6 Key Things Not to do When Selling Your Home

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If you are like most people, you’ve read article after article about what you should do when selling your home. Equally important to what you should do when selling your home is what you must avoid. There are six key things you want to avoid when selling your home.

 

Don’t Display Your Day to Day Life

 

Your home may have worked perfectly for you the way it is set up and decorated. You may automatically assume that the same template you’ve developed for your home works for anyone who may be interested in purchasing your residence. In fact, that is not the case.

 

When a prospective buyer enters your residence, he or she needs to be able to imagine the home as if he or she is living in it. If there is too much clutter, too much evidence of your own day to day live, that will become difficult, if not impossible, for a prospective buyer to accomplish.

 

Therefore you cannot leave your residence in state that overwhelms a person on how you have gone about living in the property. Thus, you need to eliminate a good deal of what you have displayed on tables and so forth. You need to put away the personal items that make your house a home for you, but don’t have the same pull with a prospective buyer.

 

Don’t Raise Red Flags

 

When it comes to selling your home, you must not leave red flags waving. If there are even small defects that are obvious in your home, deal with them before you open the doors to prospective buyers.

 

For example, if there are evident defects in the carpeting in a room, even if they are just due to normal wear and tear, you need to address those before the house goes on the market. Small defects can amount to red flags among many prospective buyers. They will worry that if obvious small defects exist, are there bigger problems with a property that are not obvious.

 

Don’t Be Negative

 

You must never be negative about anything at your property when you are visiting with a prospective buyer. Of course, you do need to disclose whatever is required by law, good or bad. But, that doesn’t mean that you need to make generalized negative comments about the residence in front of a possible buyer.

 

This includes even making statements like you decided to move because the house was too small or any type of comment like that. These types of statements and unnecessary and are likely to prove to be unhelpful.

 

Don’t Carpet the Bathroom

 

The bathroom and kitchen are two rooms in your residence that a purchaser really does buy in a decorated and complete condition. Thus, it is very important that the bathroom make the best possible presentation possible. The bathroom must not be in such a condition that a prospective buyer will believe he or she needs to immediately go to work on changing it if the house is purchased.

 

One key step in this regard is not to have a carpeted bathroom. The vast majority of people do not want carpet in the bathroom. They oftentimes equate a carpeted bathroom with dampness and odors.

 

Don’t Have Pets Around

 

Undoubtedly, your pets are part of your family. Understanding this reality, you nonetheless cannot have your pets around when a prospective buyer is going to touring the property.

 

Indeed, you need to take this admonition a step further. You can’t have anything that indicates the presence of a pet around when a possible buyer is going to be visiting the home.

 

Some staging experts contend that you should send your dog, cat, or other pets somewhere else while the house is on the market. This is an extreme position and is not a realistic approach to addressing the issue of pets in your home when the property goes on the market.

 

 

If you are like many people, you may have a room in your house that is more for storage than anything else, a proverbial junk room. Don’t leave that as wasted space when the house goes on the market.

 

Find another location for the junk you’ve let pile up in the spare room. Turn that space into something else. For example, redecorate it into a simple home office or guest bedroom. You’ll want a potential buyer to see how each room in the residence does have a productive use.

 

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Jessica Kane is a professional blogger who writes for Scaffold Store, the favorite and trusted scaffold supplier of the largest contractors.

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Saving for a Vacation Home: How Seniors Can Plan for the Financial End of Things

Vacation Home

Saving money for a vacation home can be difficult, and when you’re a senior on a fixed income, it can take some creative thinking to make sure you have the funds you need for the perfect getaway. Not only will you need to think about saving for a second mortgage, you’ll also need to consider the extra costs that you’ll incur from taxes and furnishing your new home. Then you’ll need to think about whether you want to turn your vacation home into a rental property when you’re not using it in order to recoup some of your investment.

A good financial plan begins with educating yourself about the real cost of a vacation home. Think about what it will take to make your dream a reality. Of course you’ll need money for the down payment, but you’ll also need funds to cover all the extra costs that come with a home, such as property taxes, utilities, HOA fees, and insurance, just to name a few. The location is a huge factor not only in cost, but in convenience, as the ideal vacation home is far enough away to be a “getaway” but close enough to your home that you can manage the upkeep.

Read on for some tips on how to plan for your vacation home and get everything you want out of it.

Location is key

The perfect vacation home means different things to different people. You may want something near the beach, near a ski resort, or in an area that has lots of restaurants nearby. You might want a home that fulfills needs for your health and well-being, such as a floor plan that works well for individuals with limited mobility. Take into consideration your lifestyle, your budget, and how often you’ll be using the home when you start your search, and gather some info on what the neighborhood is like as well.

Calculate well

Budgeting for something as big as a vacation home means doing some heavy planning. You need to make sure you’re familiar with all the rules of the area first, as some cities, homeowner associations, and resorts make their own set of laws when it comes to properties and amenities. Talk to a real estate agent and an accountant to get a good idea of what you’ll need to set aside.

Don’t forget the upkeep

Vacation homes often need updates when it comes to the kitchen and bathrooms, and these improvements can be pricey if you’re not careful with your budget and planning. One of the best ways to keep your home in good shape is to keep up with repairs and small changes rather than waiting to do them all at the same time. If you’re fairly close to your vacation home and can make a few trips a year for maintenance and upkeep, it will likely save you quite a bit of money in the long run. HomeAdvisor states that the average cost to remodel a kitchen is between $16,348 and $38,800, which is a big chunk of change. However, making green improvements, such as installing energy-efficient appliances or solar panels to the roof, can help you with tax credits as well as save you money on utilities every month, and that’s a great place to start with your budget.

Consider renting it out

While there are certainly downsides to renting out your vacation home, there are many upsides, too, including the fact that you’ll be getting extra income to help pay the mortgage. You’ll need to check and make sure this is an option before buying your home, as well as think about whether you’ll be available for emergencies should something go awry when the renters are in the home, but many vacation homeowners find this to be a great way to balance out the cost of the house.

Saving money for a vacation home starts with a solid plan, so make an effort to consider all your needs before you begin the process. Talk to your family about your plans and garner support and help from your loved ones to help make everything go smoothly.