Do’s and Don’ts of Presale Home Repairs

You’ve decided it’s time to sell your home. Your neighbor just sold for a pretty penny, but they also spent a lot on remodeling and renovations. Does that mean you need to upgrade your home to sell?

Is it worth trying to sell as is? Or will your home be passed up and stuck on the market?

Fortunately, full-scale remodels aren’t required to sell your home. Sure, a home reno might fetch more money, but it’s not always worth the time and effort.

So how do you know what’s worth fixing up? Here are the do’s and don’ts of pre-listing home renovations:

Do:

Fix trip hazards throughout (and around) the home. Uneven flooring and sidewalks, broken stairs and off-kilter ramps aren’t just noticeable to touring buyers; they’re a downright danger.

Fix pet damage and lingering odors. Scratches on doors, torn window screens and holes in the yard will only make buyers wary of further pet damage on the property.

Fix water stains. Even if you’ve fixed the pipes or plumbing issues, buyers may still worry about mildew or mold problems.

Don’t:

Make partial updates to older kitchens and baths. Mixing old and new elements only highlights the age of the space. You need to commit to a full upgrade or let the buyer do a comprehensive remodel on their own.

Decorate the home with trendy or bold colors. Neutral colors photograph better, make the space look larger and help buyers reimagine the house with their belongings. Bold and bright colors do the opposite.

Renovate beyond what your neighbors have done. Buyers are going to offer what comparable sales suggest, no matter how much money you’ve poured into remodeling.

A few repairs and upgrades can certainly make your home more marketable. But a full-scale remodel? That’s not necessary in most cases.

Are you ready to sell? Get in touch today for a comprehensive review and marketing plan for selling your home.

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Make Buyers Feel at Home and Sell Faster

There’s never been a better time to sell a home.

Millennials are ready for homeownership and renters are seeing consistent rent increases. This means more buyers than ever are on the market for a home like yours.

Home equity is also at all-time highs, which makes now the perfect time to sell and get more cash to put toward your next home.

Considering listing your home? Let’s start with the proven ways to maximize your returns:

1. Clear the clutter. Crammed closets and overfilled garages can give buyers the impression your property is short on space. Declutter aggressively to accentuate the storage possibilities buyers get excited about.

Pro Tip: Buyers love to open cabinets and drawers. Clear those spaces, too.

2. Maximize the possibilities. A potential home should be a blank slate — a space buyers can imagine making their own. Keep personal items to a minimum and aim for a neutral look.

Pro Tip: Set the dinner table so buyers can visualize coming home after a long day.

3. Brighten it up. Expose as much natural light as possible. For darker or interior rooms, use high-wattage bulbs in light fixtures.

Pro Tip: A fresh coat of light paint makes a home feel cheerful and shows pride of ownership.

4. Rearrange the furniture. Can people move around without bumping into furniture? Does the layout invite guests to sit down and relax?

Pro Tip: To invite conversation, don’t make a TV the focal point of any room.

5. Outside views matter. Exteriors make a critical first impression. Ace yours by repainting your entry door and polishing the door handle. Potted plants on patios or balconies also make the outside of your home feel welcoming.

Pro Tip: Colorful flowers on window sills look great indoors and add to the outside appeal.

Do you need help staging your home? Or maybe you have budget concerns about upgrades needed before you list. Reach out today. Let’s make sure we maximize the appeal of your home, simply and cost-effectively.

The MINSTS of Deciding to Buy a Home

We often refer to owning a home of our own as the American Dream. Since for most people, their house represents their single biggest financial asset, doesn’t it make sense to proceed in a well – considered manner, and considering as many of the necessities, positives, negatives, and potential ramifications and responsibilities as possible so as to be as prepared as possible? After over a decade, as a Real Estate Licensed Salesperson, I have created a simple set of priorities to focus on and emphasize, which I refer to, as the MINSTS of deciding to buy a home. With that in mind, this article will attempt to briefly examine, consider and review using the mnemonic approach, some of the central components, and considerations.

1. Meets your present needs: What are your present needs and priorities? Are you considering these, rather than pursuing some emotional attachments, etc, and becoming your own worst enemy? Unless/ until someone considers,in advance what he needs, how is it possible to know what to look at and pursue and make the wisest decision for his personal situation?

2. Imagine future necessities: What is the focus of purchasing a particular home? Do you hope to merely purchase a starter – home, or to buy something which meets both your present needs, while considering your future necessities?

3. Neighborhood: What do you like about the particular neighborhood? Why and how does it address your needs and priorities/ purposes? Will you consider issues such as schools, safety, conveniences, etc, in a focused manner? Will you be happy there?

4. Schools: Whether you presently have school – aged children or not, the quality of local schools and the school – system are significant in terms of real estate values, etc. However, you must also carefully consider and examine the balance between the quality of the schools and the impact on your real estate taxes!

5. Transportation: Is the house conveniently located to a variety of forms of transportation? Are there quality, public transportation facilities nearby this property? Are you close, but not too close, so as to enjoy quiet enjoyment of your home?

6. Safety: Before purchasing any house, closely examine the public safety and crime rates in the specific area. Will you be able to live in relative peace – of – mind, because the area is a safe one?

Article Source: http://EzineArticles.com/9991393

5 First Steps in Preparing Your Home for Sale

First impressions have a major impact on potential buyers. It’s for this reason that a good realtor will walk through your home to suggest the proper repairs and upgrades to best compliment your home and sell it fast. With your realtor, you will imagine what a potential buyer will see when they approach your house and walk through each room. Your realtor will know what potential buyers in your neighborhood and price range are looking at and what will help you sell your unique home and play up its features. Here is a generic list that will help you get started.

1.) Night Lights

A lot of people aren’t aware that potential home buyers often drive by your house at night. If you don’t have adequate lighting to highlight your home’s features, invest in a new porch light and some ground lighting to highlight your walkway or features in your landscaping.

2.) Curb Appeal

Elevate your curb appeal by cleaning your yard, mowing and edging your lawn, and trimming any shrubs you have. Fix any first impressions that may catch buyer’s eyes such as cracks in concrete, weeds, broken porch posts, ugly doors, and any clutter that may be stored in front of your home. Also, if you have a mailbox, be sure it’s charming and that your doorbell works well and makes a pleasant, audible from the outside sound.

3.) Prep Inside

The first step to preparing your home for sale is to remove any unnecessary items from the home so they can imagine their own things in it. Less is more when it comes to furniture and decor. Leave the bare minimum for furniture to depict how large the space is, and then include decor only where you want features highlighted or the eye drawn. An expert tip is to remove all but 1/3 of your closet contents and get matching hangers. Be sure to replace or shampoo all carpets in the home. Apply special attention to staging the bathrooms with a fresh roll of toilet paper (V.I.P folded, over not under, and pointed down in the shape of a triangle), brand new hand soap, new guest towels, and a clean looking shower curtain. Dress beds with attractive, cohesive bed sets.

4.) Make All Small and Inexpensive Repairs

Buyers will look at all functioning items of the home and tally even the smallest repairs. Be sure to repair all leaking faucets, defective or squeaky doors, light bulbs and fans, freshly caulk bathtubs and showers if necessary, replace filters, inspect and clean the hot water heater, and make appliances as presentable as possible. You can even include a sheet of paper attached to appliances explaining their desirable features or share with potential buyers your average electric bills and other home expenses specific to your property.

5.) Appeal To Their Senses During Open Houses

Having all the lights on, blinds open, a candle lit and fresh cookies (preferably freshly baked for the scent) will appeal to buyer’s senses and make them feel at home already. Remove all pet belongings, including bowls and food. Empty trash cans & close toilet lids.

Article Source: http://EzineArticles.com/9781791

Ten Dos and Don’ts to Help Sell Your Home for Top Dollar

A lot of sellers don’t put enough emphasis on fixing up their homes when they put them on the market. Even sellers with recently renovated homes need to do this work. There is stiff competition and every detail is important to help you sell fast and for top dollar.
So if you want to sell your house, take ten minutes to read this list. Then start packing!
1 DO de-clutter and de-personalize the space! It’s simple advice but this is the most difficult step for sellers. Say good-bye to the home and then erase the memories from the space by putting away personal items. The more prospective buyers can visualize their own belongings in the space, the better.
2 DO create a welcoming entrance that feels great to walk into. Make this space clean, well lit, and up-to-date. First impressions are critical.
3 DO invest in low cost, sweat equity. Repaint the walls a neutral light color, update light fixtures, faucets, doorknobs, and backsplashes. If you don’t have time, hiring someone to get these things completed is money well spent. If you don’t have the talent, hire an interior designer or home stager to consult for a couple of hours. Small cosmetic improvements add up.
4 DON’T do any major renovations on your home if you don’t have the time, money, or energy. Jobs like re-doing the flooring, kitchen, or bathrooms are large and stressful, particularly if you are living in your house during the work. Think rejuvenation not renovation.
5 DO invest in fixing up your outdoor patio or sitting area if you are selling during the warm months. Potential buyers love the added value of an outdoor eating or sitting space. Repaint the deck and create a comfortable space with outdoor furniture. An umbrella and barbecue will be great selling points.
6 DON’T invest in a swimming pool, hot tub, or fishpond. You won’t make your money back. You may even alienate many prospects who are put off by the maintenance involved and the potential hazard for small kids.
7 DO give your kitchen or bathroom a surface makeover. These two rooms are the most important in any home. There is no need to change your entire set up. New faucets, knobs, backsplash, moulding, sink, and paint are all easy and inexpensive updates. Remember to keep it neutral.
8 DON’T forget about the landscaping and outdoor appeal. This is the very first thing buyers will see. If they are turned off, you’ll have to work even harder on the inside. So why not give it some care? Paint your front door, give it a new handle, fix cracks in the walkway, paint the mailbox or get a new one. Fix or get new house numbers. Make it charming by trimming all your trees, bushes, grass, and by adding flowers.
9 DO Be eco-conscious when moving. Donate home fixtures that are in working order to Habitat for Humanity’s ReStore and bring your debris to the eco-center. Consider re-facing or repainting kitchen and bath cabinetry rather than replacing them. The more you can reuse and repurpose, the better. The goal here is to spend as little as possible for the biggest impact.
10 DON’T leave any animal marks around the house. Scratched doors, a kitty litter box, messy eating bowls, hairy blankets, and chewed up toys need to go. Not everyone is an animal lover and they might dismiss the home altogether if they are allergic.

~Jennifer Lynn Walker

Article Source: http://EzineArticles.com/9978097

4 Factors Which Impact Home Buying

Most people consider, owning a home, of their own, to be a meaningful component, of the so – called, American Dream, but, in order to ensure, dreams do not become nightmares, it’s important to proceed, with insight, well – prepared, and doing all they can, to make the best decision, for their needs and requirements. Since, for most of us, our house’s value, represents our single – biggest, financial asset, doesn’t it make sense, to prepare properly, and proceed, in the best possible manner. This article will, therefore, attempt to briefly consider, review, examine, and discuss, 4 factors, which might, often, impact home buying.

1. Supply: When the supply, of house’s available, on the real estate market, exceeds the demand, we have a Buyers Market, which generally, lowers selling prices, and helps buyers, purchase more house, for less money! The economic theory of Supply and Demand, is extraordinarily, relevant, when it comes to real estate, and often, fluctuates, considerably, from time – to – time. Sometimes, this occurs, gradually, over a period of time, while at other times, it changes, dramatically, rather quickly. This is why, one must carefully evaluate and consider, pricing, not, merely, in terms of what has been, or what is, but also, what might be!

2. Demand: When the demand for houses, exceeds the supply, it creates a Sellers Market, For the past couple of years, we have been experiencing that type of market. Many factors effect this, including competition, job market, overall economy, public perceptions and comfort zone, and the specific, local market. We must all beware, and prepare, for factors which might impact real estate and the housing market, including the capping of so – called, SALT deductions, as well as rising mortgage interest rates.

3. Perceptions: Buyer and seller perceptions, are, often, quite different, The best thing for a homeowner, to do, is, go, to, some Open Houses, in the neighborhood, in order to get a better idea of the competition. Many owners over- value their house, while most buyers, seek the best possible price. In addition, perceptions of the overall economy, trends, etc, have a significant influence!

4. Financial considerations: Many financial considerations, are relevant to this discussion. This may include: the overall economy; the specific, local, one; mortgage rates and trends; real estate taxes; the employment/ job markets, etc.

Pay attention to these 4 factors, which impact the home buying, process. The more prepared, the better, for the home buyer!