Carmel-by-the-Sea, California, commonly known as Carmel, is located on the beautiful Monterey Peninsula about 120 miles south of San Francisco and has long been a home for artists of all kinds. There is no shortage of buyers for Carmel homes for sale, especially in the current seller’s market.
With its plethora of theaters and music venues, including proximity to the prestigious Monterey Jazz Festival, the Carmel real estate market is booming. This is a great time to have a house for sale in Carmel. There are, however, several things prospective sellers need to be aware of.
Get a pest report
Have your home inspected
If your house needs a lot of work or significant upgrades to compete in the Carmel real estate market, you should have it inspected by a home inspector with a solid reputation. The inspector’s report should be attached to the seller’s disclosure. You then have the option of taking care of the repairs and upgrades yourself or selling the house as-is. If you choose not to make the repairs, you will have to lower your asking price.
Making the inspection report available to potential buyers will help keep them from negotiating your price down even more. If your home has been recently updated, it’s still a good idea to have it inspected so you’ll be aware of any problems. Whether you choose to fix them yourself or pass them on, a potential buyer will be happy when their own inspection holds no surprises.
Check on construction permits
It’s important that any construction permits are still open. Your buyer may want to make changes and cannot do so without permits. You can stop by Carmel City or the Monterey County office to check on them. Even if you have never filed for a permit, the previous owner may have. Ensuring permits are still open is another service that will please potential buyers of Carmel homes for sale.
Check your toilets and faucets
Talk to an agent before making repairs
Check your mortgage balances
Before you list your house, it is extremely important to check on your current mortgage balances. This includes any home equity lines of credit. It’s possible that the current value of your home is less than the amount left on your mortgage. This would leave you in debt, and you would need resources to make up the difference. Being behind on your payments is also problematic. If you know up front that your balance is higher than what you will get in the sale of your home, you can work with your agent and mortgage broker to come up with a viable solution. You want to avoid foreclosure however you can.
Staging your home for online viewing
In today’s internet-driven market, the way you market Carmel homes for sale online is vital to a successful sale. When a potential buyer looks at your photos on an agent's website, it creates a first impression that will either get their attention and draw their interest or encourage them to move on in their search.
Most homes listed online that don’t sell are poorly staged. Take everything into consideration as you stage. Your paint colors, furniture, drapes, and lighting are all essential elements of staging. Keep every room neat and organized. Study photos of well-staged houses that appeal to you and see how they do it. Details matter. You can even hire a professional stager if you don’t feel confident in doing it yourself — your agent can recommend one.