Prop Trading Firm?

November 1, 2024

November 1, 2024

Proprietary trading, also known as prop trading, involves a financial institution using its own money to buy and sell financial...

5 Strategies for Entrepreneurs to Succeed in the Gaming Industry

October 15, 2024

October 15, 2024

Gaming is one of the most competitive industries in the world. For entrepreneurs, this industry offers many opportunities but also...

Family-Friendly Living in the UAE: Best Cities and Neighborhoods for US Expats

October 2, 2024

October 2, 2024

The United Arab Emirates (UAE) has become a popular destination for expats looking for a family-friendly setting, especially those from...

8 Places to Spend Crypto in LA

September 2, 2024

September 2, 2024

Los Angeles is a vibrant city known for its innovative spirit, and as cryptocurrencies gain traction, many local businesses are...

The Best Sites Where You Can Buy TikTok Followers

September 2, 2024

September 2, 2024

TikTok has been popular as a social media platform with its creativity and popularity. Since it’s the case, many of...

Bitcoin Mining in Los Angeles and Its Economic Impact

August 12, 2024

August 12, 2024

Once a quirky computer pastime for the geek squad, bitcoin mining has become a significant economic force in places like...