Posts Tagged ‘selling a home’

Your Living Room Can Sell Your Home

Sunday, June 21st, 2009

The one room where people tend to spend most of their time is the living room.  This is also one of the most important rooms to have in order if you are planning to sell your home.This room can make the single greatest impression on a potential buyer.  Buyers see the living room as a preamble to what they will get getting themselves into if they buy your home.  Selling your lifestyle will help you to sell your home and your living room should reflect that lifestyle.  There are a few things you can to do make the most of this space.

Keep it Neat!
Buyers are most impressed with a neat And orderly room than they are with a room that looks lived-in.  Put everything away that is not absolutely necessary, including toys, souvenirs, magazines, and family photos. Hide the remotes and videos behind closed doors or in a drawer. Put your personal items in a storage unit until the sale is complete.

Fresh Paint
Nothing says clean and new to potential buyers like freshly painted walls.  Choose a color that is neutral, but one that will coordinate with your furniture.  You want your living room to look very well put together.

Rearrange the Furniture
The focal point of the room should never, ever be the television.  Rearrange the furniture so that a nice painting,  architectural detail, or mirror is the focus of the room.  If you have a great view out of your living room window, show it off!

Avoid Odors
Clean the carpet. If the room looks very nice but smells bad, you can put off a buyer.  Replace the carpet if it is too stained.  Remember to choose a neutral color. If you have hardwood floors, make sure they are well kept.  Clean any area rugs. 

Another way to eliminate odors is to smoke outside.  A potential buyer who is a non-smoker will be particularly put off by a home that smells of stale smoke.  Clean the nicotine from every available surface and paint if necessary.Make it a rule that everyone will smoke outside until your home sells.

You want your home to reflect an easy, care-free, relaxed atmosphere.  You want it to be worry-free and comfortable.  Removing clutter, adding a few decorator touches like pillows and throws or a vase or two, will help with this approach.  If your furniture is out of date or stained and dirty, consider renting some neutral toned pieces and put the old stuff in storage. 

A little effort can go a long way in giving your home that extra push it needs to sell quickly.  Finding a buyer is easy when you go to FindBuyers.com.  Their unique matching system matches buyers and sellers much the same way dating sites match people.  Give them a try. Sign up for FREE!

 

Getting Your Home Ready for Sale

Thursday, June 18th, 2009

Many people want to sell their homes nowadays. Many of these homes are grand and beautiful whereas some of the others are less attractive and are in need of some repairs. Depending on the state of your home and how much you want for your home, you may need different levels of renovation to get your home ready to be put on the market. Beautiful homes usually sell for more money if you can find people willing to spend money on them. Homes that need a lot of fixing upfront will likely be sold as fixers and their prices will be substantially lower than homes that are move-in ready.

 

When to Renovate

There are three levels of renovation that you can do to your home before you put it on the market. You can do a complete renovation which will cost you much more money than other options but you can usually sell it for even more than what you put in. You can choose to do a cosmetic repair which will not make your home the most attractive home it could be but it will be move in ready. Alternatively, you could just stage your home. Home staging is becoming increasingly more popular because it really helps. If your home has absolutely nothing wrong with it, then a home staging is a good choice. But, if your home is not in a good shape, it might be a more befitting idea to do some minor repairs first.

 

Making Your Home Stand Out

When you have repaired or staged your home and it is ready to be put on the market, it is time to decide if you want to hire a realtor or you want to sell your home yourself. If you do it yourself, you will want to take your beautiful home pictures to print out and show prospective buyers. Homeowners can also upload their pictures of beautiful homes onto websites such as For Sale By Owner or FSBO so that anyone interested can read about their homes and can contact them through these sites when they want to actually see the homes.

Renovating a Home before Selling

Tuesday, June 9th, 2009

There are many people who need to sell their homes nowadays. Some of these homes are grand and beautiful whereas some of the others are less attractive and are in need of major or minor repairs. Depending on what the state of your home is and how much you are wanting to sell your home for, you will need different levels of renovation to get your home ready to impress buyers. Beautiful homes should sell for more money providing you can find people willing to spend money on them. Homes that need major repairs upfront will likely be sold as fixers and their prices are usually a lot lower when compared to homes that are move-in ready.

 

Should You Renovate?

There are three levels of renovation which you can do to your home before you put it on the market. You can do a complete renovation which will cost you quite a lot of money but you hope to sell it for even more than what you put in. You can choose to do a cosmetic repair which will not make your home the most beautiful home it can be but it will be move in ready. Alternatively, you could opt to just stage your home. Home staging is not a new concept but it is becoming increasingly more popular because it really helps. If there is absolutely nothing wrong with your home, then a home staging is a cheap but good choice. But, if something is broken in your home, it may be a more befitting idea to do some minor repairs first.

 

Making Your Home Stand Out

Once your home is beautiful and ready to be put on the market, you will need to decide if you want to go through a realtor or you want to sell your home yourself. If you do it yourself, you will need to take your beautiful home pictures to print out and show interested buyers. Homeowners can also upload their pictures of beautiful homes onto websites such as For Sale By Owner or FSBO so that anyone interested can read about their homes and can contact them through these sites when they want to actually see the homes.

Reasons for an Upside Down Mortgage

Saturday, May 30th, 2009

With the current real estate market, it is not surprising that the rate at which people are foreclosed on is up almost 50% in some places. There are many people who are having to face the upside down mortgage problem. The problem really started years ago when the housing markets were hot in many places including Nevada, California and Florida.

People were convinced that they could get into housed that were really beyond what they could afford and then wait for the property values to go up even more so that they can resell. Since there property values kept going up, there was no risk that they would not be able to make the profit by selling these houses in the future. After all, all the home selling, buying and investing seminars had many people who made lots of money this way.

The credit market made the matter worse. As home values rose high in many areas and states, there were plenty of lenders offering to give money to anyone with less than adequate credit providing that they were buying good enough homes. Therefore, people who did not make a whole lot of money and did not have decent credit were able to buy expensive homes with loans that were too expensive in the long run. They did not care about the high interest rates because their property values kept rising more and more.

 

But soon the bubble burst and home values plummeted significantly. The values kept going down as lenders realized that they made a mistake in lending to people who could not afford to pay back. They started foreclosing. But, by then, the property values had fallen so far that even when people wanted to sell their homes, they were not getting enough money back to repay their loans. Their mortgage balances were much higher than the values of their properties. Basically, they have upside down mortgages. Foreclosing on these homes is not a solution for banks either since they are not going to recoup the whole amount owed back. For homeowners, even though, there are ways to delay foreclosure, when they are upside down on their house mortgages, they are going to have to move out of their homes.