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Getting Ready to Sell Your Property
We all have had the experience of someone important coming to the house and whether the visitor is an in-law, an old friend, or business associate you know the drill: Have the house in "show" condition. For investors the situation is much the same: First impressions count!!!! Even though you may not be able to tell a book by its cover, you'll probably pay more for a book if the cover is inviting, and attractive. If you have a home is for sale or soon to be for sale, in addition to a general cleaning here are some steps you can take to benefit from that all-important first look: 1. Start with the outside. Mow the law, prune bushes, remove dead branches and get rid of outdoor furniture you don't intend to move. 2. Paint the front door and window frames, or at least clean them up. 3. Check for leaks. A drip may not seem important, but does it suggest poor maintenance in those places that maybe the buyer can't see? Eliminate buyer worries and fix the little items which may be seen as clues relating to the general condition and upkeep of the house. 4. Clean out closets and storage areas. Paint them off-white inside to make them seem roomier. 5. Have a professional cleaning company clean the carpets. I would suggest this only if you are not replacing the carpets. 6. Caulk around tubs and sinks. New caulk invariably looks better than old caulk, and you'll also prevent leaks. 7. Replace bulbs that don't work and use as much wattage as is appropriate for each fixture, usually I use 100watt bulbs everywhere. Bright lights make homes seem, well??.Brighter! 8. If there are outdated tiles in kitchen and bath areas make sure and paint them with an appropriate color?here are some of the colors I would recommend?.high gloss white. It will amaze you the change this simple fix can have on a sixties type of bathroom. 9. Replace some old bathroom fixtures with a bar light above the mirror or medicine cabinet. 10. People have allergies and if there are sign of a pet make sure to get rid of them before showing the home, eg: pet doors. 11. Homes in a given location and price range battle for a common pool of buyers. Make sure that you do the things that will set your house apart from the rest. A key factor in this is offering some assistance with financing whether in a second mortgage or offering your mortgage to be assumed. Good luck and Happy Investing Steele Tolman teaches people how to successfully invest in real estate through the "Zero Down In Canada Real Estate Investing Home Study Course," web mentoring and seminars. http://www.motivagroup.com
MORE RESOURCES: There is something emotionally charged about the buying and selling of New York high-end real estate. How else to explain the juggernaut of reality TV shows about high-end brokers? After 30 years of marriage, Sharon and Michael Newman decided it was finally time to move from the Catskills to New York City. On blocks near Kissena Park streets are quiet, houses are small, and the electricity that charges the atmosphere in downtown Flushing is nowhere to be found. A five-story, seven-bedroom house in Brooklyn Heights has sweeping views of New York Harbor and the Manhattan skyline. Demand is so intense that there are waiting lists in some buildings, and a few landlords report that eager renters are even bidding up rents. Sales at the very high end of the market barely missed a beat in the recession. But that prosperity hasn’t yet trickled down. More borrowers are opting for fixed-rate loans with terms other than the standard 30 or 15 years, especially when it comes to refinancings. Insurance coverage for a co-op unit; when a tenant is ‘blacklisted’; a co-op is smaller than estimated. A shaky real estate market means more sellers are providing buyer concessions, from gift cards to help with paying property taxes. The settlement reached last week over questionable mortgage practices by major American banks hardly cracks the iceberg that is the foreclosure mess. Under the settlement, nearly two million Americans could benefit from mortgage relief from the nation’s biggest banks. A cold war-era satellite relay station is for sale in California after a Silicon Valley mogul gave up on plans to turn it into a weekend home. Court hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information. The Bay Area and Silicon Valley expect the windfall from the Facebook stock offering to make their in-demand region even hotter. Trinity Church is the largest landlord in Hudson Square and is part of the effort to rezone the area to residential from manufacturing. Rising oil prices and a boom in shale exploration are leading companies to add office space in the Houston area, most notably Exxon Mobil. Ms. de França is the president and chief executive of Douglas Elliman Development Marketing, which focuses on new residential developments. Meet the real estate broker’s interns: an ambitious group willing to do anything, earn nothing and wake up early on a Sunday to fluff the couch cushions at open houses. Plants that light up the winter garden can be found at Broken Arrow Nursery in Connecticut, which has long been a favorite of gardening geeks. A sister in need drew the painter Beverly McIver back home to North Carolina, unaware that a new beginning was in store for both of them. Timothy Sakamoto and Jochen Repolust are part of the small but growing niche making mobile apps focused on specific works of architecture. To promote an auction of 20th- and 21st-century design, the interior designer Stephen Sills has created a preview exhibition in an apartment at the Apthorp. Fishs Eddy now sells plates acquired from the archives of the now-defunct Syracuse China Corporation, many more than 100 years old. The designer Russell Greenberg creates custom baby rattles with ends shaped like profiles of mom and dad. |
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