Eleanor Osborn's Blog
46 NOON HILL AVENUE, Norfolk, MA 02056
The media, especially TV shows, have made renovating a home seem simple. A quick cleaning, splash some paint around and put a flatpack kitchen and you are done. However there is much more to renovating than you can learn by watching an hour-long show in your living room.So, how do you renovate to successfully sell your home for some cold hard cash? Here are some useful tips you can use to maximize your home sale price.
Do not spend more than the worth of the house.
The last thing you would do is to spend too much money on renovations only to find your home stays longer than necessary on the market because it is overpriced, or worse, the final sale value does not allow you recoup the cost of the repairs.
Your aim should be to look for improvements that add value. That means cosmetic improvements like re-polishing the floorboards and even a splash of fresh paint inside and out. You look for the opportunities to spruce up and replace old cabinetry handles, etc.
This cost-effective touch-up can make your home look polished and new without you having to spend too much on renovation.
Home buyers have their own preferences and personalities.
While taking your time and resources to improve on your property, you need to leave space for the buyers’ personal touches.
However, if your house is really rundown, it could be a smart decision to leave it as is and attract bargain hunters who would want to renovate to their tastes. Alternatively, if your home is almost there, concentrate on the areas that are most likely to catch the buyers’ attention. For instance, a skillfully designed bathroom is always a strong selling point, while incomplete landscaping may not contribute to your bottom line.
Do not compromise quality.
Buyers appreciate the quality and skill involved in building the original home. They are also better informed than even the seller and are likely to shell out for a pre-purchase building inspection. So, prepare to spend more and call in the professionals to give your home a special touch.
A color expert knows precisely what you want in paint shades. So, the best approach for quality upgrades is to invite a licensed professional and do away with those do-it-yourself ways that do not yield reliable positive results. Looking at fittings and fixtures, go for the best quality you can afford, even if it means centralizing replacements in one particular area.
Being choosy about how you renovate your property will give you the more significant sale price you are looking for. Just concentrate your mind on marketable and attractive details buyers can see. This will ensure you recoup more than what you have spent on your renovation efforts. Still have questions about the best renovations for your property? Talk to your real estate agent about what matters to buyers in your area.
Applying for a mortgage is one of the biggest decision that an individual can make in his or her lifetime. As such, it is important for a first-time homebuyer to dedicate the necessary time and resources to employ the best mortgage lender – without exception.
So what does it take to hire the ideal mortgage lender? Here are three tips to help a first-time homebuyer quickly and effortlessly choose the right mortgage lender.
1. Consider a Variety of Lenders
There is no shortage of top-notch lenders in cities and towns across the United States. Thus, a first-time homebuyer can meet with a variety of credit unions and banks to explore all of the mortgage options at his or her disposal.
Spend some time learning about lenders in your area. Look at each lender's experience and reputation, and you may be better equipped than other homebuyers to select the ideal lender based on your individual needs.
Furthermore, conduct face-to-face meetings with lenders. These meetings will allow you to learn about a wide range of mortgage options and will make it easy for you to make an informed decision.
2. Ask Plenty of Questions
When it comes to getting a mortgage for the first time, there is no need to leave anything to chance. Instead, ask plenty of questions as you consult with assorted lenders, and you can gain the insights you need to pick a lender that matches or exceeds your expectations.
Remember, there is no such thing as a "bad" question, particularly when it comes to mortgages. If you meet with various lenders, you can get all of your mortgage concerns and queries addressed without delay.
A first-time homebuyer who asks lots of questions may be able to avoid potential financial pitfalls down the line too. In fact, this homebuyer should have no trouble selecting a great lender who can fulfill his or her mortgage needs for years to come.
3. Consult with a Real Estate Agent
Let's face it – selecting a lender may prove to be exceedingly difficult. Fortunately, a real estate agent is happy to provide honest, unbiased advice to help you find the right lender in no time at all.
A real estate agent understands the challenges of obtaining a terrific mortgage, and as a result, will do everything possible to help a homebuyer discover a lender that can provide outstanding support day after day. Plus, a real estate agent can even help a homebuyer alleviate stress as he or she searches for the right lender.
Let's not forget about the support that a real estate agent can provide throughout the entire homebuying journey, either. Typically, a real estate agent can keep a homebuyer informed about new residences as they become available, set up home showings, negotiate with a home seller on buyer's behalf and much more.
Get the right mortgage any time you choose – use the aforementioned tips, and a first-time homebuyer can streamline the process of selecting the ideal lender.
Staging a home requires a seller to think about how to differentiate his or her residence from others that are currently available. Fortunately, a home staging checklist can make it easy for a seller to ensure his or her house stands out from the competition.
A home staging checklist allows a seller to take a step-to-step approach to enhance his or her house's appeal, which may lead to a fast, profitable home sale.
In addition, this checklist is simple to create and may include the following items:
1. Removing Clutter
Although you likely have collected a variety of antiques, artwork and other attractive items over the years, you may want to remove some of these belongings from your house. That way, you can help homebuyers envision what their lives may be like if they decide to purchase your residence.
Remember, the goal of a home seller is to stir up substantial interest in a house. If you eliminate clutter from your home, you can enable homebuyers to see exactly what your residence has to offer and help them make an informed purchase decision.
To remove clutter from your home, you may want to host a yard sale or sell excess items online. You can always donate excess items to local charities or give them to family members or friends too. Or, if you want to keep all of your belongings, you can put various items in a storage unit until your residence sells.
2. Cleaning a Home from Top to Bottom
An immaculate residence is sure to garner substantial interest from homebuyers. Thus, if you clean your home from top to bottom, you can increase the likelihood that your residence will make a positive first impression on potential buyers.
Go room by room and clean as much as possible. If you require extra assistance, you can hire a professional home cleaning company as well.
3. Collaborating with a Real Estate Agent
If you need expert guidance as you sell your residence, you should hire a local real estate agent.
A real estate agent is a difference-maker throughout the home selling journey. This housing market professional can help you stage your home, along with provide real estate market insights that you may struggle to obtain elsewhere.
When it comes to home staging, it often pays to collaborate with a real estate agent. In fact, a real estate agent will learn about your house and offer personalized home staging recommendations.
Furthermore, a real estate agent understands the ins and outs of selling a house and can help you make tough decisions throughout the home selling journey. He or she can work with you to determine an initial asking price for your residence, whether to accept an offer a home and much more. Also, if you ever have home selling concerns or questions, a real estate agent is happy to respond to them at any time.
Take the guesswork out of staging your residence – include the aforementioned items in your home staging checklist, and you can quickly and effortlessly get your house show-ready.