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Posted almost 10 years ago

Underwater Homeowners Up for Air Ready to List Homes

Many homeowners who have been nearly underwater on their homes are starting to come back to the surface for air. Many of them are thinking of listing their homes and with few alternatives for cash to fix up a property, a homeowner who wishes to sell has to get creative. There are so many little things that can be done to a home to entice homebuyers and fetch the highest price. This article on Lifehacker.com taps into a few of the less obvious things you can do to lure home buyers and get the best possible price for your home:

1.Clean up your entryway: A little paint, a change of an old light fixture, putting up some modern numbers on the front door, setting some fresh flowers next to the door. These are inexpensive but highly impactful things you can do to increase curb appeal.

2.Get rid of personal items: Do you have the largest PEZ collection in the world? Get it off display and into a box ready to move. And no one wants to see your 25 picture frames that take up the entire wall either. Put them in a box so a potential homebuyer can actually see the wall.

3.Find a good real estate photographer: This may not be inexpensive, but it will get you more bang for your buck than using your iPhone to take property photos. Use a photographer who knows how to photograph homes for a living. It’s not enough to have a good camera if you don’t know how to photograph a home for sale. Not to mention, a photographer has all of the right equipment including flashes and other light sources, tri-pods which allow for various heights and angles, just to name a few.

4.Use a hard money lender to finance the property rehab: Find a local hard money lender and get a real estate rehab loan. A hard money rehab loan can allow you to purchase new appliances, fixtures, replace countertops, and add other improvements that will increase a property’s value. Because hard money loans have very little documentation and are not based on credit or income, many real estate investors use them to buy and fix up investment properties used for rental or resale.

These things are only 4 of the ideas pulled from the article, there are so many more. What would you add to the list? If you’re a homeowner who is coming up for air and thinking of selling your home, read the entire Lifehacker.com article.

(Source: Lifehacker.com: http://lifehacker.com/the-easiest-cheapest-ways-to-prep-your-home-for-a-quic-1602951130)

Posted by Corey Curwick Dutton 


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