When you've accepted an offer to buy your home, the next step is to set a closing date. The closing officially transfers the deed and settles all legal and financial issues. You receive your money, pay your fees, and you're ready to move on. You should try to close on your home as quickly as you can to avoid problems.

Move Past the Stress of Selling

The process of selling a home is stressful. You've had weeks of keeping your home picture-perfect. You've had to be ready at any moment to allow an agent to bring strangers through your home for showings. After finally getting an offer, there's more stress in the form of appraisals and inspections, not to mention piles of paperwork.

You don't want to add to the stress by waiting nervously for a closing date that's scheduled weeks away. It's better to get everything done and over with. Once the papers are signed, you'll feel a burden lifted, and you'll be able to relax.

Avoid Issues With a Vacant Property

You must have everything moved out of your home at the time of closing because the buyers will take possession of the house as soon as the papers are signed. But many people move to a new home before selling their old one. That can be a problem. A vacant home on the market can be at risk of vandalism and theft.

You may think you can check on the home periodically, or have a neighbor check on it, but nobody can watch the house 24/7. By selling the home quickly, you can avoid the risks. A damaged home may have problems finding a buyer.

Save Money

Closing quickly can also save you money on upkeep. While you're waiting for an offer and the final closing date, you still have to keep paying for utilities, mortgage payments, taxes, insurance, and maintenance such as lawn care.

Paying bills is necessary whether you are living in the house or not. The faster you close, the sooner these expenses will stop. Your net proceeds on the sale could be more.

When you decide to sell your home, the last thing you want is for the process to drag out for months. You'll benefit in several ways from a quick sale and a timely closing. Avoid delays by being informed and prepared.

Check out this article on how to make sure you get more money for your home!