Getting Ready to Sell? Boost your Property's
By: Mortgage Lenders Plus.com
Finished remodeling or renovating your investment house? Ready
to sell, or are you?
Whenever you plan to sell your property, and for whatever
reason, there are some simple things you can do to ensure you get
the best possible price.
These tips by the staff at Mortgage Lenders Plus help to give
you some ideas on what things have the most impact to potential
When company s coming over, out comes the vacuum, the window washing
gear and the mop.
When it s time to sell the house, here comes the realtor with
lots of helpful suggestions on how to get the most out of your home.
Be afraid. Be very afraid. How many neighbors have you seen move
substantial portions of the furniture out of their house so the
realtor could stage the home properly?
Decide What You re Willing to Spend
Let's discuss what really sells a home, once the staging is done
and sticker phobia overtakes the interested parties. Your first
decision is based on a solid, verifiable number: what is your house
Look at recent neighborhood sales for similar homes, analyze the
sale price fluctuation and match prices with home conditions. Your
realtor should have that information readily at hand.
At that point, you ll have an idea of the sales value of your
home in good condition, plus or minus perhaps five percent. Then,
it s up to you to decide how much you are willing to spend to prepare
your home for sale.
There s going to be a few judgment calls involved. Let s say your
roof is twenty years old. If the comparable home around the corner
had a new roof and went for ten thousand over what your realtor
says your home is worth, is it worth the money to put a new roof
on? Probably not.
Hopefully, scrubbing and a high powered hose will make your exterior
siding look decent. If not, you ll probably have to paint. Curb
appeal is the second most important real estate clich , following
only Location! Location! Location!
After that, focus on the other areas that you know will make a
difference, and look for the economical fix.
Start at the Center
Begin with the kitchen. Women make most of the big purchasing
decisions, and many of them consider the kitchen the center of the
home. For families with kids, it often is. So consider refacing
the cabinets (that s refacing, not replacing) and upgrading the
hardware for drawers and cabinetry.
Analyze the condition of your appliances. If you have an old refrigerator
and a recent stovetop and oven, consider matching the refrigerator
to the cooking equipment in brand and quality. Or vice-versa. If
all the appliances are recent, perhaps all you need to do is buy
face plates that match in color, so that they have appearance in
If you have hardwood floors, it s probably worth the money to
refinish them. It s not a budget buster and dazzling hardwood floors
offset by an area rug can really impress even if the area rug is
rented. It s also a reason to rip out the stained wall to wall carpet
that has to go anyway. Highly polished hardwood also suggests a
home that is well cared for.
Don't fix broken doorknobs replace them. And replace the other ones
that are supposed to match. Beat up bathroom cabinets, noisy fans
replace them. Hardware is cheap and new, working, matched hardware
is going to be noticed by the guy who will be fixing everything
that isn t working if he buys the home.
You don't have to paint every room. You have to paint every room
with crayon drawings and patched holes. Dress up the things that
would matter the most to you, if you were walking through an empty
home testing switches, knobs and windows.
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