What Are Important Things To Do Before Listing Your Home?
Staging a home to make it more attractive to potential buyers is often perceived by sellers as an expensive exercise. However, this is not true, since there are many things you can do to boost property values without going through major renovations.
If you need a few tips on making your house much more appealing but you don’t have the budget for major modifications, check out the list below:
1.Enhance your house’s curb appeal
Your elders may have warned you not to judge a book by its cover, but in the world of real estate, it’s more apt to make first impressions that last. You may reason that your house has the most amazing kitchen, bathrooms, and living room, but no one will care about seeing those if crossing your front lawn feels like a misadventure in Wonderland.
So trim your lawn, dig up those dead or dying bushes, and get rid of piles of leaves and any rotting trees in your garden. Place potted flowering plants where they can best be seen or maybe even add a few lights for passers-by at night.
And don’t just stop with the garden: paint the walls, install lights on the porch, and repair or replace broken windows. You should trim down the long branches of trees in your house by calling the professionals such as tree trimming services Sydney contractors.
2. Apply new paint to old, age-worn walls
Old walls tend to have a greyish tinge that makes everything in the room look dull. Make rooms seem a lot livelier by applying a fresh coat of paint. However, don’t go overboard on the “lively” part: avoid unusually bright colors like neon orange or fire engine reds.
These may seem like interesting modifications to a room, but they can also turn off a lot of buyers. Stick to neutral colors that promote calmness and relaxation such as cool greys, beige, or even pastel colors.
3. Brighten up rooms by letting in more light
A bright room can seem truly relaxing, while dark rooms can feel stifling. Make sure that you keep your windows open to the outside by using light or sheer fabrics such as lace that allow light to pass through.
These can provide privacy without compromising the look of your house. If you have installed heavier drapery over your windows, at least tie them back whenever you are entertaining potential home buyers.
4. Ensure your home smell nice
Create a good atmosphere by ensuring your house smells nice. You may have cleaned, De-cluttered, or renovating your home to perfection, but if it comes with the smell of an old or unkempt house, then your buyers will give a lower rating than you would expect.
Create good impressions regarding your house’s property values by making it smell nice, and you can be sure to find buyers who are more than eager to move in.
Various Things Consider By The Property Investors:
Property investors should be revisiting their financial situations every couple of years to ensure that they have the best financial cover for their monetary gain. If there is a need to refinance a first investment property, then it would be beneficial to give the property the once over and see whether any improvements to the property would help with the refinancing application.
Oftentimes, when we are faced with financial decisions, we tend to be very one-eyed about what we are doing and focus just on that problem alone to get the results that we want. This is a good thing if it gets the results you want, but when refinancing properties, it is a good idea to have lateral thinking to get the best advantages out of the exercise.
A property investor wants to have as much equity as possible in their investment property to use that equity to purchase further properties and add to their portfolio. So when refinancing an investment property, it is a good idea to research whether a small investment in the property first will pay high dividends at the time of refinancing.
Will the bank be doing a fresh valuation (and they should), so make sure that they go on the property and not just do a ‘drive past.’ If you find that they are not going to do this, then perhaps you should consider refinancing with another bank that will take more notice of the fact that you have upgraded the property.
When considering all these options, consider what will improve the value of the property, and if they do, what will you do with the increased equity? If you intend to purchase again, this, of course, needs to be factored into your refinancing structure.
Before refinancing has a good talk to a mortgage broker and find out what is happening in the finance field and whether you would benefit from being with a new lender or whether you can twist the arm of your existing lender and get a much better deal.
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