‘Tis The Season: How To Dress Up Your House for Sale
No matter how well-built and substantial your home may be, if it lacks curb appeal, that is, a visually pleasing appearance, it’s not going to sell quickly nor at the desired price. So Terry advises first taking care of the obvious before putting your house for sale, such as pressure cleaning driveways, sprucing up the landscaping, or checking for wood rot.
In order to get the best price possible and to avoid problems after receiving an offer, make sure that that all major appliances, air conditioning, electrical system, roofing, and plumbing are in top condition prior to letting that first prospective buyer through your front door. Most insurance companies require a 4-point inspection (electrical, air conditioning, roof, and plumbing) that will affect your qualifying for a mortgage, so doing your own preliminary check-up can save time and money down the road.
Terry and Steve discuss the value of investing big money for, say, a new roof (that will indeed please the insurance company) as opposed to discounting the price to the buyer. One way or another, the bottom-line will be affected. And it’s the seller’s decision to make.
For the buyer, especially the first-time buyer, Terry suggests getting a pre-approval letter before starting the home search, as well as being mindful of your debt to credit ratio during this process.
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